Invitation for Expression of Interest for Pre-Qualification as an Insurer for Group Life Assurance at Federal Housing Authority

Federal Housing Authority

(Established Under CAP 136 Laws of Nigeria 1990)

26^th Julius Nyerere Crescent, Asokoro,

P.M.B. 101, Garki, Abuja

www.fha.gov.ng

E-mail: info@fha.gov.ng

Tel: 07098808518

Invitation for Expression of Interest for Pre-Qualification as an Insurer for Group Life Assurance for the Federal Housing Authority

1. Federal Housing Authority (FHA) hereby calls for bids from registered Insurance Companies in Nigeria for Group Life Assurance Scheme of its workforce,

2.       Any Insurance Company seeking to be selected must satisfy the following conditions:

1. Be a Limited Liability Company registered in Nigeria and licensed by the National Insurance Commission to transact Life Assurance Business,
2. Have a net asset as stipulated in the Insurance Act and any amendment thereof as per its latest Published Accounts for its life assurance business,
3. Have acquired good experience in the life assurance business
4. Have adequate and qualified staff with cognate experience in life assurance business.
5. Have a verifiable locational address in Abuja.
6. Be a good corporate citizen of Nigeria that pays its taxes as and when due.
7. Must have a good reputation for prompt settlement of claims.

3.       Any qualified Insurer willing to apply must do so in writing accompanied by the following documents to be bound together.

1. A true copy certified by the Corporate Affairs Commission of the Company’s Certificate of Registration.
2. A true copy certified by NAICOM of the Corporate  License or Rectification as an Insurer to transact life assurance business,
3. Company’s published Annual Report and Accounts for the last three years,
4. A copy of NAICOM’s approval for Annual Returns and Accounts for the underwriting year 2008
5. Certified true copy of the company’s current Tax Clearance Certificate
6. profile of 6 (six) top management staff of the Company with their qualifications and insurance working experience,
7. A signed Declaration by the Chief Executive Officer that the Company settles and will continue to settle all genuine claims promptly.

4.       Six (6) copies of the bound application and supporting documents must be submitted in a sealed envelope marked “Bid for Group Life Assurance for the Federal Housing Authority (FHA) 2011” to reach, not later than 4^th April, 2011:

The Secretary

FHA Tenders Board,

Federal Housing Authority

Julius Nyerere Crescent Asokoro

P.M.B. 101, Garki,

Abuja

5.       Opening of pre-qualification documents  will be held in the presence of applicants who wish to attend on 11^th April, 2011 at the Federal Housing Authority’s Headquarters, Abuja.

No communication will be entered into with any unsuccessful applicant.

Signed

Management

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