Group Life Assurance brokerage services

Tender description

The GMC wishes to provide group life assurance benefits to its staff as one of its employee benefits. The benefits will provide cover for the majority of staff who are currently members of the GMC Group Personal Pension plan, estimated at 1,400 individuals. This is an existing employee benefit and our current contract ends on 1 July 2020.We are looking for a broker to support us in securing a group life assurance provider who will deliver a high-quality service whilst ensuring that we get best value for money.The GMC has five office locations in the UK: London, Manchester, Cardiff, Belfast and Edinburgh so any group life assurance insurer recommended must be able to deliver services throughout the UK.The broker must be able to deliver the work to tight timescales in order to meet our 1 July 2020 renewal date.The broker should have expertise in assessing the group life assurance market, the ability to provide an assessment of the market based on our claims history and offer recommendations on options that we should consider so that we can make informed decisions whilst ensuring value for money.