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TED - Tenders Electronic Daily (Publications Office of the EU) verified 1 week ago Contract award

Κύπρος - Χρηματοπιστωτικές και ασφαλιστικές υπηρεσίες - Διαγωνισμός αρ. 10/2025: Παροχή Υπηρεσιών για την ασφαλιστική κάλυψη της Αρχής (ασφαλίσεις Γενικού Κλάδου και Θαλάσσιων Κινδύνων)

Awarded Cyprus Kýpros Financial & insurance services

Buyer Αρχή Λιμένων Κύπρου

€3.7M awarded value · €3,739,793

Key facts

Awarded
Estimated value
€3.9M
€3,879,000
Buyer
Utility
Procedure
Negotiated procedure
  1. Awarded
  2. Published
View the official notice Watch this tender

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Awarded to

Atlantic Insurance Company Public Ltd; TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD; ORPHANIDES AND MURAT INSUARANCE AND SUB AGENTS LTD; AIG EUROPE S.A.

Awarded value
€3,739,793 4% under the estimate of €3,879,000
Award date
Record with this buyer
1 first contract from this buyer in the register

Description

Κατηγορίες Ασφαλίσεων / Τμήματα Σύμβασης: Ι - ΑΣΦΑΛΙΣΕΙΣ ΠΕΡΙΟΥΣΙΑΚΩΝ ΣΤΟΙΧΕΙΩΝ: (1) Ασφάλιση Περιουσίας Κατά Παντός Κινδύνου (All Risks) - εκτός από κίνδυνο Τρομοκρατίας (Terrorism) (2) Ασφάλιση Ηλεκτρονικού Εξοπλισμού ΙΙ - ΑΣΦΑΛΙΣΕΙΣ ΘΑΛΑΣΣΙΩΝ ΚΙΝΔΥΝΩΝ: (3) Ασφάλιση Κύτους και Μηχανημάτων Πλωτών και Σκαφών (Hull and Machinery) (4) Ασφάλιση Πλωτών και Σκαφών - Κίνδυνος προστασίας και αποζημίωσης (Protection and Indemnity) ΙΙΙ - ΑΣΦΑΛΙΣΕΙΣ ΕΥΘΥΝΗΣ: (5) Ασφάλιση Αστικής Ευθύνης, (6) Ασφάλιση Ευθύνης Εργοδότη ΙV - ΑΣΦΑΛΙΣΗ ΧΡΗΜΑΤΩΝ: (7) Ασφάλιση Χρημάτων V - ΑΣΦΑΛΙΣΕΙΣ ΠΡΟΣΩΠΙΚΟΥ: (8) Ομαδική Ασφάλιση Προσωπικών Ατυχημάτων VΙ - ΑΛΛΕΣ ΑΣΦΑΛΙΣΕΙΣ: (1) Ασφάλιση έναντι κινδύνων τρομοκρατικών ενεργειών (Terrorism) (2) Ασφάλιση Ευθύνης Συμβούλων και Αξιωματούχων (D and O), περιλαμβανομένης κάλυψης Ευθύνης Εργοδοτικών Πρακτικών (3) Ασφάλιση έναντι των συνεπειών των ηλεκτρονικών και διαδικτυακών κινδύνων (Cyber Liability) (4) Ασφάλιση Εγγύησης Πίστης (Fidelity Guarantee)

Official source

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

Always verify details on the official notice.

Report an error in this notice

Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 1 week ago

What this buyer has paid before

Based on 3 comparable contracts this buyer awarded in this sector over the last 4 years.

This award
€3.7M
Estimated value
€3.9M
Median award
€833,389
Middle half of past awards
€424,190 to €2.3M

The award is larger than three in four past awards.

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.

Αρχή Λιμένων Κύπρου

Utility Cyprus

notices in the register
540
awards
540
awarded in total
€61.8M

Who wins its contracts

Many suppliers
different companies won its awards
100
of the awards went to the three most frequent winners
13%
winners of the last 12 months were new here
5 of 14

Based on 145 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners. New: no award from the same buyer or market in the two years before.

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. ΟΙΚΟΝΟΜΙΚΟΣ ΦΟΡΕΑΣ 44 awards €1.2M
  2. N J MULTI CONSTRUCTION CO LTD 14 awards €1.7M
  3. SEMESCO CO. LTD 11 awards €1.0M

Market context

open now in Financial & insurance services
2,220
median open notice
€485,500

Who wins in this market

Moderately concentrated

Cyprus · Financial & insurance services

different companies won awards here
52
of the awards went to the three most frequent winners
36%
winners of the last 12 months were new here
14 of 25
buyers awarded contracts here
53

Based on 173 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners. New: no award from the same buyer or market in the two years before.

Competition

tenders per lot on average (open and restricted procedures)
2.6
of those lots received a single tender
29%

As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.

Similar tenders

Open now

Awarded before

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