Call for Applications (AMI) - Recruitment of a Broker to Assist BOAD in the Subscription and Monitoring of Credit Insurance Policies

The West African Development Bank (BOAD) is launching a Call for Applications (AMI) to recruit a specialized broker. The broker's mandate is to assist BOAD in the subscription and ongoing monitoring of credit insurance policies. This service is essential for managing the risks associated with BOAD's lending activities and investments, particularly concerning potential defaults or credit events. The selected broker will be responsible for identifying suitable insurance providers, negotiating policy terms and premiums, advising on coverage adequacy, and managing the claims process if necessary. Furthermore, the broker will provide ongoing support and advice on the credit insurance portfolio, ensuring that policies remain aligned with BOAD's risk management strategy. The objective is to secure comprehensive and cost-effective credit insurance solutions to protect BOAD's financial assets and enhance its capacity to finance development projects. This tender seeks a firm with extensive experience in the credit insurance market and a strong understanding of financial institution needs.