Helen Group Property Insurance

Summary

The tender concerns property insurance for the Helen Group and is divided into two lots: a leader insurer lot and a follower insurer lot for reinsurers. A bidder may submit an offer for one or both lots. The insurance covers all-risks property insurance including machinery breakdown, with a current loss limit of EUR 200 million, and separate construction and installation insurance for small contracts. The initial contract period runs from 1 January to 31 December 2027, with possible one-year option periods for a maximum total duration of three years. Offers will be assessed on the best price-quality ratio, with quality determined by the insurance capacity offered; the combined leader and follower capacity must equal 100%. The submission deadline is 22 September 2026 at 09:00. A follower insurer must be prepared to accept a share of at least 5% and may also need to accept up to the maximum share stated in its offer, taking into account a possible administration fee payable to the leader insurer.