Award

Capital Markets Advisor(s)

POOL REINSURANCE COMPANY LIMITED

This public procurement record has 2 releases in its history.

Award

19 Aug 2024 at 15:16

Award Notice
Tender

28 Dec 2023 at 11:59

Tender Notice
Summary of the contracting process

POOL REINSURANCE COMPANY LIMITED, based in London, UK, has awarded a contract titled "Capital Markets Advisor(s)" under the financial and insurance services category. The procurement, handled through an open procedure, sought up to two providers to deliver innovative capital market solutions to supplement existing retrocession protections managed by Guy Carpenter. The tender process commenced with publication on 28th December 2023, with a crucial milestone being the tender period ending on 9th February 2024. Contracts were awarded to AON SECURITIES LIMITED and TIGERRISK CAPITAL MARKETS & ADVISORY (UK) LIMITED on 26th March 2024, and the services are set to begin from 12th August 2024, running through to 11th August 2029.

This procurement presents significant opportunities for businesses with expertise in capital markets and financial advisory services, especially those capable of introducing novel, non-traditional solutions. Companies with robust relationships with capital market investors and a proven track record in this domain stand to gain from this contract, potentially allowing them to expand their market presence and leverage new business avenues. Businesses focusing on financial services innovation and possessing distinct perspectives on the ILS marketplace are particularly well-suited to benefit from such opportunities, thereby enhancing their business growth and industry standing.

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Notice Information

Notice Title

Capital Markets Advisor(s)

Notice Description

Pool Re is looking for up to 2 providers with proven ability in providing innovative non-traditional solutions and accessing broader capital market solutions to enhance the traditional retrocession protections currently placed for Pool Re by Guy Carpenter. In addition, the successful providers(s) would introduce and advocate Pool Re to additional capital markets to those we already have an existing relationship with via our current intermediary. Capital Market provider(s) will work alongside any incumbent intermediaries currently used by Pool Re and they will not encroach on the services already provided by them. Capital Market provider(s) must be able to evidence market leading experience in the provision of the services. Capital Market provider(s) should be able to demonstrate a unique perspective on the ILS marketplace and the ability to provide advice to Pool Re. Capital Markets provider(s) must be able to evidence strong relationships with Capital Market investors and give actual examples of successful placements they have made. Additional information: In order to access the opportunity please access Pool Re's eSourcing Portal http://poolre.ukp.app.jaggaer.com/ and complete the Supplier Registration Ensure you Complete Registration Data by answering all required questions marked with an asterisk. To Access the ITTs - express an interest through the tab ITTs Open to All Suppliers, this will then move the ITT to My ITTs List. To express interest in Open Opportunities, please use ITTs Open to All Suppliers. Jaggaer Supplier Support/ Helpdesk Global Phone Number: https://www.jaggaer.com/support/phone-numbers/ Supplier Contact Form: https://www.jaggaer.com/submit-supplier-support-request/

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e14f665d-18dc-46f6-8d4c-1e121e466610
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3003d1ed-e799-455a-9f29-2f5be8e20e53
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Aug 20241 years ago
Submission Deadline
9 Feb 2024Expired
Future Notice Date
Not specified
Award Date
26 Mar 20241 years ago
Contract Period
11 Aug 2024 - 11 Aug 2029 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
POOL REINSURANCE COMPANY LIMITED
Contact Name
Commercial Services
Contact Email
commercialservices@poolre.co.uk
Contact Phone
+442073377170

Buyer Location

Locality
LONDON
Postcode
EC4R 9AF
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
2
Supplier Names

AON SECURITIES

TIGERRISK CAPITAL MARKETS & ADVISORY (UK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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