• REQUEST FOR PROPOSALS RFP No: KCIC/2024/171 Provision of Insurance Underwriting Services for KCIC

    Introduction

    The Kenya Climate Innovation Center (KCIC) is a social impact organization operating in the climate space, committed to supporting micro and small enterprises and driven by innovation. KCIC provides incubation, capacity building services and financing to Kenyan entrepreneurs and new ventures that are developing innovative solutions in renewable energy and energy efficiency, water management, agribusiness, waste management, and commercial forestry in a bid to address climate change challenges. Currently, KCIC is executing various programs, including AgriBiz, a five-year initiative backed by the European Union (EU) and DANIDA, GreenBiz Program supported by DANIDA, Productive Use of Solar Energy (PUSE) supported by the Charles Stewart MOTT Foundation, and Sustainable Waste Innovation for a Future in Transition (SWIFT) program supported by the IKEA Foundation.

    Objective

    KCIC is seeking to procure Insurance Services for the following classes of Insurance:

    1. Medical Insurance
    2. Group Life
    3. WIBA Plus (GPA)
    4. Employers Liability
    5. Public Liability
    6. Directors Liability
    7. Motor Vehicle Insurance
    8. All Risks
    9. Fire and Perils
    10. Political Violence and Terrorism
    11. Electronic Equipment
    12. Burglary

    SUBMISSION PROCESS

    The Technical and Financial proposal must be submitted as separate documents in English, in MS Word or PDF format. The Technical and Financial Proposals should be sent electronically to procurement@kenyacic.org, applicable premium in Kenya Shillings and VAT in Kenya. A financial proposal in excel format should be provided detailing the premium per insured and total proposed costs.

    The subject should clearly read “Proposal for KCIC for (class of insurance)” and should reach the mentioned email by Thursday 2nd May 2024 at 5.00pm local time. The proposal must remain valid for 90 days after the submission date. KCIC will do its best to complete negotiations within this period.

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