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All of Government Risk Financing and Insurance- Advanced Notice

Details

Tender Closed
RFx ID : 5298193
Tender Name : All of Government Risk Financing and Insurance- Advanced Notice
Reference # :
Open Date : Friday, 10 October 2014 5:30 PM (Pacific/Auckland UTC+13:00)
Close Date  : Tuesday, 28 October 2014 1:00 PM (Pacific/Auckland UTC+13:00)
Tender Type : Notice of Information (Advance Notice) (NOI)
Tender Coverage : All of Government  [?]
Categories :
  • 84000000 - Financial and Insurance Services
Regions:
  • Auckland
  • Bay of Plenty
  • Canterbury
  • Chatham Islands
  • Gisborne
  • Hawke's Bay
  • Manawatu-Wanganui
  • Marlborough
  • Nelson
  • Northland
  • Otago
  • Southland
  • Taranaki
  • Tasman
  • Waikato
  • Wellington
  • West Coast
Required Pre-qualifications : None
Contact : Greg Fowler
risk.coe@mbie.govt.nz
Agency Address : NEW ZEALAND
Related Tenders:
Overview

Context

The Ministry of Business, Innovation and Employment (MBIE) is leading an All-of-Government (AoG) procurement for risk financing and insurance which will provide benefits to government and providers through increased government agency collaboration.

This is an exciting opportunity to consolidate government’s risk financing and insurance needs, unlock value, and facilitate the progressive lifting of risk management maturity across government.

Solution

The AoG procurement for risk financing and insurance has two-steps. The first step is to release an RFP to the market seeking risk financing and insurance intermediary brokerage services. This will result in a closed panel of intermediaries.

Once the panel is set up, MBIE will release sequential RFPs to panel providers seeking their services and solutions for clusters of agencies. The successful intermediary will then source appropriate insurance options for the agency cluster.

Clusters will have complementary risk profiles and appetites developed from agency insurance data.

Step 1 RFP

MBIE is releasing an open RFP on the 28 October 2014 to initiate the establishment of the panel of intermediaries to source and manage risk financing and insurance for clusters of government agencies. Intermediaries will need to demonstrate they are capable of providing a full solution, which will include:

- Assisting government agencies in developing an understanding of their risk profiles (individual and clustered)
- Advising government agencies on their insurable risk profiles (individual and clustered)
- Developing effective collaborative risk financing solutions (initially insurance-centric) to manage government agencies’ risk profiles
- Accessing the insurance market directly to source the collaborative risk financing/insurance solutions
- Assisting MBIE in its role as the AoG contract manager.

Additional Detail

Further information will be included in the RFP on the 28 October 2014.

In addition, MBIE will hold an RFP briefing session on Wednesday 5 November from 10.30am to 12.30pm (at MBIE’s offices, 15 Stout St, Wellington). The briefing will provide additional information about the RFP and will be recorded and posted on www.gets.govt.nz.

Further information is available at: http://www.business.govt.nz/procurement/all-of-government-contracts/under-development/aog-risk-financing-and-insurance. Alternatively, you can contact the team at: risk.coe@mbie.govt.nz.

RFx Outcome

This tender has been completed.

Date RFx was completed/updated: Tuesday, 4 June 2019 8:59 AM (Pacific/Auckland UTC+12:00)