Tender Details

Country: Ethiopia
Summary: Develop an Insurance Product as an Alternative Mechanism
ETT Ref No: 59970631
Deadline: 26 Nov 2021
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.:
Purchaser's Detail:
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Description:
Request for proposals are invited for Develop an Insurance Product as an Alternative Mechanism for the Existing Personal/Character Referencing and Provide Inputs to Influence Government Policy to Address Referencing Issues that Liway Targets are Facing Based on the detailed market study conducted to address referencing. mainly character referencing, for the program target group, the insurance company will be responsible to: Conduct/propose further study for a specific product development. Develop tailored new insurance product as an alternative to character referencing for the program target group. Ensure the approval of the product by the National Bank of Ethiopia. Develop a reinsurance strategy if needed and engage the reinsurers. Pilot the developed product in the market for the target group. Based on the performance of the piloting, willing to adjust and scale it up to reach more program target groups with little or no support from the program. Willingness to co-invest in the process of product development and piloting. The Insurance company/Financial institute; Should be legally registered to develop the product and underwrite the risk Has a track record in engaging in similar engagement is a plus. Willingness to co-invest in the processes. Willingness to co-design the product for the need of LIWAY target group. An organization that are not prevented from receiving donor and specifically Sida funds.
Documents:

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Develop an Insurance Product as an Alternative Mechanism - Ethiopia Tender

The MERCY CORPS ETHIOPIA, a Government sector organization in Ethiopia, has announced a new tender for Develop an Insurance Product as an Alternative Mechanism. This tender is published on EthiopiaRFP under ETT Ref No: 59970631 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2021-11-26.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.