Helping you to budget for the right cover
When you are tendering for a project with specific insurance requirements, professional input can be vital.
Whether you are working for the UN, a foreign government or a multinational principal, getting the insurance component correct in any tender process is critically important:
- If you under-estimate the cost of insurance you may compromise the bottom line when you win the contract
- If you over-estimate, you may find you are uncompetitive
- Start the contract without the correct cover in place and you may find the principal withholds payments or refuses to fully compensate you on completion
How can we help?
Our Tendering Service can help you to assess your insurance obligations for any contract and ensure that you are fully compliant in your response.
We can use our experience to look at ways of reducing premiums, often with tailor-made policies through Lloyd’s of London, potentially giving you a competitive advantage without compromising cover.