Captive management

The goal of this tender is to set up a contract with one captive management service provider who provides the defined scope of work on the defined quality (performance indicators) compliant to Solvency II requirements and DNB (best practice) guidelines at the most optimal price in a long-term partnership - being a period of initially four years with the option to extend four times for one year 1 (maximum total of 8 years). The contract scope comprehends of seven categories: 1. Day-to-Day Management & Administration: The provider will act as the central coordination point for the Management Board and all advisors/outsourced functions - delivering timely reporting - managing regulatory correspondence and administrative obligations - and ensuring effective governance through ongoing oversight - licence maintenance and...