INSURANCE BROKER SERVICE FOR PERIOD UP TO THREE [3] YEARSClosed

Overview

SAPO seeks an Insurance Broker to provide risk financing advisory and short-term insurance brokerage services for a 3-year term (with possible annual renewal). Eligible bidders are qualified insurance brokers with FAIS/FSCA credentials, demonstrated experience managing large or public-sector portfolios, and capabilities across renewal strategy, market placement, risk engineering, claims management, and SLAs.

Requirements

• FAIS: licensed Financial Service Provider (FSP) and active on bid date; FSCA registrations for relevant personnel.
• Insurance cover: Broker Professional Indemnity Insurance > R250 million (active at bid closing).
• Experience: at least two client references for brokerage placements of entities with asset value > R2 billion; at least one reference from a Major Public Entity.
• Specialty placements: proven experience in cell captive and contingency insurance (> R150 million) and D&O insurance (> R600 million); marine and aviation placements.
• Claims and risk: capabilities in handling large claims, annual risk engineering surveys, actuarial evaluation, and ongoing risk management advisory.
• Team qualifications: proposed resources (except actuary) must be FSCA-registered; actuary must be AS-SA registered; CVs required.
• Compliance: CSD registration; SARS tax compliance status (PIN or CSD number); BBBEE status with consolidated certificates for JV/consortia.
• Returnable docs: SBD1, SBD4, Confidentiality Agreement, Certificate of Acquaintance; Annexures BC/BB/CC/CR as applicable; pricing in Annexure A.

How to Apply

• Submission deadline: 20 July 2026 at 11:00; questions by 17 July 2026 at 09:00. (see 2. REQUEST FOR QUOTATION.pdf)
• Submission method: email proposals to SAPORFQ@POSTOFFICE.CO.ZA. Ensure receipt by the deadline. (see RFQ.pdf)
• Documents to submit: completed SBD1, SBD4, Confidentiality & Non-Disclosure, Certificate of Acquaintance; latest CSD/MAAA number; SARS Tax Compliance Certificate; BBBEE documentation; pricing schedule (Annexure A) and all Annexures BC/BB/CC/CR as applicable. (see RFQ package)
• Pre-qualifications: FAIS FSP license; active Broker PI cover; FSCA registrations for proposed personnel; AS-SA actuary registration; CSD; tax compliance; BBBEE requirements.
• Briefing: details likely in the RFQ package; no venue/date in metadata. (see RFQ.pdf)

Notes: The package includes SBDs, scope, evaluation (Annexures A/BC/BB/CC/CR), and returnable documents. Some briefing details and specific formats are in the attached RFQ documents (RFQ/26/27/53).