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Concepts

• information technology
• other areas
• all the business areas
• risk events
• risk indicators
• terrorism risk
• the business
• hm treasury
• the magique risk system
• a risk system

Location

London

Description

Pool Re wishes to competitively tender for the provision and implementation of a Risk System. The system must support the assessment , management and reporting of Risks, Risk Indicators, Controls, Risk Events and Actions across the business.

Total Quantity or Scope

Pool Re is the insurance industry’s mutual for reinsuring terrorism risk in Great Britain and operates as an Arm’s Length Body of HM Treasury. Pool Re wishes to competitively tender for the provision and implementation of a Risk System. The system must support the assessment , management and reporting of Risks, Risk Indicators, Controls, Risk Events and Actions across the business. Pool Re implemented the Magique Risk system in January 2019. We are looking to fully integrate the system across the key aspects of Pool Re’s Risk Management Framework and potentially expanding the reach of the system across other areas of the business. The system is used by Compliance, Risk, Internal Audit and all the business areas. Please view the detailed Statement of Requirements in the procurement documents for further information.

Renewal Options

The contract will run for a three-year period with options for Pool Re, in its absolute discretion to extend for up to a further of two periods of twelve months.

CPV Codes

• 72000000 - IT services: consulting, software development, Internet and support

Indicators

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