International general statement of agri-insurance products
Market assessment focused on Kenya and Tanzania with current products available, regulatory framework
Needs assessment from farmers in Kenya and Tanzania
An analysis of current products in place at VF, including Ardis product
A general recommendation on the options to choose by VFI regarding the implementation of agri insurance products and the improvement of Ardis product with example of premiums & process and conditions required to make the projects successful.
Implications/possibility of offering the recommended product(s) to other microfinance institutions outside of our own network of MFIs and other organizations such as NGOs on a stand-alone basis
A proposed step-by-step action plan on the recommended option
Submission Requirements

A. Cover page

Include the name of your organisation, address, and contact information.
Include the name, title, and contact information for an authorising official.
B. Table of Contents

C. Company Information and Past Experience

Provide a brief summary of your firm and its culture and a description of key staff proposed to be assigned to VFI’s account (brochures and marketing materials may be included as an appendix, but should not take the place of a brief written response). Include an organisational chart and reporting lines (if applicable).
Include a description of your experience and expertise serving clients
Indicate the primary physical location from which you will be providing your services.
D. Services Description

What is included in your core consulting services?
Are other services available? If so, please provide an overview.
E. The business analysis plan

Responding to at least all the points listed above, adjusted if needed
F. Fee Proposal

Provide the fee-for-services details
Specify which services are included in this compensation and which services would require additional fees.
H. Sample Materials

Include sample materials that are representative of the support you provide your clients.
2. Proposal Evaluation

VFI is committed to a transparent process of award and selection of a reinsurance broker with the intention to secure the best possible solution(s) for VFI’s ongoing needs while ensuring an optimal financial and operational outcome and the best value to our funders.

An evaluation team will review, in detail, all proposals received to determine the best value. Following the initial review and screening of the written proposals, using the selection criteria described below, bidder(s) will be invited to participate in the final selection process, which may include participation in an oral interview and/or submission of any additional written information as requested by VFI.

The following evaluation criteria will be utilised to evaluate the proposals by an internal evaluation team from VFI to determine the best value. A bidder can receive a maximum of 100pts: