The Growthfund is seeking to obtain proposals from appropriately qualified and experienced insurance companies for the Directors and Officers Liability insurance cover of the Growthfund with a maximum limit of liability amounting to EUR 50,000,000.00. The required insurance program shall provide insurance cover, as described in more detail in a relevant proposed insurance policy wording, indicatively for: • Defense costs and expenditures incurred for the preparation and representation in investigations. • Claims, which include: i) monetary, non-monetary or injunctive relief, ii) civil, regulatory, mediation, administrative, arbitration or other proceeding, iii) criminal proceeding.
Προθεσμία
Η προθεσμία παραλαβής των προσφορών ήταν 2022-10-07.
Η προμήθεια δημοσιεύθηκε στις 2022-08-29.
The Growthfund is seeking to obtain proposals from appropriately qualified and experienced insurance companies for the Directors and Officers Liability insurance cover of the Growthfund with a maximum limit of liability amounting to EUR 50,000,000.00.
The required insurance program shall provide insurance cover, as described in more detail in a relevant proposed insurance policy wording, indicatively for:
• Defense costs and expenditures incurred for the preparation and representation in investigations.
• Claims, which include: i) monetary, non-monetary or injunctive relief, ii) civil, regulatory, mediation, administrative, arbitration or other proceeding, iii) criminal proceeding.
The Growthfund is seeking to obtain proposals from appropriately qualified and experienced insurance companies for the Directors and Officers Liability insurance cover of the Growthfund with a maximum limit of liability amounting to EUR 50,000,000.00.
The required insurance program shall provide insurance cover, as described in more detail in a relevant proposed insurance policy wording, indicatively for:
• Defense costs and expenditures incurred for the preparation and representation in investigations.
• Claims, which include: i) monetary, non-monetary or injunctive relief, ii) civil, regulatory, mediation, administrative, arbitration or other proceeding, iii) criminal proceeding.
The date and place of opening of the proposals shall be determined following decision of the competent Growthfund body and as provided by Growthfund's Procurement Regulation. The date of the opening of proposals may change due to business needs.
Αντικείμενο Πεδίο εφαρμογής της προμήθειας
Σύντομη περιγραφή:
The Growthfund is seeking to obtain proposals from appropriately qualified and experienced insurance companies for the Directors and Officers Liability insurance cover of the Growthfund with a maximum limit of liability amounting to EUR 50,000,000.00.
The Growthfund is seeking to obtain proposals from appropriately qualified and experienced insurance companies for the Directors and Officers Liability insurance cover of the Growthfund with a maximum limit of liability amounting to EUR 50,000,000.00.
The required insurance program shall provide insurance cover, as described in more detail in a relevant proposed insurance policy wording, indicatively for:
• Defense costs and expenditures incurred for the preparation and representation in investigations.
• Claims, which include: i) monetary, non-monetary or injunctive relief, ii) civil, regulatory, mediation, administrative, arbitration or other proceeding, iii) criminal proceeding.
The Growthfund asks that the submitted proposals and the insurance cover that will be valid after the completion of the tender process will be granted in accordance with the proposed insurance policy wording that will be provided to each participating insurance company. Such proposed wording incorporates the English wording of “Corporate Guard - Directors and Officers Liability Insurance for Financial Institutions” of AIG, as modified by the addition of certain endorsements reflecting the insurance cover that meets the Growthfund’s needs. It is clarified that the Growthfund has safeguarded special permission by AIG to use such proposed wording in this tender, and its content constitutes intellectual property of AIG and may not be used for other purposes than the insurance of the Growthfund.
The Growthfund asks that the submitted proposals and the insurance cover that will be valid after the completion of the tender process will be granted in accordance with the proposed insurance policy wording that will be provided to each participating insurance company. Such proposed wording incorporates the English wording of “Corporate Guard - Directors and Officers Liability Insurance for Financial Institutions” of AIG, as modified by the addition of certain endorsements reflecting the insurance cover that meets the Growthfund’s needs. It is clarified that the Growthfund has safeguarded special permission by AIG to use such proposed wording in this tender, and its content constitutes intellectual property of AIG and may not be used for other purposes than the insurance of the Growthfund.
