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Overberg Water seeks proposals for an insurance broker to provide comprehensive insurance services for a period of 36 months. Key requirements include coverage for property, liability, and operational risks, with a focus on efficient claims administration.
Overberg Water is inviting experienced insurance brokers to submit proposals for the provision of insurance brokerage services over a 36-month period. The successful bidder will be responsible for managing a diverse insurance portfolio, ensuring comprehensive coverage against various risks including property theft, vandalism, natural disasters, public liability, and operational risks. Additionally, the broker will facilitate the administration of claims, providing a user-friendly process with a turnaround time of no more than seven days for claim submissions.
This tender emphasizes the importance of compliance with the Overberg Water Supply Chain Management Policy and the Preferential Procurement Policy Framework Act. Bidders must provide a valid BBBEE Verification Certificate and demonstrate their capability through previous experience and client references. The evaluation will consider price and specific goals, with a scoring system that prioritizes both cost-effectiveness and empowerment objectives. This is an excellent opportunity for established insurance brokerage firms looking to partner with a reputable public entity in the water services sector.
This tender is suitable for established insurance brokerage firms with experience in providing comprehensive insurance solutions, particularly those familiar with public sector requirements and capable of managing diverse insurance portfolios.