DSB SOV, PDBI Insurance, Primary Layer

AI Summary

DSB SOV is procuring a primary layer of PDBI insurance with a 1‑billion DKK excess‑deductible quota‑share placement, as detailed in the DSB PDBI Submission 2027 policy schedule and wording. The procurement follows a negotiated procedure that follows a prior call for competition; tenderers must submit their bids in accordance with the enclosed policy schedule, and all costs associated with preparing and submitting a tender are to be borne by the tenderer. A single negotiation meeting will be held via Microsoft Teams.

Tenderers are required to meet a series of eligibility and suitability criteria. They must submit a European Single Procurement Document, declare any exclusion grounds, and confirm that they hold a Danish FSA licence to write insurance risks. Additionally, they must achieve a Financial Strength rating of no less than A‑ (or an equivalent from a recognised ratings agency) and confirm that they are not subject to the EU non‑cooperative jurisdiction exclusions or to the mandatory exclusion grounds outlined in EU Regulation 2022/576 concerning the war in Ukraine. **Bidders must submit quota‑share insurance proposals that fully satisfy the DSB PDBI policy schedule and wording, comply with Danish FSA licensing, achieve a minimum Financial Strength rating of A‑, and meet all applicable anti‑tax‑non‑cooperativity and EU Regulation 2022/576 exclusions.**

Description

The procurement is conducted as a negotiated procedure with prior call for competition.The tender consists of the following lot:Lot 1: 1 Billion DKK excess deductibles Class of Insurance: PDBI – please refer to the “DSB PDBI Submission 2027” documentLot details: Quota share placement, where tenderers are requested to submit bids according to the enclosed Policy Schedule and Wording.Costs incurred by the tenderer in connection with the preparation and submission of a tender are the tenderers to bear and will not be reimbursed.There is anticipated to be one negotiation meeting held via Microsoft Teams.
Additional information: Selection criteria that also apply to the lot: Concession to write insurance in Denmark: All Tenderers who wish to submit a tender must file a request for participation by submitting the European Single Procurement Document (hereafter ESPD) in accordance with the time limits put forth in the procurement documents. The Tenderer must declare whether the Tenderer is covered by the exclusion grounds listed in the ESPD. To fulfil the suitability criterion “Enrolment in a trade register” in the ESPD, all Tenderers must uphold permission to write insurance risks as specified in this tender by the Danish FSA. Other economic or financial requirements: To fulfil the economic criterion “Other economic or financial requirements” in the ESPD, all Tenderers must have a Financial Strength rating of no less than A- (Standard and Poor's or similar) or an equivalent rating from a comparable ratings agency. Other requirements: Requirement 1: Not established in a country on the EU list of non-cooperative jurisdictions for tax purposes: The applicant must confirm, that the applicant is not subject to the mandatory exclusion ground set out in Udbudslovens §134 litra a? Requirement 2: COUNCIL REGULATION (EU) 2022/576 of 8 April 2022. The applicant must confirm, that the applicant is not subject to the mandatory exclusion ground set out in Regulation (EU) 2022/576, article 5k regarding the War in Ukraine The undersigned solemnly declares the company is not: (a) a Russian national, or a natural or legal person, entity or body established in Russia; (b) a legal person, entity or body whose proprietary rights are directly or indirectly owned for more than 50 % by an entity referred to in point (a) of this paragraph; or c) a natural or legal person, entity or body acting on behalf or at the direction of an entity referred to in point (a) or (b) of this paragraph, including, where they account for more than 10 % of the contract value, subcontractors, suppliers or entities whose capacities are being relied on within the meaning of the public procurement Directives.

Lot: LOT-0000
Title: DSB SOV, PDBI Insurance, Primary Layer


Details

Status:
Open
Procedure type:
Competitive Procedure with Negotiation
Sectors:
66510000 - Insurance services
66515000 - Damage or loss insurance services
66515100 - Fire insurance services
+1 more
Place of origin:
Denmark
Places of performance:
Denmark
Deadline:
Nov 17, 2026, 03:00 PM
Contract duration:
36 MONTH
Contract type:
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