This tender has closed on 28 April 2026.
The information below is kept for reference. Browse active Insurance, reinsurance and pension funding, except compulsory social security tenders or view all open tenders.
This tender seeks a qualified insurance broker to manage the Gert Sibande District Municipality's insurance portfolio from July 2026 to June 2029. Key requirements include comprehensive coverage, claims administration, and risk management strategies.
The Gert Sibande District Municipality is inviting tenders for the appointment of an insurance broker to oversee its insurance portfolio for a three-year period, commencing on July 1, 2026, and concluding on June 30, 2029. The selected broker will be responsible for the placement, maintenance, and administration of various insurance policies, ensuring that all municipal assets and activities are adequately covered against potential risks. The broker is expected to develop an annual service plan that aligns with the municipality's risk management strategies and includes detailed actions for claims administration and policy renewals.
Bidders must demonstrate their experience in managing substantial insurance portfolios, particularly those exceeding R500 million. The scope of work includes conducting internal and external discussions to establish renewal strategies, reviewing existing coverage, and providing recommendations for adjustments based on the municipality's evolving needs. The successful bidder will also be required to maintain ongoing communication with the municipality to ensure compliance and address any claims or policy-related queries efficiently. This tender represents an opportunity for brokers with a strong track record in public sector insurance to contribute to the effective risk management of municipal operations.
This tender is suitable for established insurance brokerage firms with experience in managing large municipal or public sector insurance portfolios, particularly those with capabilities in risk assessment, claims handling, and policy negotiation.