Pool Re is seeking to appoint a strategic partner to provide reinsurance broking services.
Additional information:
Interested Suppliers are required to register on Pool Re's esourcing Portal to access and respond to the Contract opportunity
https://poolre.ukp.app.jaggaer.com/esop/ogc-host/public/poolre/web/login.jst
Pool Re are seeking a single Strategic Partner to provide and implement a Claim Handling and Treaty System. Pool Re have a requirement to invest in a System that can digitalise claims handling whilst supporting the move to Treaty and bifurcation. Following two separate pre-market engagement exercises, one for claims handling and one for treaty Pool Re received the information required to be able to make an informed decision about the proposed strategy going forward. It is imperative to note that Pool Re envisage being able to access the claims handling element of the solution prior to the need to utilise the solution for Treaty
Additional information:
The SQ documents are fully accessible at https://poolre.ukp.app.jaggaer.com/esop/ogc-host/public/poolre/web/login.jst
Pool Reinsurance Limited ("Pool Re") has invited expressions of interest in relation to a single or multi-Lot contract for the provision of IT & Cyber Security Support Services.
1.2. Pool Re is seeking to appoint a minimum of two (2) Tenderers ("Tenderers") for the provision of IT & Cyber Security Support Services and is specified into four (4) Lots of service provision, of which Lots 1,2 and 4 may be awarded as single or multiple Lots, and Lot 3 which may only be bid for as a single lot in total, i.e., not in combination with any of the other lots:
- Lot 1 - Managed Support Services Provider (MSP)
- Lot 2 - Software and Licenses
- Lot 3 - Managed Security Operations Centre as a Service (SOCaaS)
- Lot 4 - Internet Service Provider (ISP)
Additional information:
The SQ documents are fully accessible at https://poolre.ukp.app.jaggaer.com/esop/ogc-host/public/poolre/web/login.jst
INTERESTED SUPPLIER MUST REGISTER ON WWW.JAGGAER.COM TO ACCESS THE DOCUMENTS.
1.2. Pool Re is seeking to appoint a minimum of two (2) Tenderers and a maximum of four (4) for the provision of IT & Cyber Security Support Services, specified into four (4) Lots of service provision, of which Lots 1, 2 and 4 may be awarded as single or multiple Lots, and Lot 3 which may only be bid for as a single lot in total, i.e., not in combination with any of the other lots:
• Lot 1 – Managed Support Services Provider (MSP)
• Lot 2 – Software and Licenses
• Lot 3 – Managed Security Operations Centre as a Service (SOCaaS)
• Lot 4 – Internet Service Provider (ISP)
Pool Re wishes to invite tender responses for an internal audit partner reporting into the Risk and Audit Committee. This will include internal audit services, input into the annual internal audit plan, development of internal audit strategy and / or methodologies, advice, benchmarking and external good practice on governance, risk management and internal control, benchmarking and quality assurance of internal audit performance, specialist internal audit assurance and advisory service e.g. IT audit.
Additional information:
The ITT documents are fully accessible at https://poolre.ukp.app.jaggaer.com/esop/ogc-host/public/poolre/web/login.jst
INTERESTED SUPPLIER MUST REGISTER ON WWW.JAGGAER.COM TO ACCESS THE DOCUMENTS.
Pool Re Solutions are looking to procure services for the assessment and analysis of blast, to support the delivery of PML studies for the insurance industry.
The objective of a PML is to model credible, worst case scenarios for stakeholders, enabling informed decision-making and aid understanding of potential financial impacts in event of an attack.
A PML involves a risk-based identification of threat scenarios and modelling of blast overpressures through 2D desktop or 3D Computational Fluid Dynamic (CFD) blast modelling. Following analysis of the expected blast, calculations of building damage percentage and likely reconstruction / downtime, and Business Interruption (BI) costs are provided to inform the credible worst case costs, ensuring clients are able to make informed decisions regarding their risk management and risk finance.
Pool Re Solutions (PReS) are looking to procure services for the assessment and analysis of blast, to support the delivery of PML studies for the insurance industry.
The objective of a PML is to model credible, worst case scenarios for stakeholders, enabling informed decision-making and aid understanding of potential financial impacts in event of an attack.
A PML involves a risk-based identification of threat scenarios and modelling of blast overpressures through 2D desktop or 3D Computational Fluid Dynamic (CFD) blast modelling. Following analysis of the expected blast, calculations of building damage percentage and likely reconstruction / downtime, and Business Interruption (BI) costs are provided to inform the credible worst case costs, ensuring clients are able to make informed decisions regarding their risk management and risk finance.
