Self-insuring for WGA

The Contracting Authority is currently self-insured for the Work and Income (Reintegration) Act (WGA). The Contracting Authority wishes to enter into a WGA self-insuring insurance policy effective January 1, 2026. This policy aims to cover all attributable costs associated with being a WGA self-insurer. In addition to the basic coverage, the residual risk (uitlooprisico) must also be covered. The Contracting Authority is already self-insured for the Sickness Benefits Act (Ziektewet) and intends to remain so for the entire duration of the new WGA insurance policy. This tender seeks a comprehensive insurance solution to manage the financial liabilities arising from the WGA self-insuring status. The selected provider will be responsible for underwriting and managing the insurance policy, ensuring that all claims and associated costs related to WGA benefits are adequately covered. Key considerations for bidders will include the scope of coverage, particularly concerning the residual risk, and the financial stability and expertise of the insurance provider. The Contracting Authority expects a robust proposal that demonstrates a clear understanding of WGA legislation and its implications for self-insurers. Further details and specific requirements can be found in the tender guidelines (aanbestedingsleidraad).

This is a services contract in the finance and banking sector, with a focus on Financial Regulation. Located in Netherlands, Europe, this opportunity is open to firms and consortiums, with an estimated budget of EUR 2.2 million.

Published through TED - Tenders Electronic Daily (EU), a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.