CFT-1735 Provision of Insurance Brokerage Services for the EIB Group

The objective of this call for tender is to award a Framework Agreement to a successful tenderer for the provisions of insurance brokerage services for both EIB and EIF. Lot 1 will encompass the following services: • Arranging for quotations for the following insurance policies with regard to the EIB …

CPV: 66510000 Zavarovalniške storitve, 66518100 Storitve zavarovalniških posrednikov
Kraj izvršitve:
CFT-1735 Provision of Insurance Brokerage Services for the EIB Group
Organ za podeljevanje:
European Investment Bank
Številka dodelitve:
EIB/2024/OP/0010

1. Buyer

1.1 Buyer

Official name : European Investment Bank
Legal type of the buyer : EU institution, body or agency
Activity of the contracting authority : General public services

2. Procedure

2.1 Procedure

Title : CFT-1735 Provision of Insurance Brokerage Services for the EIB Group
Description : The objective of this call for tender is to award a Framework Agreement to a successful tenderer for the provisions of insurance brokerage services for both EIB and EIF. Lot 1 will encompass the following services: • Arranging for quotations for the following insurance policies with regard to the EIB Group’s risks: - Directors & Officers liability insurances – EIB & EIF, - Employment Practices Liability – EIB & EIF, - Professional Indemnity and Crime/Fraud – EIB and EIF, - Civil Liability – EIB and EIF, - Art pieces insurance – EIB, - Luggage insurance – EIB and EIF, - Travel Insurance for Governing Bodies members – EIB & EIF, - Governing Bodies travel insurance – EIB & EIF, - Cybersecurity insurance – EIB and EIF, • Advising and supporting on claim submissions under the above-mentioned insurance policies in force. • Continuous management of the EIB Group’s insurance policies and monitoring the insurance market in view of advising on ancillary insurance policies (from the list mentioned above) that could be considered as beneficial for the EIB Group, according to its demands, needs and budget availability. Lot 2 will encompass the following services: • Arranging for quotations for the following insurance policies with regards to the EIB Group’s risks: - Medical expenses during mission or when posted outside the EU – EIB & EIF - Death, funeral and loan insurance - EIB & EIF - Occupational health and work-related diseases insurance - EIB & EIF • Advising and supporting on claim submissions under the above-mentioned insurance policies in force. • Continuous management of the EIB Group’s insurance policies and monitoring the insurance market in view of advising on ancillary insurance policies (from the list mentioned above) that could be considered as beneficial for the EIB Group, according to its demands, needs and budget availability.
Procedure identifier : 64981b33-f99c-420b-96c5-24f1f4e5148c
Previous notice : 178649-2024
Internal identifier : EIB/2024/OP/0010
Type of procedure : Open

2.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66510000 Insurance services

2.1.2 Place of performance

Anywhere
Additional information : Please consult the procurement documents.

2.1.3 Value

Estimated value excluding VAT : 17 000 000 Euro

2.1.4 General information

Additional information : The legal basis for this procurement procedure is the EIB’s Corporate & Technical Assistance Procurement Guide (found here: https://www.eib.org/en/publications /eib-s-corporate-and-technical-assistance-procurement-guide -EIB’s Corporate & Technical Assistance Procurement Guide ). The Regulation (EU, Euratom) 2018 /1046 does not apply to the European Investment Bank. Tenders will be opened in a non-public procedure. Upon written request to the EIB ( corporate-procurement@eib.org ) mentioning the full title of the tender, the written record of the opening of tenders will be provided to economic operators who submitted a tender. The language in which tenders or requests to participate may be submitted is ENGLISH only; contrary to what is stated in section 5.1.12 (Terms of Procurement)
Legal basis :
Regulation (EU, Euratom) 2024/2509

5. Lot

5.1 Lot technical ID : LOT-0001

Title : Provision of brokerage services for the acquisition of “Liability” insurances
Description : The objective of this call for tender is to award a Framework Agreement to a successful tenderer for the provisions of insurance brokerage services for both EIB and EIF. Lot 1 will encompass the following services: • Arranging for quotations for the following insurance policies with regard to the EIB Group’s risks: - Directors & Officers liability insurances – EIB & EIF, - Employment Practices Liability – EIB & EIF, - Professional Indemnity and Crime/Fraud – EIB and EIF, - Civil Liability – EIB and EIF, - Art pieces insurance – EIB, - Luggage insurance – EIB and EIF, - Travel Insurance for Governing Bodies members – EIB & EIF, - Governing Bodies travel insurance – EIB & EIF, - Cybersecurity insurance – EIB and EIF, • Advising and supporting on claim submissions under the above-mentioned insurance policies in force. • Continuous management of the EIB Group’s insurance policies and monitoring the insurance market in view of advising on ancillary insurance policies (from the list mentioned above) that could be considered as beneficial for the EIB Group, according to its demands, needs and budget availability.
Internal identifier : EIB/2024/OP/0010-LOT-1

5.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66510000 Insurance services
Additional classification ( cpv ): 66518100 Insurance brokerage services

5.1.2 Place of performance

Anywhere
Additional information : Please consult the procurement documents.

