Property insurance services | Tenderlake

Property insurance services

Contract Value:
-
Notice Type:
Contract Notice
Published Date:
10 January 2023
Closing Date:
06 February 2023
Location(s):
DK DANMARK (DK Denmark/DANMARK)
Description:
Property Damage & Business Interruption Insurance for Sund & Bælt Holding A/S and Øresundsbro Konsortiet I/S

Sund & Bælt Holding A/S and Øresundsbro Konsortiet I/S would like to procure property damage & business interruption insurance for their activities.

The program is a master program covering property damage & business interruption. The current program limit is DKK 9.0 BN. Sund & Bælt and Øresundsbro Konsortiet would like to maintain the program limit of DKK 9.0 BN but divided into 5 Layers/Lots.


Primary (2.0 BN DKK)

Sund & Bælt Holding A/S and Øresundsbro Konsortiet I/S would like to procure property damage & business interruption insurance for their activities.

Sund & Bælt Holding A/S is a limited company owned by the Danish Government through the Ministry of Transport, Building and Housing. Sund & Bælt Holding A/S is responsible for the design, construction, operation and maintenance of the Storebælt Bridge. Furthermore Sund & Bælt Holding A/S is responsible for various port facilities and other infrastructure projects ie. Femern Belt Link.

Øresundsbro Konsortiet is owned 50/50 by the Swedish state through Svedab Ab and the Danish State through A/S Øresund. Øresundsbro Konsortiet I/S is responsible for the Oresund Link.

The program is a master program covering property damage & business interruption. The current program limit is DKK 9.0 BN. Sund & Bælt and Øresundsbro Konsortiet would like to maintain the program limit of DKK 9.0 BN but divided into 5 Layers/Lots.

The insurance period is 1st July 2023 to 30th June 2024 with the possibility to renew for up to 4 (four) additional 1-year periods.

Deductibles are:

Option 1: DKK 1,000,000 per occurrence for property damage and DKK 15,000,000 for business interruption or

Option 2: Property damage and business interruption DKK 30,000,000 per occurrence.


1st Excess (2.0 BN DKK xs 2.0 BN DKK)

Sund & Bælt Holding A/S and Øresundsbro Konsortiet I/S would like to procure property damage & business interruption insurance for their activities.

Sund & Bælt Holding A/S is a limited company owned by the Danish Government through the Ministry of Transport, Building and Housing. Sund & Bælt Holding A/S is responsible for the design, construction, operation and maintenance of the Storebælt Bridge. Furthermore Sund & Bælt Holding A/S is responsible for various port facilities and other infrastructure projects ie. Femern Belt Link.

Øresundsbro Konsortiet is owned 50/50 by the Swedish state through Svedab Ab and the Danish State through A/S Øresund. Øresundsbro Konsortiet I/S is responsible for the Oresund Link.

The program is a master program covering property damage & business interruption. The current program limit is DKK 9.0 BN. Sund & Bælt and Øresundsbro Konsortiet would like to maintain the program limit of DKK 9.0 BN but divided into 5 Layers/Lots.

The insurance period is 1st July 2023 to 30th June 2024 with the possibility to renew for up to 4 (four) additional 1-year periods.

Deductibles are:

Option 1: DKK 1,000,000 per occurrence for property damage and DKK 15,000,000 for business interruption or

Option 2: Property damage and business interruption DKK 30,000,000 per occurrence.


2nd Excess (2.0 BN DKK xs 4.0 BN DKK)

Sund & Bælt Holding A/S and Øresundsbro Konsortiet I/S would like to procure property damage & business interruption insurance for their activities.

Sund & Bælt Holding A/S is a limited company owned by the Danish Government through the Ministry of Transport, Building and Housing. Sund & Bælt Holding A/S is responsible for the design, construction, operation and maintenance of the Storebælt Bridge. Furthermore Sund & Bælt Holding A/S is responsible for various port facilities and other infrastructure projects ie. Femern Belt Link.

Øresundsbro Konsortiet is owned 50/50 by the Swedish state through Svedab Ab and the Danish State through A/S Øresund. Øresundsbro Konsortiet I/S is responsible for the Oresund Link.

The program is a master program covering property damage & business interruption. The current program limit is DKK 9.0 BN. Sund & Bælt and Øresundsbro Konsortiet would like to maintain the program limit of DKK 9.0 BN but divided into 5 Layers/Lots.

The insurance period is 1st July 2023 to 30th June 2024 with the possibility to renew for up to 4 (four) additional 1-year periods.

Deductibles are:

Option 1: DKK 1,000,000 per occurrence for property damage and DKK 15,000,000 for business interruption or

Option 2: Property damage and business interruption DKK 30,000,000 per occurrence.


3rd Excess (2.0 BN DKK xs 6.0 BN DKK)

Sund & Bælt Holding A/S and Øresundsbro Konsortiet I/S would like to procure property damage & business interruption insurance for their activities.

Sund & Bælt Holding A/S is a limited company owned by the Danish Government through the Ministry of Transport, Building and Housing. Sund & Bælt Holding A/S is responsible for the design, construction, operation and maintenance of the Storebælt Bridge. Furthermore Sund & Bælt Holding A/S is responsible for various port facilities and other infrastructure projects ie. Femern Belt Link.

Øresundsbro Konsortiet is owned 50/50 by the Swedish state through Svedab Ab and the Danish State through A/S Øresund. Øresundsbro Konsortiet I/S is responsible for the Oresund Link.

The program is a master program covering property damage & business interruption. The current program limit is DKK 9.0 BN. Sund & Bælt and Øresundsbro Konsortiet would like to maintain the program limit of DKK 9.0 BN but divided into 5 Layers/Lots.

The insurance period is 1st July 2023 to 30th June 2024 with the possibility to renew for up to 4 (four) additional 1-year periods.

Deductibles are:

Option 1: DKK 1,000,000 per occurrence for property damage and DKK 15,000,000 for business interruption or

Option 2: Property damage and business interruption DKK 30,000,000 per occurrence.


4th Excess (1.0 BN DKK xs 8.0 BN DKK)

Sund & Bælt Holding A/S and Øresundsbro Konsortiet I/S would like to procure property damage & business interruption insurance for their activities.

Sund & Bælt Holding A/S is a limited company owned by the Danish Government through the Ministry of Transport, Building and Housing. Sund & Bælt Holding A/S is responsible for the design, construction, operation and maintenance of the Storebælt Bridge. Furthermore Sund & Bælt Holding A/S is responsible for various port facilities and other infrastructure projects ie. Femern Belt Link.

Øresundsbro Konsortiet is owned 50/50 by the Swedish state through Svedab Ab and the Danish State through A/S Øresund. Øresundsbro Konsortiet I/S is responsible for the Oresund Link.

The program is a master program covering property damage & business interruption. The current program limit is DKK 9.0 BN. Sund & Bælt and Øresundsbro Konsortiet would like to maintain the program limit of DKK 9.0 BN but divided into 5 Layers/Lots.

The insurance period is 1st July 2023 to 30th June 2024 with the possibility to renew for up to 4 (four) additional 1-year periods.

Deductibles are:

Option 1: DKK 1,000,000 per occurrence for property damage and DKK 15,000,000 for business interruption or

Option 2: Property damage and business interruption DKK 30,000,000 per occurrence.

Download full details as .pdf
The Buyer:
Sund & Bælt Holding A/S and Øresundsbro Konsortiet I/S
CPV Code(s):
66000000 - Financial and insurance services
66510000 - Insurance services
66515200 - Property insurance services