Short-Term Insurance Brokerage Services

The Commission for Conciliation, Mediation, and Arbitration (CCMA) is inviting bids for the provision of short-term insurance brokerage services over a three-year period, commencing on May 1, 2027, and concluding on April 30, 2030. The successful bidder will act as the CCMA's insurance broker, responsible for a range of services including insurance placement, claims administration, and annual renewal management. Bidders must demonstrate their capacity to engage with insurers, negotiate competitive terms, and provide advisory services tailored to the public sector's unique insurance needs.

Key responsibilities include conducting regular reviews of the CCMA's insurance requirements, obtaining quotations, and facilitating the placement of the insurance portfolio. The appointed broker will also be required to maintain an automated claims management system, ensuring real-time tracking and reporting of claims. Bidders must hold valid registration as a Financial Services Provider and demonstrate adequate professional indemnity and fidelity guarantee insurance coverage. This tender presents a valuable opportunity for experienced insurance brokers to partner with a key public sector entity, enhancing their portfolio while contributing to the effective management of the CCMA's insurance needs.