Selection as Insurance Broker to Engage an Additional Broker for Execution of General Insurance Cover

• Country: Nigeria
• Summary: Selection as Insurance Broker to Engage an Additional Broker for Execution of General Insurance Cover
• NGT Ref No: 72331073
• Deadline: 12 Oct 2022
• Financier: Self Financed
• Purchaser Ownership: Government
• Tender Value: Refer Document
• Notice Type: Tender
• Document Ref. No.: SFH/INS-2022
• Purchaser's Detail:
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• Description:
• Tenders are invited for Selection as Insurance Broker to Engage an Additional Broker for Execution of General Insurance Cover. Note: The closing date for receiving the application is 12th of October 2022. Any received after this deadline will not be accepted. Society for Family Health (SFH) is a Nigerian non-governmental organization (NGO) working in partnership with communities, government, donors and the private sector for universal health coverage and social justice of all Nigerians, we deploy health system strengthening and total market approaches in a bid to unify the private and public health sectors to scale an Essential package of Health services (EPHS) offering of good quality to all Nigerians. Our activities focus on HIV/AIDS prevention, Family Planning, Maternal and Child Health (Malaria, Water and Sanitation, Nutrition and Diarrhea control). The mission of SFH is to empower Nigerians, particularly the poor and vulnerable to lead healthier lives. SFH connects all Nigerians in an innovative social business model to expand access to essential health commodities while boosting overall national health financing. SFH intends to engage an additional broker for execution of General Insurance cover only. SFH will coordinate funding for the insurance and provide necessary operational support to its Insurance Brokers. In line with achieving the major intent of our mission; SFH invites reputable and competent organizations to prequalify to be selected as additional Insurance Broker for this purpose General Insurance A. Motor Vehicle Insurance i. Comprehensive ii. Third party iii. Third party with theft B. Fire and Special Perils (Asset, Commodities, Ota, Warehouse building and HQ building only) C. Theft, Burglary and House Breaking for assets and commodities D. Professional Indemnity E. Public liability F. Product liability G. Marine Insurance H. Group Personal Accident for Consultants only I. All Risk J. Fidelity Guarantee The duration for this engagement will be for an initial period of three (3) years with the option of an agreed period extension based on documented performance and availability of funds. Objective of service The objective of this service is to engage a reputable insurance broker who, together with the existing brokers, will assist SFH in optimizing its resources, preserving it assets, and provide professional services on insurable risk. Scope of Work: The scope of work for the insurance broker includes but is not limited to the following: • Analyze SFH operations and provide SFH with professional advice on appropriate insurance cover for all of its insurable interests. • Ensure SFH interests are protected by providing information on insurance administrative procedures, products and directing SFH in the selection of the best insurance products. • Ensure cost effectiveness and savings on insurance premiums. • Liaise between the insurance underwriters and SFH for efficient administration of the insurance policies. • Ensure prompt policy renewals. • Claims management and facilitation of claims payment. • Provide quarterly update on the insurance policy status. • Carry out any other assignment relating to the insurance cover given to SFH. • Provide usage and other reports as required.
• Documents:

 Tender Notice