Swan Hill Rural City Council is seeking Tenders from suitably qualified and licenced Service Providers to provide insurance broking and risk management services.

As part of its service delivery role, Council carries a range of risks across its significant assets and operations. Council has developed and implemented a Risk Management Framework (Framework) that is aligned to the Risk Management Standard ISO 31000:2018. Under the Framework Council identifies and mitigates its risks, and where appropriate, purchases insurance as a form of risk transfer against a range of unforeseen losses.

Council’s use of insurance is considered in the context of the nature of the risk; the availability of alternative risk management and risk mitigation strategies; the financial consequences of choosing not to insure; and the level of loss that Council can bear.

The Contract shall be for a period of two (2) years with the provision for one extension option of one (1) year, at the absolute discretion of Council.

Background information / Compatibility requirements

The scope of the Agreement includes but is not limited to:

• Advise and assist Council in the management of its insurable risks and procuring insurance that represents value for money;

• Presentation of Council’s renewal information, underwriting data and risk management program to insurers;

• Provide Council updates on current insurance market conditions;

• Claims handling and negotiate with underwriters on all losses;

• Ongoing review of Council’s insurance program, including coverage and claims analysis as well as providing recommendations for improvement.