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Buy nowThis tender has closed on 23 July 2026.
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This tender seeks a qualified insurance broker to provide comprehensive corporate short-term insurance coverage for the Small Enterprise Development and Finance Agency (SEDFA) for a period of three years. Key requirements include valid registration with the Financial Sector Conduct Authority and professional indemnity insurance.
The Small Enterprise Development and Finance Agency (SEDFA) is inviting bids for the appointment of a short-term insurance broker to deliver corporate short-term insurance services for its national, provincial, and branch offices over a three-year period. The selected broker will be responsible for providing innovative and cost-effective insurance solutions while managing and mitigating insurance-related risks effectively. Bidders must demonstrate extensive experience in the insurance sector and provide proof of compliance with all regulatory requirements, including registration with the Financial Sector Conduct Authority (FSCA) and possession of a valid professional indemnity insurance policy.
The scope of work includes coverage for various insured perils, such as business all risks, public liability, professional indemnity, and travel insurance for staff. The broker will also be expected to conduct quarterly performance reviews and ensure that SEDFA's insurance needs are met without compromising service quality. This tender presents an excellent opportunity for established insurance brokers to partner with a significant public entity, contributing to the financial security of SEDFA's operations.
This tender is suitable for established insurance brokerage firms with experience in corporate insurance solutions, particularly those with a strong track record in risk management and compliance with financial regulations.