Navarinou 10, 1100, Ayios Andreas, Nicosia

savvas@insurancelinkcyprus.com

         

70 08 88 83

The best combination of coverage and cost, so to enable you to make the final decision.

Insurance Bidding Management

Conducting and Managing Insurance Bidding

This service is aimed at companies and organizations that are conducting public offers in order to get a better premium for their Insurance program. If you have not made offers for your business or organizations  various insurance policies in the last three or four years, then you may be missing out on opportunities that can lead to significant improvements in coverage, cost, or both. The domestic market in terms of property and accident insurance is quite competitive today than ever before.

Who is this service for?

  1. Public Organizations
  2. City Halls
  3. Medium to Large Business

We can gather all the necessary information and data and depending on your needs to develop technical Insurance specifications and guide the process from start to finish. Whether you want to get offers from your existing insurance company or many other ones, we can manage it for you. Giving written specifications, enables all Insurance Companies to receive the same information and give the offers with strict controls in order to ensure transparency.

Main purpose

The main purpose is not the lowest premium, but the lowest premium according to the terms of the specifications in the bidding documents.

After receiving the various offers,  we will analyze them and produce for you an evaluation report that will include comparative tables together with our final suggestions, for the best combination of coverage and cost, so to enable you to make the final decision.

Offer Process

  1. Discuss and evaluate the risks covered by your existing insurance policies.
  2. Analysis of your insurance needs.
  3. Visit the places to be insured.
  4. Identify and suggest insurable risks that are not covered by your existing insurance policies.
  5. Write Specifications based on your needs.
  6. Sending the specifications to the various Insurers who are interested in making an offer
  1. Receival of offers from insurance Companies.
  2. Evaluation and creation of comparative tables and final report
  3. Presentation of results
  4. Decision from you
  5. Placement of Insurance policies
  6. Examination of issued insurance policies if they have been issued based on tenders.
I am interested
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