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Engagement of Insurance Companies for Offering Insurance Solutions to PPCBL Customers

Active Tender
Closing Date:
2026-11-11

Tender Document

Tender Document

Tender Description

The Punjab Provincial Cooperative Bank Limited (PPCBL) invites reputable insurance companies to engage and provide a wide range of insurance products and services to PPCBL customers. Insurance companies are requested to propose all insurance solutions and services they can offer to PPCBL's customer base, subject to regulatory approvals and applicable laws. Interested insurance companies may express their interest by submitting a request to the provided email address. Upon receipt, PPCBL will share further details with the insurance company. Eligible insurance companies must submit separate sealed Technical and Financial Proposals by the deadline of 11 November 2026 at 03:00 p.m. at the specified address. Proposals received after the deadline will not be considered. The proposals must include: - A complete profile of the insurance company - Proof of experience of at least 5 years providing such services to public interest organizations - Registration with SECP and a minimum rating of AA+ as per a reputable rating agency in Pakistan - Portfolio of clients - Details of insurance company presence/outreach and experience working in different regions of Pakistan PPCBL reserves the right to accept or reject any or all proposals in whole or in part without assigning any reason, in accordance with applicable procurement rules and regulations. All bids will be opened at 3:30 pm on 11th November 2026. Bids must be submitted in sealed envelopes titled 'PPCBL INSURANCE SERVICES PROPOSAL' addressed to Head Products, The Punjab Provincial Cooperative Bank Limited, 5 Bank Square, The Mall Road, Lahore. One practical tip for bidders is to ensure their SECP registration and AA+ rating documentation is current and clearly presented, as this is a critical eligibility criterion.
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