Seeking a qualified broker to manage the Group Life Scheme for City of Cape Town employees. The service includes policy administration, claims management, and employee support, ensuring comprehensive coverage and benefits.
The City of Cape Town is inviting tenders for a service provider to act as a broker for the administration of its Group Life Scheme. This role is critical in ensuring that employees receive the necessary life insurance benefits, which includes policy management, claims processing, and ongoing support for beneficiaries. The successful bidder will be responsible for liaising with insurance providers, ensuring compliance with relevant regulations, and providing expert advice on policy enhancements and risk management strategies.
The scope of work encompasses the full administration of the Group Life Scheme, including but not limited to the enrollment of employees, maintenance of records, and timely processing of claims. The broker will also be expected to conduct regular reviews of the scheme to ensure it meets the evolving needs of the workforce and to provide educational resources to employees about their benefits. This tender presents an opportunity for brokers with experience in employee benefits and a strong understanding of the insurance landscape to contribute to the welfare of City of Cape Town employees.
This tender is suitable for insurance brokers and firms specializing in employee benefits and life insurance. Businesses with experience in public sector contracts and a proven track record in managing group insurance schemes are encouraged to apply.
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