Source: https://tendernation.io/opportunities/01a13cf3-8030-7236-bfe0-60020b95badc/ukef-overseas-investment-insurance-oii-product-development

pending GB open procedure Suitable for SMEs

# UKEF Overseas Investment Insurance (OII) Product Development

[UK Export Finance](https://tendernation.io/buyers/uk-export-finance)

Estimated value

Not stated

Published

10 Dec 2024

Deadline

Rolling deadline

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Buyer says suitable for VCSEs

    The buyer ticked “suitable for voluntary, community and social enterprises” on the notice.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

Overseas Investment Insurance (OII) is UK Export Finance's (UKEF) political risk insurance product. The product is designed to enable UK-based investors to insure their overseas enterprise against losses caused by political risks in the host country, and is only available where insurance cannot be obtained from the private sector. After a period of limited OII enquiries and no new deals underwritten for several years, UKEF is seeking input from a political risk insurance expert to work with UKEF's product development team to refresh OII. This would involve:

â&#128;¢ providing options / recommendations on Policy coverage wording (including explaining the consequences of including/excluding certain coverage)

â&#128;¢ producing written materials (such as guides or checklists) on how to underwrite OII proposals and handle claims

â&#128;¢ producing and giving training to generalist and specialist staff

â&#128;¢ providing any other advice or guidance that would allow staff to underwrite, risk assess, renew, pay claims on and make recoveries on OII Policies

An opportunity to learn more about UKEF's requirements will be held in the next few weeks. If you are interested in supplying this service to UKEF, please email 

## CPV classification

Financial and insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/ce5b96e7-0292-4dff-8c0c-3fa35885eafb)

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