Future opportunity

UK Export Finance Political and Credit Risk Insurance Services

  • UK Export Finance

F01: Prior information notice (prior information only)

Notice reference: 2021/S 000-017283

Published 21 July 2021, 10:45pm



Section one: Contracting authority

one.1) Name and addresses

UK Export Finance

London

Email

corporateservices@trade.gov.uk

Country

United Kingdom

NUTS code

UK - United Kingdom

Internet address(es)

Main address

https://www.gov.uk/government/organisations/uk-export-finance

one.3) Communication

Additional information can be obtained from the above-mentioned address

one.4) Type of the contracting authority

Ministry or any other national or federal authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

UK Export Finance Political and Credit Risk Insurance Services

two.1.2) Main CPV code

  • 66000000 - Financial and insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

UK Export Finance (“the customer”) has a potential requirement for the provision of Political and Credit Risk Insurance Services.

Insurance Brokerage Services

• Arranging the placing of new Contracts of Insurance (as described below)

• Managing communications and endorsements relating to new and existing Contracts of Insurance

Political and Credit Risk Insurers

The typical profile of the insurance policies is (but not limited to):

• Political and Credit Risk, generally involving counterparties outside the UK

• Facultative Insurance Policies (although other forms of insurance policy may be considered, eg Treaty Insurance)

• Sums insured typically between £10m and £500m

• Call offs to be made through direct award or further competitions c.5 times per annum

• Insurance tenors between 5 and 15 years

• Transactions and Premiums denominated in US Dollars or Euros

At this stage of the procurement UKEF are conducting pre-market engagement and would like to hear from organisations interested in either or both opportunities.

To register your interest, please email corporateservices@trade.gov.uk by COP Wednesday 4th August 2021.

two.1.6) Information about lots

This contract is divided into lots: Yes

Maximum number of lots that may be awarded to one tenderer: 1

two.2) Description

two.2.1) Title

Insurance Brokerage Services

Lot No

1

two.2.2) Additional CPV code(s)

  • 66000000 - Financial and insurance services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

As per the Short Description.

two.2) Description

two.2.1) Title

Political and Credit Risk Insurers

Lot No

2

two.2.2) Additional CPV code(s)

  • 66000000 - Financial and insurance services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

as per the short description

two.3) Estimated date of publication of contract notice

25 October 2021


Section four. Procedure

four.1) Description

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No