- Country: Ethiopia
- Summary: Life (Long Term) and Health Insurance Business Study
- ETT Ref No: 84401353
- Deadline: 03 Jul 2023
- Competition: ICB
- Financier: Self Financed
- Purchaser Ownership: Public
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.:
- Purchaser's Detail :
Purchaser : NATIONAL INSURANCE COMPANY OF ETHIOPIA S.C. (NICE)
Logistics & Property Management Department - Debrezeyt Road, Lancha/ Beklo Bet area, ZEFCO building 5th Floors, P. O Box 12645, Kirkos Sub City, Wereda 4, House No. 894, Addis Ababa,
Tel: +251-114655605/114661129
- Description :
- Tenders are invited for Life (Long Term) and Health Insurance Business Study
The objective of this ToR is to Conduct a study & produce Life (Long Term) and Health Insurance business documents
Scope and Focus of the Assignment
The scope and focus of the assignment are to provide technical professional, strategic and facilitation to prepare Life (Long Term) and Health insurance business
Feasibility study
Study legal framework
Operating principle
Prospects of setting up Life and Health Insurance operation
Study expected business volume
Outline of proposed business strategy
Preparing Long-Term Insurance Operational Procedure Manual & Policies
Developing Life and Health Insurance Products Policy Documents
Underwriting
Claims &
Reassurance
Planning, operational and organizational Structure
Business plan for Life and Health Insurance Business including financial projections for the first five years of operations
Development of Organogram of Life and Health Insurance Operation
HR manpower planning
Organize training for key employees
Guidelines on developing marketing Strategy
The bid document must be accompanied by a bid security for the amount of Br. 15,000, for the consultancy service in form of CPO or Bank guarantee and deliver by a separate sealed and stamped envelope.
Bid document must be submitted to the National Insurance Company of Ethiopia S.C (NICE) and insert in the Bid Box prepared for this purpose - under the heading "Life (Long Term) and Health Insurance Business Study: latest by 3rd July 2023, 10:00 AM (before noon)
The Bids will be opened on 3rd July 2023, 10:30 AM (before noon) in the presence of bidders or their representatives at NICE's HQ Meeting Room
Bid closing date: Jul 03, 2023 10:00 AM
Bid opening date: Jul 03, 2023 10:30 AM
Region: Addis Ababa
Bid bond: 15,000.00 Birr
- Documents :
Tender Notice
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