Insurance Brokerage Services

Concepts

• insurance brokerage
• frc
• contains details of the wide portfolio of insurances
• registered insurance broker
• insurance brokerage services
• competitive insurance covers
• insurance brokerage services project
• uk accounting
• financial reporting council
• competent authority

Location

Description

The Financial Reporting Council sets the UK accounting, audit and actuarial standards and administers the Corporate Governance and Stewardship Codes. As the competent authority for audit in the UK the FRC sets auditing and ethical standards and monitors and enforces audit quality. The FRC works in the public interest. Our work is aimed at investors and others who rely on company reports, audit, and high-quality risk management. The Financial Reporting Council is committed to • supporting the creation of a new regulator, the Audit, Reporting and Governance Authority (ARGA), which will be a strong and fit for-purpose regulator and provide increased confidence in the UK market. • Protecting and improving audit and reporting quality. • Making company reporting fit for the future. • Supporting the creation of the audit of the future • Ensuring that the world-leading UK Corporate Governance and Stewardship Codes make the UK a great place to do business, helping support Covid-19 recovery and UK prosperity. We also monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries. Further information about our role can be found at www.frc.org.uk. This Notice relates to our Insurance Brokerage Services Project. The FRC intends to appoint a registered insurance broker/broker firm to procure competitive insurance covers and premiums, net of broking commission. Schedule A contains details of the wide portfolio of insurances maintained by the FRC. The appointed broker will be required to provide the following services: - • advice and assistance as required on all aspects of the FRC's insurance needs; • advice on, and negotiation of, renewal terms and premiums for the policies detailed in Schedule A; • advice on the levels of cover held and/or indemnities to be maintained under these policies; • advice and assistance on the processing of claims. Full details are available in the attached Invitation to Tender (ITT) and associated documents.

CPV Codes

• 66518100 - Insurance brokerage services

Indicators

• Contract is suitable for SMEs.
• Contract is suitable for VCOs.

Other Information

Notes:- • Download and review the documents; • Observe the timelines and tender process • Register your interest in this opportunity by email to procurement@frc.org.uk • You will need to register your interest in this opportunity to receive the Q&A responses. Invitation to Tender (ITT) Invitation to Tender (ITT).pdf Schedule B - Order Form and Contract Terms & Conditions Schedule B - Order Form and T&C's.docx Schedule C - Form of Tender Submission Schedule C - Form of Tender.docx Supplier Due Diligence Questionnaire Supplier Due Diligence Questionnaire.docx