DEADLINE: 13TH JANUARY, 2023
ASSET MANAGEMENT CORPORATION OF NIGERIA (AMCON)
41 TIGRIS CRESCENT, OFF AGUIYI IRONSI STREET, MAITAMA – ABUJA
EXPRESSION OF INTEREST (EOI) FOR INSURANCE BROKERS AND UNDERWRITERS FOR AMCON 2023 FINANCIAL YEAR

(1.0) INTRODUCTION

Asset Management Corporation of Nigeria (AMCON) was established by the AMCON Act, 2010. In order to insure the Corporation’s assets and also the pledged collaterals of acquired Eligible Bank Assets (EBAs), AMCON requires reputable and competent firms of Insurance Brokers and Underwriters to provide services for the 2023 financial year.

(2.0) REQUIREMENTS

EXPRESSION OF INTEREST FOR ENGAGEMENT AS INSURANCE BROKERS AND UNDERWRITERS ON LIFE AND NON-LIFE INSURANCE POLICIES FOR 2023 FINANCIAL YEAR

S/NBROKERSUNDERWRITERS
1Evidence of Certificate at Incorporation               Evidence of Certificate of Incorporation
2Evidence of certificate of registration to operate or renewal License from NAICOM (CTC required)Evidence of Certificate of registration to operate or renewal License from NAICOM (CTC required)
3Evidence of Professional Indemnity coverEvidence of Reinsurance arrangement for various classes of businesses
4Evidence of Tax Clearance Certificate for the preceding three (3) yearsEvidence of Tax Clearance Certificate for the preceding three (3) years
5Evidence of VAT registrationEvidence of VAT registration
6Evidence of three (3) years Audited Accounts duly stamped and signed by an auditor          Evidence of three (3) years Audited Accounts duly stamped and signed by an auditor
7Evidence of current payment of Annual returns to Corporate Affairs Commission (CAC)Evidence of current payment of Annual returns to Corporate Affairs Commission (CAC)
8Evidence of current membership of the Nigerian Council of Registered Insurance Brokers (NCRIB)Evidence of current membership of the Nigerian Insurers Association (NIA) 
9Evidence of current Industrial Training Fund (ITF) compliance CertificateEvidence of current Industrial Training Fund (ITF) compliance Certificate
10Company Profile including Management and Personnel of the Company Supported with curriculum vitaeCompany Profile including Management and Personnel of the Company Supported with curriculum vitae
11Evidence of registration with Bureau of Public Procurement (BPP)Evidence of registration with Bureau of Public Procurement (BPP)
12Evidence of current Pension CertificateEvidence of current Pension Certificate
13Evidence of registration with Nigeria Social Insurance Trust Fund (NSITF)Evidence of registration with Nigeria Social Insurance Trust Fund (NSITF)
14Evidence of registration with Financial Reporting CouncilEvidence of registration with Financial Reporting Council
15Bank referenceBank reference
16Affidavit affirming that documents and information provided are accurateAffidavit affirming that documents and information provided are accurate

(3.0) SUBMISSION OF DOCUMENTS

The completed documents are to be sealed with wax in an envelope indicating Expression of Interest and addressed to:

The Secretary,
Cost Control and Tenders Committee,
AMCON Head Office,
417,Tigris Crescent,
Maitama, Abuja FCT.

(4.0) CLOSING DATE
The completed Expression of Interest should be submitted to the office of the Secretary, Cost Control and Tenders Committee, Abuja on or before 12 noon of Friday, 13 January 2023.

IMPORTANT INFORMATION
It must be noted that;

(1) Late submissions shall be rejected.

(2) All Submissions should be arranged and numbered in the order listed above.

(3) All costs incurred by any company as a result of this “EXPRESSION OF INTEREST” (EOI) and any subsequent request for information shall be borne by the company.

(4) The “Expression of Interest” and any related process neither creates any commitment by AMCON nor establish any legal relationship.

(5) All information must be provided in English Language

(6) AMCON reserves the right to accept or reject any submission.

For further enquiries, please contact 08072844468, 08035925054 or via the e-mail valuationgroup@amcon.com.ng , internal.control@amcon.com.ng , costcontrolcommittee@amcon.com.ng

SIGNED
MANAGEMENT
ASSET MANAGEMENT CORPORATION OF NIGERIA
Cost Control Committee

costcontrolcommittee@amcon.com.ng