ClosedServicesEuropeanSME-friendlyOpen

Liability Reinsurance Municipality of Amsterdam

Type
Services
66515410
Estimated value
Not published
To deadline
Ongoing
Knock-outs
0
exclusion grounds
Award basis
Best price-quality ratio
1 criteria
Assess manuallyconfidence high

VGA is seeking reinsurers for the liability risks of the Municipality of Amsterdam via three lots. The agreement has an initial term of three years with a possibility for extension.

Services · Open · European procedure · SME-friendly

SME-friendlyEuropean
Contract type
Services
Open
Estimated value
Estimate not published
Submission deadline
Ongoing
17:00
Scope
European
European procedure
Lots
3
3 lots
Main CPV code
Location
Netherlands
CharacteristicsCPV 66ServicesSME-friendlyEU tender

01What is being requested

The assignment concerns a pure claims-made reinsurance for the liability risks of the Municipality of Amsterdam and associated organizations, divided into three lots with a term of 3 years.

N.V. Verzekeringsbedrijf Groot Amsterdam (‘VGA’) requests a pure claims-made reinsurance for the liability risks of the Municipality of Amsterdam and/or affiliated and associated organizations and/or participations.

66515410Services
1Reinsurance agreement
2Excess reinsurance 1
3Excess reinsurance 2

02Breakdown by lot

Reinsurance agreementn/a
Excess reinsurance 1n/a
Excess reinsurance 2n/a

Per-lot values not published — bars show only the lot breakdown.

03Strategic insight

Strategic insight · AI analysis
Ensure a competitive bid based on a percentage of sum insured (promillage) or a fixed amount. Take into account the specific claims-made definition and the run-off risk provisions. Note the loss ratio clause which allows for premium revision.
Read automatically from the tender documents using AI. Always verify against the original documents.

04Points of attention

Important · 5
Coverage per claim can amount to up to € 75,000,000 for property damage and bodily injury.Important
For Lot 1, a Retention of € 350,000 per claim applies.Important
The reinsurance is worldwide with the exclusion of USA and Canada.Important
The premium must be indicated or whether this is an annual fixed premium.Important
Reinsurers must comply with the Convenant Internationaal verantwoord beleggen.Important

05Can I take part?

Financial — Reinsurers that receive a rating lower than A - from Standard & Poor's may be terminated prematurely.

06Exclusion grounds

Exclusion grounds — consult the ESPD
  • No specific exclusion grounds were extracted. In a European tender, the mandatory and discretionary grounds of art. 2.86/2.87 of the Dutch Procurement Act almost always apply — check the European Single Procurement Document (ESPD).

07Award criteria

Premiumweight n/a

The annual premium must be quoted by means of a percentage of sum insured (promillage), a fixed amount and/or an amount per inhabitant.

08Value in context

Estimate not published

The contracting authority did not publish an estimated value — common for a large share of contracts. The EU threshold for diensten is € 221.000, for reference.

09Likely competitors

#Likely bidderFitWins
1Allianz Benelux N.V.SME100225×
2MandatisUnknown100268×
3Veerhaven Assuradeuren B.V.SME100182×
4Achmea Schadeverzekeringen N.V.SME100227×
5XL Insurance Company SEUnknown100113×
6MS Amlin Insurance SEUnknown10086×

10Tender documents

Nota van inlichtingen 2024-09-05-12pdfSep 5, 2024 · 25 KB
Antwoord vraag 3 Presentatie Klimaat risico's voor expert meeting 14 mei v2pptxSep 5, 2024 · 25843 KB
Antwoord vraag 4 2022 R007-1284410BGJ-V02-bgj-NL AEC definitief (2)pdfSep 5, 2024 · 57 KB
Antwoord vraag 3 Expertmeeting klimaatrisicos_gemeente AmsterdampptxSep 5, 2024 · 24245 KB
Nota van InlichtingenpdfSep 5, 2024 · 393 KB
Notice of InformationpdfSep 5, 2024 · 398 KB
Antwoord vraag 3 Vylon Ooms Presentatie klimaat VGA 14-05pdfSep 5, 2024 · 5088 KB
Antwoord vraag 4 2022 R007-1284410BGJ-V02-bgj-NL AEC definitief (3)pdfSep 5, 2024 · 2123 KB
Antwoord vraag 19 Overzicht gemengde complexen woonstarters statushoudersxlsxSep 5, 2024 · 16 KB
Antwoord vraag 15 Claimdetail 223163_000_GEMEENTE WEESPxlsxSep 5, 2024 · 21 KB
Antwoord vraag 25 AVB schaden 500.000xlsSep 5, 2024 · 41 KB
Antwoord vraag 4 2022 R007-1284410BGJ-V02-bgj-NL AEC definitief (1)pdfSep 5, 2024 · 2271 KB

11Legal themes that may be relevant here

12Frequently asked questions

What is the purpose of the requested reinsurance?
The reinsurance is a pure claims-made reinsurance for the liability risks of the Municipality of Amsterdam and/or affiliated and associated organizations and/or participations. The purpose is that every loss covered under the Primary Insurance Agreement is likewise covered under the reinsurance, subject to the Retention.
What are the coverage terms and limits for property damage and/or bodily injury in Lot 1?
For property damage and/or bodily injury, coverage of € 25,000,000 per Claim applies with a maximum of € 50,000,000 per insurance year, less a Retention per Claim of € 350,000.
What coverage applies to financial loss within the first lot?
For financial loss, coverage of € 25,000,000 per Claim applies with a maximum of € 50,000,000 per insurance year, less a Retention per Claim of € 350,000.
How is the total maximum coverage distributed across the lots?
The reinsurance is subdivided into three lots, whereby the coverage per Claim can amount to € 75,000,000 for property damage and bodily injury AND € 25,000,000 for financial loss, with a maximum of € 50,000,000 per insurance year in each lot.

Automatically compiled from the official tender data and documents.

13Estimated value versus the market

p25
€ 200K
median
€ 538K
p75
€ 1,9 mln
deze opdracht

Gegunde waarden in CPV 66 · diensten n=882