Request for Proposal (RFP)_East Asia Regional Health and Life Insurance Brokerage Services 2022 to 2025

A Tender Notice
by THE BRITISH COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
3 year
Value
5M
Sector
BUSINESS
Published
14 Apr 2022
Delivery
To 22 May 2025 (est.)
Deadline
23 May 2022 09:00

Concepts

Location

Hong Kong

Geochart for 2 buyers and 0 suppliers

2 buyers

Description

Brief Description of RequirementWe will sign an insurance brokerage contract with one selected insurance broker to cover China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam.Services required by the British Council East Asia are structured around two key initiatives:• Renewal of existing insurance policies for policy year 2022/23. (For Oct 1 2022 to 30 Sep 2023, we keep the same benefits; and we are open to switching insurance companies when your proposed insurance policies are attractive.)• Development of a regional insurance solution for policy year 2023/24 onwards. (For Oct 1 2023 to 30 Sep 2025 and onwards, we expect your insurance solution to deliver value from benefits improvement, cost reduction, service improvement, etc.)

Total Quantity or Scope

Brief Description of RequirementServices required by the British Council East Asia are structured around two key initiatives:• Renewal of existing insurance policies for policy year 2022/23. (For Oct 1 2022 to 30 Sep 2023, we keep the same benefits; and we are open to switching insurance companies when your proposed insurance policies are attractive.)• Development of a regional insurance solution for policy year 2023/24 onwards. (For Oct 1 2023 to 30 Sep 2025 and onwards, we expect your insurance solution to deliver value from benefits improvement, cost reduction, service improvement, etc.)

Renewal Options

The contract duration covers two years plus one year extension.

CPV Codes

  • 66511000 - Life insurance services
  • 66512200 - Health insurance services

Indicators

  • Bids should cover the whole contract.
  • Renewals are available.
  • Award on basis of price and quality.

Reference

Domains