Tender Details

Country: Canada
Summary: Marine Insurance Brokerage
CAT Ref No: 95380328
Deadline: 14 Feb 2024
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: RFP123017650
Purchaser's Detail:
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Description:
The Contracted Supplier will perform insurance brokerage, risk management and claims administration services in support of the Province's Marime programs, to include: arrange the placement, renewal and/or addition of marine aviation; secure quotes from insurers for potential new coverages; obtain the best terms and conditions at the most favourable pricing level for the Province; use best efforts to obtain quotations and/or additional insurers to assume a share/percentage of the required insurance coverage limits; prepare insurance specifications and provide assistance with underwriting proposals for marine insurance renewals; negotiate marine insurance coverages with insurers on behalf of the Province; remit premiums to insurers in accordance with industry practice and ensure premiums do not fall into arrears; annual review of the marine insurance program including analysis of coverages, limits, terms, wordings, deductibles, self-insured retentions and industry and market trends and provide recommendations on these issues; verify policy terms, conditions, language, form and consistency with expiring policy(s); prepare a written summary of each policy including key terms, conditions and endorsements and maintain each summary up to date; assist the Province in determination of existing and emerging risks to which the Province is exposed and the determination of appropriate risk management techniques to eliminate, reduce or transfer those risks; assist the Province to review co...
Documents:

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Marine Insurance Brokerage - Canada Tender

The GOVERNMENT OF NEWFOUNDLAND AND LABRADOR (GNL) - PUBLIC PROCUREMENT AGENCY, a Government sector organization in Canada, has announced a new tender for Marine Insurance Brokerage. This tender is published on CanadaTenders under CAT Ref No: 95380328 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2024-02-14.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.