The scope of the contract will be the acceptance of an insurance package, covering the risks of the Norther Project during three years for operations.
The scope of the contract will be the acceptance of an insurance package, covering the risks of the Norther Project during three years for operations.
The applicable coverage will apply to an All Risks (including Property-, Machinery Damage and Business Interruption) and TPL insurance.
The contract will be split in 4 separate parcels:
Parcel 1: leading insurer All Risk;
Parcel 2: following insurer All Risk;
Parcel 3: leading insurer TPL;
Parcel 4: following insurer TPL.
The Leading insurer will be the insurer who agreed to obtain for a leading share in the applicable insurance. The minimum participation of the Leading insurer will be 25 % and all offered capacity is net and treaty line capacity only.
The Following insurer will be the insurer who agreed to obtain for a ‘to follow share’ in the applicable combined insurance.
The participation to parcels, and thus the position of Leading/Following insurer, is determined by what was marked by the selected Candidates in Appendix 1 of the request to participate. The Employer emphasizes that, while it is allowed participate and make an offer for all the parcels (if the Candidate was selected for parcels), it will not be possible to become both Leading and Following insurer (the appointment as Leading insurer will imply automatic exclusion to be appointed as Following insurer).
The scope of the contract will be the acceptance of an insurance package, covering the risks of the Norther Project during three years for operations.
The applicable coverage will apply to an all risks (including property-, machinery damage and business interruption) and TPL insurance.
The contract will be split in 4 separate parcels:
Parcel 1: leading insurer All Risk;
Parcel 2: following insurer All Risk;
Parcel 3: leading insurer TPL;
Parcel 4: following insurer TPL.
The Leading insurer will be the insurer who agreed to obtain for a leading share in the applicable insurance. The minimum participation of the Leading insurer will be 25 % and all offered capacity is net and treaty line capacity only.
The Following insurer will be the insurer who agreed to obtain for a ‘to follow share’ in the applicable combined insurance.
The participation to parcels, and thus the position of Leading/Following insurer, is determined by what was marked by the selected Candidates in Appendix 1 of the request to participate. The Employer emphasizes that, while it is allowed participate and make an offer for all the parcels (if the Candidate was selected for parcels), it will not be possible to become both Leading and Following insurer (the appointment as Leading insurer will imply automatic exclusion to be appointed as Following insurer).
The scope of the contract will be the acceptance of an insurance package, covering the risks of the Norther Project during three years for operations.
The applicable coverage will apply to an All Risks (including Property-, Machinery Damage and Business Interruption) and TPL insurance.
The contract will be split in 4 separate parcels:
Parcel 1: leading insurer All Risk;
Parcel 2: following insurer All Risk;
Parcel 3: leading insurer TPL;
Parcel 4: following insurer TPL.
The Leading insurer will be the insurer who agreed to obtain for a leading share in the applicable insurance. The minimum participation of the Leading insurer will be 25 % and all offered capacity is net and treaty line capacity only.
The Following insurer will be the insurer who agreed to obtain for a ‘to follow share’ in the applicable combined insurance.
The participation to parcels, and thus the position of Leading/Following insurer, is determined by what was marked by the selected Candidates in Appendix 1 of the request to participate. The Employer emphasizes that, while it is allowed participate and make an offer for all the parcels (if the Candidate was selected for parcels), it will not be possible to become both Leading and Following insurer (the appointment as Leading insurer will imply automatic exclusion to be appointed as Following insurer).
The scope of the contract will be the acceptance of an insurance package, covering the risks of the Norther Project during three years for operations.
The applicable coverage will apply to an All Risks (including Property-, Machinery Damage and Business Interruption) and TPL insurance.
The contract will be split in 4 separate parcels:
Parcel 1: leading insurer All Risk;
Parcel 2: following insurer All Risk;
Parcel 3: leading insurer TPL;
Parcel 4: following insurer TPL.
The Leading insurer will be the insurer who agreed to obtain for a leading share in the applicable insurance. The minimum participation of the leading insurer will be 25 % and all offered capacity is net and treaty line capacity only.
The Following insurer will be the insurer who agreed to obtain for a ‘to follow share’ in the applicable combined insurance.
The participation to parcels, and thus the position of leading/following insurer, is determined by what was marked by the selected Candidates in Appendix 1 of the request to participate. The employer emphasizes that, while it is allowed participate and make an offer for all the parcels (if the Candidate was selected for parcels), it will not be possible to become both leading and following insurer (the appointment as Leading insurer will imply automatic exclusion to be appointed as Following insurer).