UK Export Finance Political and Credit Risk Insurance Services Framework

Descriptions

UK Export Finance (the “Authority”) has a requirement for the provision of brokerage services and contracts of insurance or re-insurance principally for political and credit risk.The purpose of this Contract Notice is to invite potential suppliers to either:a)tender for a Framework Agreement for insurance brokerage services in competition in accordance with the conditions set out in the Invitation to Tender on the eTendering Portal: https://uktrade.app.jaggaer.com/; orb)tender for a place on a panel of Insurers (including Reinsurers) in accordance with the conditions set out in the Invitation to Tender on the eTendering Portal: https://uktrade.app.jaggaer.com/The services delivery model consists of two lots:* Lot 1 Insurance brokerage servicesThe Authority intends to appoint a Primary Broker and Reserve Broker*Lot 2 Insurance panelAppointment to the panel is restricted to those bidders which meet the stated Selection Criteria and other conditions set out in the ITT.Affiliates of the Primary Broker will not be accepted*Note that £250m is the maximum anticipated spend. The actual spend is expected to be between £50m and £250m depending on requirements.