Asset Management Corporation Of Nigeria (AMCON)- Expression Of Interest (EOI) For Insurance Brokers And Underwriters For AMCON 2021 Financial Year

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/N BROKERS UNDERWRITERS 1 Evidence of Certificate of Incorporation Evidence of Certificate of Incorporation 2 Evidence 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) 3 Evidence of Professional Indemnity cover Evidence of Reinsurance arrangement for classes of businesses. 4 Evidence of Tax Clearance Certificate for the preceding three (3) years Evidence of Tax Clearance Certificate for the preceding three (3) years 5 Evidence of VAT registration with TIN Evidence of VAT registration with TIN 6 Evidence 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 7 Evidence of current payment of Annual returns to Corporate Affairs Commission (CAC) Evidence of current payment of Annual returns to Corporate Affairs Commission (CAC) 8 Evidence of current membership of the Nigerian Council of Registered Insurance Brokers (NCRIB) Evidence of current membership of the Nigerian Insurers Association (NIA) 9 Evidence of current Industrial Training Fund (ITF) compliance Certificate expiring 2020 Evidence of current Industrial Training Fund (ITF) compliance Certificate expiring 2020 10 Company Profile including Management and Personnel of the Company Supported with curriculum vitae Company Profile including Management and Personnel of the Company Supported with curriculum vitae 11 Evidence of registration with Bureau of Public Procurement (BPP) Evidence of registration with Bureau of Public Procurement (BPP) 12 Evidence of Pension Certificate expiring 2021 Evidence of Pension Certificate expiring 2021 13 Evidence of registration with Nigeria Social Insurance Trust Fund (NSITF) Evidence of registration with Nigeria Social Insurance Trust Fund (NSITF) 14 Evidence of professional indemnity cover Nil 15 Affidavit affirming that documents and information provided are accurate Affidavit affirming that documents and information provided are accurate 16 Evidence of registration with Financial Reporting Council Evidence 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

Asset Management Corporation Of Nigeria (AMCON)- Expression Of Interest (EOI) For Insurance Brokers And Underwriters For AMCON 2021 Financial Year

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