The Presidency
Bureau of Public Enterprises (BPE)
The Secretariat of National Council on Privatisation
11, Osun Crescent, of IBB Way, Manama, Abuja
Invitation for Expression of Interest for Provision of Group
Life Assurance/Group Personal Accident
Benefit Scheme & General Insurance
Life Policies: The Bureau of Public Enterprises, the Secretariat of the National Council on Privatization (NCR) invites Expressions of interests from reputable Insurance Brokers and Underwriters to provide cover for Bureau’s Group Life Assurance/Group Personal Accident Benefit Scheme.
The Insurance Companies will be expected to cover both natural and accidental deaths excluding suicide.
The services shall be in accordance with the Pension Act 2004. Section 9 Subsection 3 of the Act which makes it compulsory for organizations with five or more employees to maintain a Group Life Assurance Policy.
Applicants must possess a proven track record of successful management of Group Life Assurance/Group Personal Accident Benefit Scheme for organizations and with not less than ten (10) years experience in Insurance.
Non-Life Policies
The insurance companies are expected to provide:
- All Risk Insurance (Fire, Burglary, theft, electronics etc,)
- Motor Vehicles
Submission of Expressions of Interests (EOIs)
Expressions of Interests (EOIs) from interested Companies should specify the following information as basis for selection:
- Evidence of recapitalization as stipulated in NAICOM Act.
- Number of organizations the company has managed or is managing.
The initial contract will be for a period of 12 months, subject to renewal on satisfactory performance.
Expressions of Interests must be submitted in six (6) copies in a sealed envelope dearly marked:
- Life Policies
“Expressions of Interest for the provision or Group Life Assurance/Group Personal Accident Benefit Scheme”.
- Non-Life Policies
“Expressions of Interest for the provision of Non-life policies”.
The Expressions of interests should be addressed and delivered on or before Wednesday, 22nd December 2010 by 5:00 pm in room 008 at the address shown below:
Director General
Bureau of Public Enterprises
No. 11, Osun Crescent, off lbrahim Babangida Way, Maitama
P.M.B. 442, Garki, Abuja
Attention: Head, Management Services
Interested applicants may obtain further information at the address stated above from 8:00 am to 5:00pm, Monday through Friday.
Only short listed applicants will be contacted.
great work man!