CFT-1735 Provision of Insurance Brokerage Services for the EIB Group
Awarded
The competition has ended and a winner has been selected.
Forsikringstjenester
The European Investment Bank has entered into a framework agreement with Willis Towers Watson Luxembourg S.A. for the provision of insurance brokerage services for both EIB and EIF, with a maximum total contract value of 17,000,000 EUR over 4 years. The services are divided into two lots: Lot 1 includes arranging quotations for various liability and property insurance policies, advising on claim submissions, and continuous management of insurance policies; Lot 2 covers arranging quotations for medical expenses, death, funeral, loan, occupational health, and work-related diseases insurance, advising on claim submissions, and continuous management of these policies.
Result
- Winner
- Willis Towers Watson Luxembourg S.A.
- Number of bids
- 3
- Contract value
- Not stated
- Maximum framework agreement value
- Up to €4,300,000
About the bid
- Contact phone
- +352 43 79 1
- Contact email
- ppmt@eib.org
- Address
- 98-100, boulevard Konrad Adenauer, L-2950 Luxembourg
The objective of this call for tender is to award a Framework Agreement to a successful tenderer for the provisions of insurance brokerage services for both EIB and EIF. Lot 1 will encompass the following services: • Arranging for quotations for the following insurance policies with regard to the EIB Group’s risks: - Directors & Officers liability insurances – EIB & EIF, - Employment Practices Liability – EIB & EIF, - Professional Indemnity and Crime/Fraud – EIB and EIF, - Civil Liability – EIB and EIF, - Art pieces insurance – EIB, - Luggage insurance – EIB and EIF, - Travel Insurance for Governing Bodies members – EIB & EIF, - Governing Bodies travel insurance – EIB & EIF, - Cybersecurity insurance – EIB and EIF, • Advising and supporting on claim submissions under the above-mentioned insurance policies in force. • Continuous management of the EIB Group’s insurance policies and monitoring the insurance market in view of advising on ancillary insurance policies (from the list mentioned above) that could be considered as beneficial for the EIB Group, according to its demands, needs and budget availability. Lot 2 will encompass the following services: • Arranging for quotations for the following insurance policies with regards to the EIB Group’s risks: - Medical expenses during mission or when posted outside the EU – EIB & EIF - Death, funeral and loan insurance - EIB & EIF - Occupational health and work-related diseases insurance - EIB & EIF • Advising and supporting on claim submissions under the above-mentioned insurance policies in force. • Continuous management of the EIB Group’s insurance policies and monitoring the insurance market in view of advising on ancillary insurance policies (from the list mentioned above) that could be considered as beneficial for the EIB Group, according to its demands, needs and budget availability.
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Qualification requirements
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See the full notice
- Contracting authority
- European Investment Bank (EIB) and European Investment Fund (EIF), together defined as the EIB Group
- Title
- CFT-1735 Provision of Insurance Brokerage Services for the EIB Group
- Type
- Main code
- Supplemental codes
- Estimated value
- €17,000,000.00
- Duration
- 48 months