The provision of Captive Management Services for the NDA Group Captive company

Tender description

NDA places over 20 different insurance and reinsurance policies on behalf of the NDA Group, some of which are or may be placed within the Captive,covering UK and overseas operational activities including rail and shipping. The Captive management services includes all activities for all policies, including but not limited to: placement, documentation, query resolution, assisting brokers with 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. Lot 1: 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 will appoint 1 supplier to provide all of the services required. Additional information: The NDA shall host a supplier engagement event on 30th January 2023 14:30 to 16:30 to register please respond to this notification using the portal confirming your interest, name, organisation, email address. This supplier event will be via a Microsoft teams conference. Maximum of 2 staff per supplier.<br/><br/>The estimated budget for this work will be to a maximum of £1,200000 including any extensions