---
title: "UKEF Overseas Investment Insurance (OII) Product Development"
ocid: "ocds-b5fd17-ce5b96e7-0292-4dff-8c0c-3fa35885eafb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ce5b96e7-0292-4dff-8c0c-3fa35885eafb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ce5b96e7-0292-4dff-8c0c-3fa35885eafb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ce5b96e7-0292-4dff-8c0c-3fa35885eafb.json"
source: "Contracts Finder"
current_stage: "Planning"
buyer: "UK EXPORT FINANCE"
published: "2024-12-10"
---

# UKEF Overseas Investment Insurance (OII) Product Development

Buyer: UK EXPORT FINANCE  
Current stage: Planning  
OCID: ocds-b5fd17-ce5b96e7-0292-4dff-8c0c-3fa35885eafb

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-ce5b96e7-0292-4dff-8c0c-3fa35885eafb.json)

## Summary

UK Export Finance (UKEF) is in the planning stage for the development of its Overseas Investment Insurance (OII) Product. The procurement process is focused on financial and insurance services and is occurring within the United Kingdom. The key date to note is the engagement end date on 17th December 2024. The development is part of a tender process, and the early engagement notice was published on 10th December 2024. UKEF seeks expertise in political risk insurance to collaborate with its product development team to update and enhance the OII product.

This tender presents a significant opportunity for businesses with expertise in political risk insurance to expand their portfolio and engage with a prominent government buyer. Companies that specialize in financial and insurance services, particularly those with experience in underwriting and risk assessment, would be well-suited to compete. Additionally, the tender is suitable for small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs), making it an inclusive opportunity for a diverse range of businesses looking to grow their involvement in the public sector.

## Notice

Overseas Investment Insurance (OII) is UK Export Finance's (UKEF) political risk insurance product. The product is designed to enable UK-based investors to insure their overseas enterprise against losses caused by political risks in the host country, and is only available where insurance cannot be obtained from the private sector. After a period of limited OII enquiries and no new deals underwritten for several years, UKEF is seeking input from a political risk insurance expert to work with UKEF's product development team to refresh OII. This would involve: * providing options / recommendations on Policy coverage wording (including explaining the consequences of including/excluding certain coverage) * producing written materials (such as guides or checklists) on how to underwrite OII proposals and handle claims * producing and giving training to generalist and specialist staff * providing any other advice or guidance that would allow staff to underwrite, risk assess, renew, pay claims on and make recoveries on OII Policies An opportunity to learn more about UKEF's requirements will be held in the next few weeks. If you are interested in supplying this service to UKEF, please email Commercial@ukexportfinance.gov.uk

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/5b8bf713-0c5f-46c2-9735-6bdc7ee5dc4a |
| Notice type | Market Engagement Notice |
| Procurement type | Standard |
| Procurement category | Not specified |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | SME, VCSE |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Dec 2024 |
| Submission deadline | Not specified |
| Future notice date | 17 Dec 2024 |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Planning |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UK EXPORT FINANCE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2HQ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 10 Dec 2024 at 13:03 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/5b8bf713-0c5f-46c2-9735-6bdc7ee5dc4a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/5b8bf713-0c5f-46c2-9735-6bdc7ee5dc4a
  10th December 2024 - Early engagement notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-ce5b96e7-0292-4dff-8c0c-3fa35885eafb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ce5b96e7-0292-4dff-8c0c-3fa35885eafb.json.