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United Kingdom - Strategic Advice, Risk Transfer Market Engagement Insurance and Reinsurance Brokerage Service

United KingdomDue Monday, October 26, 2026
Client
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RFP Number
MRB-57813
Posted
10/7/2026
Category
Marketing and Branding
Budget
Looking for Proposal
NAICS
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Set-aside
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Contact
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Description

AI Generated

Start Network requires a qualified broker to provide strategic advice, risk transfer market engagement, and insurance and reinsurance brokerage services for its Start Ready programme. The selected broker will design cost-effective reinsurance solutions, engage markets, provide capital modelling, and support decision-making to protect the humanitarian pooled fund against extreme loss scenarios. Eligible applicants are UK-only, onshore reinsurance brokerage firms with at least five years of experience in reinsurance brokerage and advisory services. Candidates must demonstrate experience structuring catastrophe, parametric, or aggregate risk transfer solutions, as well as working with pooled funds or sovereign risk pools. Bidders must submit their proposals, including cost breakdowns and team profiles, via email by the end of the day on October 26, 2026. The contract term and budget are determined by the submitted proposals, though quoted rates must include all taxes, services, and travel expenses.

Key solicitation details

AI-extracted from 17.pdf. Confirm against the original documents before bidding.

Start Network is seeking qualified insurance and reinsurance brokerage firms to provide reinsurance brokerage and advisory services for its Start Ready programme. The selected broker will advise on risk-transfer strategies, design cost-effective reinsurance solutions, and provide capital modelling and portfolio analytics.

Issued by
Start Network
Deadline for submission
End of day Monday 26th October 2026
Interviews with shortlisted consultants
Week of 9th November
Selection of consultant and contracting
Week of 23rd November
Start of work
Week of 30th November
How to submit
Email
Submission details
Submitted via email with attachments in PDF format and subject line: RFP – Start Ready reinsurance nomination of broker. No hard copies required.
Place of performance
Offsite

Scope of work

  • Advise on appropriate risk transfer strategies and structures for the Start Ready portfolio
  • Support assessment of options against objectives, risk appetite, capital position, and value-for-money
  • Provide recommendations on programme design to improve capital efficiency and resilience
  • Advise on alternative and innovative risk financing approaches
  • Provide analytical support, review, and validate catastrophe modelling assumptions and portfolio risk assessments
  • Engage relevant insurance and reinsurance markets to obtain and negotiate competitive terms
  • Support contracting, implementation, and strictly respect deadlines for the launch of the Start Ready Pool
  • Provide ongoing support throughout the policy period including claims recovery assistance and governance meeting attendance

Minimum qualifications

  • Minimum 5 years experience in reinsurance brokerage and advisory services
  • Demonstrated experience structuring catastrophe, parametric, or aggregate loss reinsurance programmes
  • Proven experience working with pooled funds, sovereign risk pools, development finance institutions, NGOs, or climate risk programmes
  • Strong relationships with international reinsurance markets and capacity providers
  • Access to sophisticated catastrophe modelling and portfolio analytics tools
  • Capability to model climate and disaster-related risks across multiple countries and perils
  • Ability to conduct correlation analysis, scenario testing, probabilistic modelling, and historical back-testing
  • Proposed team including lead broker, catastrophe modelling specialist, climate/disaster risk finance specialist, market engagement specialist, and client servicing contact

Documents to include with the bid

  • Completed Bidder Information template
  • Cost breakdown and pricing proposal

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1 available fileDocuments checked

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