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Provision of a managed Mortgage Protection Insurance (“MPI”) providing death and disability benefits for Local Authority borrowers

Published

Value

6,000,000 EUR

Description

The provision of a managed Mortgage Protection Insurance (“MPI”) providing death and disability benefits for Local Authority borrowers. (i) A fully underwritten Mortgage Protection Insurance scheme for persons who newly avail or have previously availed of house purchase loan finance from Local Authorities (the Main Scheme) and to cover the rental equity portion of Shared Ownership loans (the SO Scheme) and other mortgage elements, and; (ii) Oversight, administration and management of the scheme to include; • Premium collections and management • Claims management • Liaison with Local Authorities on all matters as they relate to operation and administration of the scheme • Regular Reporting Lot 1: The provision of a managed Mortgage Protection Insurance (“MPI”) providing death and disability benefits for Local Authority borrowers. (i) A fully underwritten Mortgage Protection Insurance scheme for persons who newly avail or have previously availed of house purchase loan finance from Local Authorities (the Main Scheme) and to cover the rental equity portion of Shared Ownership loans (the SO Scheme) and other mortgage elements, and; (ii) Oversight, administration and management of the scheme to include; • Premium collections and management • Claims management • Liaison with Local Authorities on all matters as they relate to operation and administration of the scheme • Regular Reporting

Timeline

Publish date

2 years ago

Close date

2 years ago

Buyer information

Local Government Management Agency

Contact:
Karen Gleeson
Email:
kgleeson@lgma.ie

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Notice topics

Financial and insurance servicesInsurance services

Related topics

Reinsurance servicesTreasury servicesEngineering, auxiliary, average, loss, actuarial and salvage insurance servicesInsurance brokerage and agency servicesCredit and surety insurance servicesLiability insurance services

Source

Ted (OJEU)
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