Deviations from the proposed insurance policy wording are not permitted.
The insurance policy will be subject to Greek Law and to the Jurisdiction of Greek courts.
The insurer’s maximum limit of liability that is required is EUR 50,000,000.00 and the insurance policy will include, among others, the following, as more fully detailed in the proposed insurance policy wording:
• Insurance cover for: i) the members of the Supervisory Board, ii) the members of the Board of Directors, iii) the Directors & Officers, iv) the employees of the Growthfund, while acting in a managerial or supervisory capacity for the Growthfund.
• Insurance cover for insured persons, as referred to in the immediately preceding paragraph who have retired or who have been resigned or fired.
• Insurance cover will not be provided to the existing subsidiaries of the Growthfund, i.e. the “Hellenic Financial Stability Fund”, the “Hellenic Republic Asset Development Fund S.A.”, the “Public Properties Company S.A.”, “5G Ventures S.A.” and the “Other Subsidiaries”. However, the policy will pay the Loss of each Insured Person of the Growthfund arising from a Claim that is related to the above mentioned subsidiaries and raised against the Insured Persons of the Growthfund at issue.
• Insurance cover will not be provided to the existing subsidiaries of the Growthfund, i.e. the “Hellenic Financial Stability Fund”, the “Hellenic Republic Asset Development Fund S.A.”, the “Public Properties Company S.A.”, “5G Ventures S.A.” and the “Other Subsidiaries”. However, the policy will pay the Loss of each Insured Person of the Growthfund arising from a Claim that is related to the above mentioned subsidiaries and raised against the Insured Persons of the Growthfund at issue.
• The cover will include a retroactive date (continuity date), i.e. since 25.10.2016, which is the date of establishment of the Growthfund pursuant to its registration in GEMI.
• Outside Entity Director cover.
• Special Excess Protection for the Non-Executive Directors and the Members of the Supervisory Board with an excess limit of EUR 1,000,000.00 per person, in addition to the limit of liability and up to EUR 6,000,000.00 in the aggregate for all the Non-Executive Directors and the Members of the Supervisory Board. The indicative budget for the requested Directors and Officers Liability insurance cover with a maximum limit of liability amounting to EUR 50,000,000.00 shall be EUR 365,265.00, for one (1) year, including the insurance premium tax and any other charges that may be provided in the Greek legislation (such amount shall be an indicative and non binding offer limit). The annual premium for the requested insurance cover for one (1) year shall be paid, in full, within thirty (30) days as of the date of receipt of the insurance policy.
• Special Excess Protection for the Non-Executive Directors and the Members of the Supervisory Board with an excess limit of EUR 1,000,000.00 per person, in addition to the limit of liability and up to EUR 6,000,000.00 in the aggregate for all the Non-Executive Directors and the Members of the Supervisory Board. The indicative budget for the requested Directors and Officers Liability insurance cover with a maximum limit of liability amounting to EUR 50,000,000.00 shall be EUR 365,265.00, for one (1) year, including the insurance premium tax and any other charges that may be provided in the Greek legislation (such amount shall be an indicative and non binding offer limit). The annual premium for the requested insurance cover for one (1) year shall be paid, in full, within thirty (30) days as of the date of receipt of the insurance policy.
The Growthfund reserves the right to ask for the renewal of the insurance policy for one (1) additional year on the same terms and conditions and in accordance to what is further mentioned in this request. It is clarified that, in case of disagreement as to the renewal of the insurance policy, the existing insurance policy shall be automatically extended for four (4) additional months, with a pro-rata premium to the premium for the prior annual period as this had been invoiced.
The Growthfund reserves the right to ask for the renewal of the insurance policy for one (1) additional year on the same terms and conditions and in accordance to what is further mentioned in this request. It is clarified that, in case of disagreement as to the renewal of the insurance policy, the existing insurance policy shall be automatically extended for four (4) additional months, with a pro-rata premium to the premium for the prior annual period as this had been invoiced.
