This tender invites bids for the provision of short-term insurance broker services for a duration of three years. Key requirements include experience in insurance brokerage, claims administration, and compliance with local regulations.
The Ngaka Modiri Molema District Municipality seeks qualified service providers to deliver comprehensive short-term insurance broker services for a period of three years. The appointed broker will be responsible for negotiating insurance terms, managing claims, and providing expert advice on additional coverage options. Bidders must demonstrate a strong track record in the insurance sector, with a minimum of ten years' experience and relevant qualifications for key personnel, including an Account Manager and Claims Administrator.
The scope of services includes submitting proposals to insurance underwriters, attending pre-placement meetings, and handling all aspects of claims administration. The successful bidder will also be required to provide detailed reports on insurance statistics and negotiate favorable terms for the municipality's diverse insurance needs, which encompass public liability, professional indemnity, and property coverage. This tender represents a significant opportunity for brokers with expertise in municipal insurance to contribute to the effective risk management of public assets.
This tender is suitable for established insurance brokerage firms with proven experience in managing municipal insurance portfolios, particularly those with a strong understanding of public sector requirements and compliance.