Provision of Group Life Assurance/Group Personal Accident at Bureau of Public Enterprises (BPE)

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:

  1. Life Policies

“Expressions of Interest for the provision or Group Life Assurance/Group Personal Accident Benefit Scheme”.

  1. 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.

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One Comments

  1. Lasisison says:

    great work man!

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