CS-People: Group Medical Insurance & Accidental Insurance for Country Based Staff (and their dependents) of British High Commission in India

Tender description

Foreign, Commonwealth and Development Office (FCDO) represented by the British High Commission in New Delhi (India) intends to competitively identify (using PA 2023 - Open Procedure) competent Insurance Broker and an Insurance Agency for providing following two General Insurance Products: Product 1: Group Medical Insurance (to cover OPD & IPD) for Staff and their Dependents. Product 2: Group Accidental Insurance cover for Staff. Our preference will be to identify and Insurance Agency via a Broker. The Broker will be engaged for a period of 3 years and the Insurance provider for 1 year initially, with the policy period commencing on 1st April 2027. Towards the end of first year, the Broker will help British High Commission in selecting the insurance provider for the following 2 years (1 year at a time). Suitable and interesed Brokers and Insurance providers are invited to participate in a virtual Market Engagement Event. During this event we will present our requirements in detail, inform the suppliers market about our procurement process and seek views to better define our requirement in order to achieve Best possible insurance cover for our staff and Better Value for Money for the FCDO.