All of Government Risk Financing and Insurance

Details

Tender Closed
RFx ID :	5298196
Tender Name :	All of Government Risk Financing and Insurance
Reference # :
Open Date :	Tuesday, 28 October 2014 8:00 AM (Pacific/Auckland UTC+13:00)
Close Date  :	Friday, 28 November 2014 3:00 PM (Pacific/Auckland UTC+13:00)
Tender Type :	Request for Proposals (RFP)
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
Exemption Reason :	None
Required Pre-qualifications :	None
Contact :	Greg Fowler risk.coe@mbie.govt.nz
Alternate Physical Delivery Address  :	Tender Box at Reception - 15 Stout St, Wellington, 6011
Alternate Physical Fax Number  :
Agency Address :	NEW ZEALAND

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.

We’re seeking to create strategic relationships with the risk financing and insurance intermediary industry to place government agencies, and central government, in a position where;

 they are better informed and enabled to make accurate risk based decisions that support the successful achievement of organisational objectives;
 they are positioned to incrementally mature their approach to risk management; to a point where alternative risk financing options may become feasible in the future; and
 they are positioned to enhance strategic relationships across the Risk Financing and Insurance industry in a manner that will deliver security, innovation, build sustainable practices and solutions, and result in value for money.
This request for Proposal (RFP) is the first step of a two-step approach and will result in the establishment of an exclusive panel of risk financing and insurance intermediaries for the New Zealand government.

MBIE is seeking proposals from respondents who can demonstrate capacity, capability and expertise in:

 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; and
 assisting MBIE in its role as the AoG contract manager.

Once the panel is set up, MBIE will release sequential, closed 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.

Interested? Subscribe to the RFP for further detail

This tender has been awarded to:

• AoG Risk Financing and Insurance Intermediary Services Panel of Providers

Further Award Information:
New Zealand Government Procurement (NZGP) is pleased to announce a new All-of-Government (AoG) panel for risk financing and insurance intermediary services. This Panel have demonstrated the necessary capacity, capability and expertise to deliver services and solutions to government agencies.
The Providers are:
-Aon New Zealand Ltd
-Crombie Lockwood (NZ), an Arthur J. Gallagher company
-Jardine Lloyd Thompson (JLT) Ltd
-Marsh Limited
-Willis New Zealand Ltd.
The panel award follows a competitive tender process late in 2014 and completes stage one of the Risk Financing and Insurance AoG solution.
Our next step is to progress with a secondary procurement process. This involves working with eligible agencies to determine the configuration of clusters of agencies with similar risk profiles. We will present these clusters to the panel in a series of closed RFPs.
For more information please visit: http://www.business.govt.nz/procurement

Award Date: Wednesday, 29 April 2015 (Pacific/Auckland UTC+12:00)
Date RFx was completed/updated: Wednesday, 22 April 2015 3:15 PM (Pacific/Auckland UTC+12:00)