The Cross-Border Road Transport Agency seeks a qualified service provider for short-term comprehensive insurance coverage for its movable and immovable assets for a duration of 12 months. Key requirements include a user-friendly claims process and quarterly reporting.
The Cross-Border Road Transport Agency (C-BRTA) invites experienced and accredited service providers to submit quotations for short-term comprehensive insurance coverage for its assets. The insurance will cover a range of risks including property theft, vandalism, accidental damages, natural disasters, public liability, and comprehensive vehicle cover, including SASRIA. The contract will span from July 1, 2026, to June 30, 2027, and aims to streamline the insurance management process while ensuring robust protection for C-BRTA's assets, which include various buildings and movable items valued at approximately R69 million.
Bidders must demonstrate their capability to provide a simplified and efficient claims procedure, ensuring reasonable turnaround times for claims processing and replacement of losses. Additionally, quarterly reports on claims status are required to maintain transparency and accountability. This tender is ideal for insurance firms that specialize in comprehensive coverage and have a proven track record in managing similar portfolios, particularly those that can offer tailored solutions to meet the specific needs of a public entity like C-BRTA.
This tender is suitable for insurance companies with experience in providing comprehensive coverage for public entities, particularly those that can manage large asset portfolios and offer efficient claims handling processes.