Provision of Reinsurance Services for the NSW Self Insurance Corporation
Tender ID: 394981
Tender Details
Tender Description
Insurance and Care NSW (icare) protects, insures and cares for the people, businesses and assets of NSW. It provides workers compensation insurance to more than 326,000 employers in NSW and their 3.2 million employees.
The NSW Self Insurance Corporation is a statutory body which was established by the NSW Self Insurance Corporation Act 2004. It operates NSW Government’s managed fund schemes and has the power to enter into service agreements or arrangements in relation to the operation of those schemes.
The largest scheme under Insurance for NSW is the Treasury Managed Fund (TMF) which provides NSW Government Agencies with asset and liability protection. This includes workers compensation protection for their employees.
icare, on behalf of the NSW Self Insurance Corporation (SICorp), is seeking to select one or more Reinsurance Service Providers to provide reinsurance placement, advice and analytics services in the main related to the TMF and CRIF portfolios. The Reinsurance Service Provider(s) must have the capability to implement and deliver upon the Specification of Services.
For more information about icare, please visit www.icare.nsw.gov.au
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