Provision of Insurance Broker and Associated Services - PIN

Tender description

NDA places over 20 different insurance and reinsurance policies on behalf of the NDA Group, and their Captive Insurer, covering UK and overseas operational activities including rail and shipping. The insurance broker appointment includes all activities for all policies, including but not limited to: marketing, placement, documentation, query resolution, policy /technical wording review, risk management advice, strategic advice, contract clause review, technical advice, claims oversight and invoicing/payment. NDA reserves the right to allow its parent BEIS, and any other publicly owned organisations, access to utilise the contract if required The proposed duration of this Contract will be 3 years plus the option to extend by 1+1 years (5 years total). The procurement route will be by Find a Tender. NDA and Rutherford (NDA Captive Insurer) will appoint 1 supplier to provide all of the services required . The NDA shall host an engagement event on 17th January 2023 14:00 - 16:30pm to register please email nicki.brown@nda.gov.uk & madeline.jones@nda.gov.uk. Please type in the header "Pre Market Event". This supplier event will be via a Microsoft teams conference. Maximum of 2 staff per supplier. The maximum budget for this requirement is £1,750000 including all permissible extensions.