We are the voice of insurance and long-term savings | Contact us

Flood Re announces publication of its Managing Agent Tender

Flood Re yesterday published a tender for the services of a Managing Agent.  An advertisement appeared in the Official Journal of the European Union (OJEU) as of 31 July 2014.

The OJEU notice invites potential and prospective bidders to apply for an initial 5-year contract, with contract award scheduled for Q4 2014. The Managing Agent will provide the majority of Flood Re’s systems and administrative processing.

Prospective suppliers should refer to the OJEU notice for details of the application process. This is available on the Cabinet Office Website (code RM3705).

The closing date for completed tender responses is 19 September 2014.

Tom Woolgrove, interim Flood Re CEO said:

"The appointment of a Managing Agent is a critical part of the Flood Re programme, so the release of these tender documents is a significant milestone towards the creation of Flood Re. We look forward to some high quality bids.”

Last updated 01/07/2016