Shipping Corporation of India

Non Declaratory Ship Owners Liability Insurance Cover

Last date of submission of tender
19.08.2024

Organisation Name

The Shipping Corporation of India Ltd

Organisation Type

Public Sector Unit

Tender Ref. No

P&S/INS/SOL/2024-25 RFX NO 9000046062

Product Category	Insurance
Sub Category	Insurance
Tender Value INR if not mentioned	usd 25500 /-
EMD INR if not mentioned	0
Document Cost INR if not mentioned	0
Tender Type	Two Bid
Location	MUMBAI
Type of Bidding	Two Bid
Sector	Insurance
For Further Information Contact

First Announcement Date	19-July-2024	15:00:00
Last Date of Document Collection	19-August-2024	17:00:00
Last date for Submission	19-August-2024	17:00:00
Opening Date	19-August-2024	17:00:00
PreBid Meet Date
Work Description	Pre-Qualification
E-Tender for Renewal of Non-Declaratory Ship owners’ Liability (SOL) Insurance Cover for the policy year 2024-25, commencing from 01.09.2024	The Indian General Insurance Companies must have- i. A minimum experience of 2 years in last 5 financial years in Marine Insurance Underwriting. The relevant experience of bidders’ lead reinsurer for this insurance cover will also be considered. ii. Valid IRDA license. iii. The net worth of General Insurance companies should not be less than Rs. 100 crores as on 31.03.2023. (This condition is waived off for PSU Insurance companies adhering to Ministry of Finance, Govt. of India Office Memorandum No. F.No.14017/64/2020-Ins.II dated 05.12.2023).

Address	shipping house
City	MUMBAI

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