The services required includes the following deliverables:
Assist in the identification of credible loss scenarios.
Provide blast 3D CFD and 2D desktop modelling capability, of agreed scenarios, to determine through assessment of overpressure and impulse the likely % building damage caused.
Provide accurate insight and evaluation of a PML (% damage, cost, downtime, recuperation costs).
Deliver a report providing blast analysis in support of the PML.
Project Structuring
Projects will be arranged and organised by PReS. Notification will be provided to the procured blast service, with an agreed notice period, prior to a service being engaged for a project. Each project scope, (e.g. completion period, number of blast scenarios for modelling) will be agreed as part of the project scoping. PReS will be responsible for the ongoing management, deadlines, report submission and client liaison of all projects. However, the procured blast services will be expected to support the project delivery, based upon agreed deliverables as per agreed the contractual arrangements.
The blast service is expected to be engaged on an ad-hoc nature to support project requirements as necessary.
Pool Re shall be holding a Supplier Briefing Session (via MS Teams) 11-12pm on the 7th July. Please email Commercialservices@poolre.co.uk for an invite.
Pool Re is seeking to appoint a broker for the provision of Insurance Brokerage services.
The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re’s insurance policies with insurance providers.
Pool Re requires cover to be placed across a range of insurance policies to include:
Professional Indemnity
Directors and Officers’ Insurance
Crime
Cyber
Commercial Combined
Insurance policies held for the provision of employee benefits are out scope for this requirement.
Pool Re is seeking to appoint a broker for the provision of Insurance Brokerage services.
The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re's insurance policies with insurance providers.
Pool Re requires cover to be placed across a range of insurance policies to include:
Professional Indemnity
Directors and Officers' Insurance
Crime
Cyber
Commercial Combined
Insurance policies held for the provision of employee benefits are out scope for this requirement
Pool Re is seeking proposals to appoint an Advisor to assist with the search for a custody services provider and a fund accounting provider.
The Advisor is expected to have market-leading knowledge of custody service providers. This should include an understanding of each providers strength and weaknesses.
Additional information:
In order to access the opportunity please access Pool Re's eSourcing Portal http://poolre.ukp.app.jaggaer.com/ and complete the Supplier Registration
Ensure you Complete Registration Data by answering all required questions marked with an asterisk.
To Access the ITTs- express an interest through the tab ITTs Open to All Suppliers, this will then move the ITT to My ITTs List. To express interest in Open Opportunities, please use ITTs Open to All Suppliers.
Pool Re is seeking to appoint a Loss Adjuster. 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.
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.
Pool Re is looking for up to 2 providers with proven ability in providing innovative non-traditional solutions and accessing broader capital market solutions to enhance the traditional retrocession protections currently placed for Pool Re by Guy Carpenter.
In addition, the successful providers(s) would introduce and advocate Pool Re to additional capital markets to those we already have an existing relationship with via our current intermediary.
Capital Market provider(s) will work alongside any incumbent intermediaries currently used by Pool Re and they will not encroach on the services already provided by them.
Capital Market provider(s) must be able to evidence market leading experience in the provision of the services.
Capital Market provider(s) should be able to demonstrate a unique perspective on the ILS marketplace and the ability to provide advice to Pool Re.
Capital Markets provider(s) must be able to evidence strong relationships with Capital Market investors and give actual examples of successful placements they have made.
Additional information: In order to access the opportunity please access Pool Re's eSourcing Portal http://poolre.ukp.app.jaggaer.com/ and complete the Supplier Registration
Ensure you Complete Registration Data by answering all required questions marked with an asterisk.
To Access the ITTs - express an interest through the tab ITTs Open to All Suppliers, this will then move the ITT to My ITTs List. To express interest in Open Opportunities, please use ITTs Open to All Suppliers.
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Pool Re is looking for up to 2 providers with proven ability in providing innovative non-traditional solutions and accessing broader capital market solutions to enhance the traditional retrocession protections currently placed for Pool Re by Guy Carpenter.
Additionally, Pool Re may require, in its absolute discretion, the supplier to provide additional related services and/or expand services during the lifetime of the contract in order to meet future changes in demands/needs or new initiatives. Any modification in respect of additional / expanded services shall be in accordance with the requirements of Regulation 72 of the Public Contracts Regulations 2015.
The company has a fund of c.£6.8bn, split across two custodians, £5.3bn in the primary global custodian and £1.5bn in the secondary global custodian. This tender will be for the primary global custodian only. The £5.3bn fund is invested across a diversified portfolio of global assets including corporate and government fixed income, mutli-asset credit, equites, mutual funds, private equity and derivatives.