Liability insurance for ICEX officers and staff

Summary

ICEX is procuring one year of liability insurance for its officers, governing-body members and all staff, covering claims connected with the performance of their duties. The maximum indemnity is EUR 6,500,000 per claim and insurance period. The mandatory limit for accounting liability is EUR 3,500,000 and the mandatory cover for Court of Accounts guarantees is EUR 1,500,000; bidders may offer higher limits for these and other covers. Price carries up to 55 points. Additional points are available for improving, among other things, cover for mitigation of claims and circumstances, accounting liability, Court of Accounts guarantees and management errors arising from cyber risk. The tender budget is EUR 52,000, excluding VAT; the annual premium is paid in advance. The contract is expected to run from 1 November 2026 to 31 October 2027. Bidders must submit electronically a price proposal, a signed responsible declaration, a subcontracting declaration and a pro-forma insurance policy detailing the proposed coverage. They must hold the required authorisation for the insurance activity and meet the turnover, experience and information-security requirements. The submission period is 10 calendar days starting the day after the contract notice is published; check the procurement platform for the final date and time. The insurance broker appointed by ICEX will arrange the policy, with its fee paid by the insurer rather than ICEX.