ASSET MANAGEMENT CORPORATION OF NIGERIA (AMCON)
417 TIGRIS CRESCENT AGUIYI IRONSI STREET, MAITAMA – ABUJA
EXPRESSION OF INTEREST (EOI) FOR INSURANCE BROKERS AND UNDERWRITERS FOR AMCON 2021 FINANCIAL YEAR
DEADLINE: 12TH JANUARY, 2021

(1.0)  INTRODUCTION
Asset Management Corporation of Nigeria (AMCON) was established by the AMCON Act, 2010. In order to insure and evaluate pledged collaterals of acquired Eligible Bank Assets (EBAs) and proprietary assets for the purpose of establishing proper records, AMCON requires reputable and competent firms of Insurance Brokers and Underwriters to provide services for the 2020 financial year.

(2.0)  REQUIREMENTS
EXPRESSION OF INTEREST FOR ENGAGEMENT AS INSURANCE BROKERS AND UNDERWRITERS ON GROUP LIFE AND NON-LIFE INSURANCE POLICIES FOR 2021 FINANCIAL YEAR

S/NBROKERSUNDERWRITERS
1Evidence of Certificate of IncorporationEvidence 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 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 registration with TINEvidence of VAT registration with TIN
6Evidence of three (3) years Audited Accounts duly stamped and signed by an auditorEvidence 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 Certificate expiring 2020Evidence of current Industrial Training Fund (ITF) compliance Certificate expiring 2020
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 Pension Certificate expiring 2021Evidence of Pension Certificate expiring 2021
13Evidence of registration with Nigeria Social Insurance Trust Fund (NSITF)Evidence of registration with Nigeria Social Insurance Trust Fund (NSITF)
14Evidence of professional indemnity coverNil
15Affidavit affirming that documents and information provided are accurateAffidavit affirming that documents and information provided are accurate
16Evidence of registration with Financial Reporting CouncilEvidence of registration with Financial Reporting Council

(3.0) SUBMISSION OF DOCUMENTS
The completed scanned documents are to be submitted via the following electronic mail 2021insuranceEOI@amcon.com,ng.

Note: All documents for submission must be scanned and compressed on a single PDF file.

(4.0) CLOSING DATE
The completed Expression of Interest should be submitted to the above e-mail NOT LATER THAN 12 NOON on or before  2 weeks from the date of publication (12th January 2021)

IMPORTANT INFORMATION

It must be noted that;

(1.0) Late submissions shall be rejected.

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

(3.0) 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.

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

(5.0) All information must be provided in English Language.

(6.0) AMCON reserve the right to accept or reject any submission. For further enquiries, please contact 08096247885, 08033226621, 08035925054 or via the e-mail; valuationgroup@amcon.com.ng,   internal.control@amcon.com.ng

SIGNED:
MANAGEMENT

ASSET MANAGEMENT CORPORATION OF NIGERIA