Framework Agreement for D&O Insurance
About This Opportunity
This is a services contract in the finance and banking sector, with a focus on Insurance. Located in Germany, Europe, this opportunity is open to firms and consortiums, with an estimated budget of EUR 1.
Published through DÖE Bekanntmachungsservice (Germany), 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.
Description
Auto-translated from GermanFramework agreement for D&O insurance.
The subject of the contract is D&O insurance with a sum insured of EUR 50 million per claim and for all claims in an insurance period combined. The insurance coverage is tendered on a "net" basis. This means that no commissions or brokerages are to be included in the offer (without insurance tax and commission-free). Landwirtschaftliche Rentenbank aims to award the framework agreement exclusively to insurance companies; brokers are expressly not permitted. A framework agreement for a maximum term of 4 years (= max. 4 insurance periods) is being tendered. After a maximum of 4 years, the contract will be re-tendered EU-wide. The insurance period begins on 01.10.2026, 12:00 noon and ends on 01.10.2027, 12:00 noon. The insurance will be automatically extended by 1 year unless terminated at least three months before the end of the respective insurance period. The details of the service to be provided are set out in the terms and conditions together with the annexes (see Part II). The service offered is tendered in 2 lots (Following Form). The division of the lots is as follows: Lot 1 D&O primary insurance, with a sum insured of EUR 25 million (Insurance, alternatively Co-Insurance). Within the lot, there are the following options to achieve the sum insured: - 100% sum insured - 60% sum insured (Leading) - 40% sum insured (Participating) Lot 2: Excess insurance, with a sum insured of EUR 25 million (Insurance alternatively Co-Insurance) Within the lot, there are the following options to achieve the sum insured: - 100% sum insured - 60% sum insured (Leading) - 40% sum insured (Participating)
Data provenance
This notice is sourced from DÖE Bekanntmachungsservice (Germany) and was originally published on May 20, 2026. Last refreshed today. Original language: German. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Landwirtschaftliche Rentenbank
Landwirtschaftliche Rentenbank has issued 11 procurement notices on BidsFactory, including 1 currently open and 7 awarded contracts. Activity concentrates in Information & Communication Technology, Finance & Banking, and General Supplies & Services. All notices are published for Germany. Notices are distributed via TED - Tenders Electronic Daily (EU) and DÖE Bekanntmachungsservice (Germany). Most recent publication: September 3, 2026.
Frequently asked questions about this tender
What type of contract is this?
This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
What is the estimated budget?
The estimated contract value is Up to €1. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.
Where will the contract be performed?
The contract is for delivery in Germany. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit DÖE Bekanntmachungsservice (Germany) to access the full notice, required documents, and submission instructions provided by the contracting authority.
Is this tender still open?
No — the contract has already been awarded to AIG Europe S.A., Direktion für Deutschland; Beazley Solutions Int. Ltd.; Allianz Global Corporate & Specialty SE. The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by Landwirtschaftliche Rentenbank in Germany. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
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