RFP QuestBeta
Awarded · ResultStage · contract

Pool Reinsurance Company Limited

Loss Adjuster

Financial ServicesCPV 66000000 66500000 66510000 66518000
Value£36k
Awarded20 Nov 2023
Published15 Apr 2024
RegionUK-wide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£36ktotal contract value
median £150k
this tender£0£4.7m

This sits below the typical range for Financial & Insurance Services contracts — a smaller, more accessible award. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

The primary function of Pool Re is to pay eligible claims to its members ("Members") following a terrorism event.

To ensure that Pool Re performs its role in an accurate, timely and cost- effective manner and to prevent any reputational damage, Pool Re must be ready to respond to incidents as they occur, whether it is a small, isolated incident or a catastrophic event.

Should a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.

To ensure that the claims and referrals are reviewed promptly, there may be a requirement for additional loss adjusting resource at Pool Re, subject to the size of the relevant loss event.

If required, the additional resource provided by the Supplier will assist the Pool Re Claims Manager in reviewing claims above individual Members' Large Loss limits, review, collate and calculate the erosion of Members' retentions and ensure the service provided to Members and other stakeholders is of the highest standard.

Key requirements

What the supplier must deliver

01

To ensure that Pool Re performs its

To ensure that Pool Re performs its role in an accurate, timely and cost- effective manner and to prevent any reputational damage, Pool Re must be ready to respond to incidents as they occur, whether it is a small, isolated incident or a catastrophic event.

02

Should a large loss event occur,

Should a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.

03

To ensure that the claims and referrals

To ensure that the claims and referrals are reviewed promptly, there may be a requirement for additional loss adjusting resource at Pool Re, subject to the size of the relevant loss event.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
779a03e5-746a-42c8-a02b-90386f2f3ae4
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
tender_391872/1342409
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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