Reinsurance Broking Services for Catastrophe Placement.
Thandeka Ngozi
In plain English
Reinsurance broking services for catastrophe placement are being procured. Eligible bidders must be tax compliant and provide a valid B-BBEE certificate or sworn affidavit.
Always check the official documentDescription
Sasria SOC Limited invites bids for a three-year contract to provide reinsurance broking services, specifically for catastrophe placement. The successful service provider will manage the structuring and placement of reinsurance, handle contract administration, and provide technical expertise in catastrophe risk modelling and market intelligence. The work will be performed in South Africa, where the provider must maintain an operational office. Key deliverables include negotiating competitive rates, managing reinsurer credit risk, and providing specialized training. The project team must include experts such as an actuary, lead broker, and claims specialist. The tender closes on 24 August 2026 at 12:00 PM.
What you need to qualify
- CSD registration — Registration on the Central Supplier Database — required to do business with government.
- Tax clearance — A valid SARS tax compliance status (PIN) showing your tax affairs are in order.
- B-BBEE certificate — A B-BBEE certificate or sworn affidavit confirming your contribution level.
- Other registration — An industry registration the tender requires (e.g. PSIRA, NHBRC, a professional or trade licence).
Full requirements
- Must hold valid Category 1 Financial Services Provider (FSP) certificate.
- Must maintain Professional Indemnity insurance of at least R50 million.
- Must be registered on the Central Supplier Database with tax compliance.
- Must provide valid B-BBEE verification certificate or sworn affidavit.
- Must provide client reference letters from the past 5 years.
- Must provide CVs for all proposed project team members.
Contact & how to apply
Name: Thandeka Ngozi
Email: Thandekan@sasria.co.za
Phone: 011-214-0800
How to apply: Bidders must register and submit all required schedules via the Sasria e-tender portal at https://procurement.sasria.co.za/ before the closing date. Hand-delivered, emailed, or faxed proposals will not be accepted.
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