Planning: Insurance Broker Services (1st August 2024 - 31st January 2028)

Tender description

Insurance Broker Services for the University of St Andrews. The broker will be responsible for advice on insurance strategic direction, programme placement, negotiating wordings and extensions, being aware of market options, handling and monitoring completion of day to day queries, ensuring a satisfactory tripartite relationship with underwriters, advising on overseas exposures, facilitating claims handling on certain classes, acting as arbiter and point of escalation for claims on other classes, and providing a point of referral for property loss control advice to market norms, including accompanying insurer risk control surveys.<br /><br />Where we have existing in-house capability, we expect the broker to augment that capability and present it to the market. <br /><br />The broker will be responsible for issue of satisfactory policy wordings, negotiating suitable terms and conditions within those wordings, checking those wordings, and issuing statutory and other certificates on a timely basis.<br /><br />Please see tender documents for full details.