Captive Insurance Management Services

A Prior Information Notice
by NETWORK RAIL INSURANCE LIMITED

Source
Find a Tender
Type
Future Contract (Services)
Duration
not specified
Value
2M
Sector
BUSINESS
Published
06 Jan 2021
Delivery
not specified
Deadline
n/a

Concepts

Location

Guernsey

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

The Captive is Network Rail Insurance Limited . A summary of the Captive Insurance Management Services is as follows: Finance Underwriting Claims Governance Administration Compliance Financial Crime Data Protection Company Secretarial

Total Quantity or Scope

Captive Insurance Management Services. … This Captive is governed by the Guernsey Financial Services Corporation and the contract will be in accordance with the Insurance Business (Bailiwick of Guernsey) Law, 2002 and all regulations, codes and rules.

CPV Codes

  • 66518000 - Insurance brokerage and agency services

Indicators

Other Information

Total contract value is estimated at £1.8m. This is calculated as follows; Estimated spend is £360,000.00 per annum. Spend for the three-year contract period is £1,080,000 When including +1+1 options to extend, the contract value is estimated as £1.8m

Reference

Domains