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TED - Tenders Electronic Daily (Publications Office of the EU) verified 16 hours ago Contract award

Denmark - Insurance services - Contract award notice - DSB SOV, Insurance Procurement, PDBI

Awarded Denmark Financial & insurance services

Buyer DSB SOV

€1.5M awarded value · €1,463,587

Key facts

Published
Estimated value
€1.6M
€1,592,271 · converted from DKK
Procedure
Negotiated procedure
  1. Published
  2. Awarded pending

TED - Tenders Electronic Daily (Publications Office of the EU) does not publish the date of this award. See the official notice

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Awarded to

AIG Europe, dansk filial af AIG Europe S.A., Luxembourg; QBE Danmark, filial af QBE Europe SA/NV, Belgien

Awarded value
€1,463,587 8% under the estimate of €1,592,271
Record with this buyer
1 first contract from this buyer in the register

Description

The procurement is conducted as a negotiated procedure with prior call for competition.The procurement covers Property Damage, Business Interruption, Contingent Business Interruption and Rolling stock insurance.This tender is for the placement of 3 excess layers.Costs incurred by the tenderer in connection with the preparation and submission of a tender for one or more lots are the tenderers to bear and will not be reimbursed. There is anticipated to be one negotiation meeting held via Microsoft Teams. Lot 1, 1.5 Billion DKK excess 1 Billion DKK excess deductibles (from 1 Billion DKK to 2.5 Billion DKK).Class of Insurance: PDBI - please refer to the DSB Submission 2025 document.Lot details: Quota share placement, where tenderers are requested to submit bids according to the enclosed Policy Schedule and Wording.; Lot 2, 1.5 Billion DKK excess 2.5 Billion DKK excess deductibles (from 2.5 Billion DKK to 4 Billion DKK).Class of Insurance: PDBI - please refer to the DSB Submission 2025 document.Lot details: Quota share placement, where tenderers are requested to submit bids according to the enclosed Policy Schedule and Wording.; Lot 3, 1.5 Billion DKK excess 4 Billion DKK excess deductibles (from 4 Billion DKK to 5.5 Billion DKK).Class of Insurance: PDBI - please refer to the DSB Submission 2025 document.Lot details: Quota share placement, where tenderers are requested to submit bids according to the enclosed Policy Schedule and Wording.

Official source

Source: TED - Tenders Electronic Daily (Publications Office of the EU)

Always verify details on the official notice.

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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 16 hours ago

View the official notice

What this buyer has paid before

Based on 9 comparable contracts this buyer awarded in this sector over the last 4 years.

This award
€1.5M
Estimated value
€1.6M
Median award
€725,286
Middle half of past awards
€600,112 to €1.5M

The award sits inside the usual range.

Most recent awards

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

The buyer

Full buyer profile

DSB SOV

Denmark

notices in the register
19
awards
14
awarded in total
€8.8M

One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.

Awards most often to

  1. Vienna Insurance Group Ag Wiener Versicherung Gruppe Danmark, filial af Vienna Insurance Group Ag Wiener Versicherung Gruppe, Østrig 3 awards €1.3M
  2. If Skadeforsikring, filial af If Skadeförsäkring AB; INTACT Insurance 2 awards €2.2M
  3. Riskpoint A/S via Arch Insurance (EU) DAC and Allied World Assurance Company (Europe) dac; Codan Forsikring; Zurich Denmark, Branch of Zurich Insurance Europe AG, Germany; Riskpoint A/S via Arch Insurance (EU) DAC; Riskpoint A/S via Allied World Assurance Company (Europe) dac; Riskpoint A/S via Mark 1 award €1.6M

4 open tenders right now

Market context

open now in Financial & insurance services
3,341
median open notice
€439,596

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