5.1.3 Estimated duration

Duration : 48 Month

5.1.4 Renewal

Maximum renewals : 1
Other information about renewals : The framework contract is concluded for an initial period of 24 (twenty-four) months, renewable 1 (one) time(s). Please consult the draft framework contract in the procurement documents.

5.1.5 Value

Estimated value excluding VAT : 4 300 000 Euro

5.1.6 General information

Procurement Project fully or partially financed with EU Funds.
The procurement is covered by the Government Procurement Agreement (GPA) : no
Information about previous notices :
Identifier of the previous notice : 176162-2024

5.1.10 Award criteria

Criterion :
Type : Quality
Description : Please consult the procurement documents.
Category of award threshold criterion : Weight (percentage, exact)
Award criterion number : 70
Criterion :
Type : Price
Description : Please consult the procurement documents.
Category of award threshold criterion : Weight (percentage, exact)
Award criterion number : 30

5.1.15 Techniques

Framework agreement :
Framework agreement, without reopening of competition
Information about the dynamic purchasing system :
No dynamic purchase system

5.1.16 Further information, mediation and review

Review organisation : Court of Justice of the European Union
Organisation providing more information on the review procedures : European Investment Bank
Organisation signing the contract : European Investment Bank

6. Results

Maximum value of the framework agreements in this notice : 4 300 000 Euro

6.1 Result lot ldentifier : LOT-0001

At least one winner was chosen.
Framework agreement :
Maximum value of the framework agreement : 4 300 000 Euro

6.1.2 Information about winners

Winner :
Official name : Willis Towers Watson Luxembourg S.A.
Tender :
Tender identifier : Willis Towers Watson Luxembourg S.A.
Identifier of lot or group of lots : LOT-0001
Subcontracting : No
Contract information :
Identifier of the contract : CFT-1735 lot 1
Date on which the winner was chosen : 23/07/2024
Date of the conclusion of the contract : 04/12/2024
Organisation signing the contract : European Investment Bank

6.1.4 Statistical information

Received tenders or requests to participate :
Type of received submissions : Tenders submitted electronically
Number of tenders or requests to participate received : 3

8. Organisations

8.1 ORG-0001

Official name : European Investment Bank
Registration number : EIB
Postal address : 98-100 boulevard Konrad Adenauer
Town : Luxembourg
Postcode : L-2950
Country subdivision (NUTS) : Luxembourg ( LU000 )
Country : Luxembourg
Telephone : +352 43 79 1
Internet address : http://www.eib.org
Roles of this organisation :
Buyer
Organisation providing more information on the review procedures
Organisation signing the contract

8.1 ORG-0002

Official name : Court of Justice of the European Union
Registration number : CURIA
Postal address : Rue du Fort Niedergrünewald
Town : Luxembourg
Postcode : L-2925
Country subdivision (NUTS) : Luxembourg ( LU000 )
Country : Luxembourg
Telephone : +352 4303-1
Internet address : http://curia.europa.eu
Roles of this organisation :
Review organisation

8.1 ORG-0003

Official name : European Commission
Registration number : EUCOM
Postal address : Mondrian (CDMA), Rue du Champ de Mars 21
Town : Brussels
Postcode : B-1050
Country subdivision (NUTS) : Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad ( BE100 )
Country : Belgium
Telephone : +32 2 299 11 11
Roles of this organisation :
TED eSender

8.1 ORG-0004

Official name : Willis Towers Watson Luxembourg S.A.
Size of the economic operator : Large
Registration number : LU15085488
Postal address : 145 rue du KIem
Town : STRASSEN
Postcode : 8030
Country subdivision (NUTS) : Extra-Regio NUTS 3 ( LUZZZ )
Country : Luxembourg
Telephone : +352469601225
Roles of this organisation :
Tenderer
Winner of these lots : LOT-0001

Notice information

Notice identifier/version : 2724aba0-9ca6-4ba4-974e-99c67dadeb4f - 01
Form type : Result
Notice type : Contract or concession award notice – standard regime
Notice dispatch date : 21/10/2025 11:11 +02:00
Languages in which this notice is officially available : English
Notice publication number : 00698083-2025
OJ S issue number : 203/2025
Publication date : 22/10/2025