Εκτιμώμενη αξία χωρίς ΦΠΑ: 365 265 EUR 💰
Περιγραφή των ανανεώσεων:
Duration of one (1) year, with the possibility of renewal of the insurance for one(1)additional year (i.e. in total 2 years), upon the Growthfund's request and the insurer’s agreement and on the same terms and conditions. In case of disagreement as to the renewal of the insurance policy, the existing insurance policy shall be automatically extended for 4 additional months with a pro rata premium.
Duration of one (1) year, with the possibility of renewal of the insurance for one(1)additional year (i.e. in total 2 years), upon the Growthfund's request and the insurer’s agreement and on the same terms and conditions. In case of disagreement as to the renewal of the insurance policy, the existing insurance policy shall be automatically extended for 4 additional months with a pro rata premium.
Περιγραφή των επιλογών:
The Growthfund reserves the right to ask for the renewal of the insurance policy for one(1)additional year (i.e. in total 2 years), upon the Growthfund's request and the insurer’s agreement and on the same terms and conditions. In case of disagreement as to the renewal of the insurance policy, the existing insurance policy shall be automatically extended for 4 additional months with a pro rata premium.
The Growthfund reserves the right to ask for the renewal of the insurance policy for one(1)additional year (i.e. in total 2 years), upon the Growthfund's request and the insurer’s agreement and on the same terms and conditions. In case of disagreement as to the renewal of the insurance policy, the existing insurance policy shall be automatically extended for 4 additional months with a pro rata premium.
Νομικές, οικονομικές, χρηματοπιστωτικές και τεχνικές πληροφορίες Όροι συμμετοχής
Καταλληλότητα για άσκηση της επαγγελματικής δραστηριότητας:
The right to participate in this request for proposal lies with insurance companies or consortiums of insurance companies, according to the respective legislation and the insurance market practice. The insurance companies shall be established in an EU Member State or in a state of the European Economic Area (EEA) or in a third country that has signed association agreements with the EU.
Καταλληλότητα για άσκηση της επαγγελματικής δραστηριότητας
The right to participate in this request for proposal lies with insurance companies or consortiums of insurance companies, according to the respective legislation and the insurance market practice. The insurance companies shall be established in an EU Member State or in a state of the European Economic Area (EEA) or in a third country that has signed association agreements with the EU.
Διαδικασία
Νομική βάση: 32014L0024
Ώρα παραλαβής προσφορών: 17:00
Γλώσσες στις οποίες μπορούν να υποβληθούν οι προσφορές ή οι αιτήσεις συμμετοχής: Ελληνικά 🗣️
Αγγλικά 🗣️
Διάρκεια ισχύος της προσφοράς: 3 μήνες
Ημερομηνία αποσφράγισης προσφορών: 2022-10-12 📅
Ώρα αποσφράγισης προσφορών: 11:00
Τόπος: At Growthfund's Offices
Πρόσθετες πληροφορίες:
The date and place of opening of the proposals shall be determined following decision of the competent Growthfund body and as provided by Growthfund's Procurement Regulation. The date of the opening of proposals may change due to business needs.
Αναθέτουσα αρχή Ταυτότητα
Εθνικός αριθμός μητρώου: 140358160000
Άλλος τύπος αναθέτουσας αρχής: Societe Anonyme with sole shareholder the Hellenic Republic
Επικοινωνία
Διεύθυνση του προφίλ αγοραστή: http://www.growthfund.gr🌏
URL εγγράφων: http://www.growthfund.gr🌏
Συμπληρωματικές πληροφορίες Σώμα αναθεώρησης
Όνομα: Hellenic Single Public Procurement Authority (H.S.P.P.A) (former Authority for the Hearing of Pre-judicial Objections - AEPP)
Ταχυδρομική διεύθυνση: 196 -198, Thivon Avenue
Ταχυδρομική πόλη: Athens
Ταχυδρομικός κώδικας: 18233
Χώρα: Ελλάδα 🇬🇷
Τηλέφωνο: +30 2132141216📞
E-mail: aepp@aepp-procurement.gr📧
Διεύθυνση διαδικτύου: www.aepp-procurement.gr🌏
Πηγή: OJS 2022/S 169-478206 (2022-08-29)