Tender Details

Country: Kenya
Summary: TA for IFC's Kenya SME Insurance Diagnostic (Scoping of Non-Financial SME Service Providers)
KET Ref No: 77605584
Deadline: 30 Jan 2023
Financier: World Bank (WB)
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 1284509
Purchaser's Detail:
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Description:
Expression of Interest are invited for TA for IFC's Kenya SME Insurance Diagnostic (Scoping of Non-Financial SME Service Providers). Publication Date: 19-Jan-2023 Expression of Interest Deadline: 30-Jan-2023 PHASE 1: Market Scoping The Firm will support the IFC diagnostic project by helping to identify categories of non-financial organizations that provide services to MSMEs and which could be suitable insurance distribution partners. The Firm will identify key problems faced by these organizations when dealing with MSMEs and opportunities to embed insurance to address these problems/risks. PHASE 2: Product Development Support The Firm will be expected to support IFC in engaging local insurers to secure products that meet the needs of MSMEs and the respective distribution partners. The support may include but is not limited to providing data to support the product development process, answering clarifying questions concerning demand, providing more details of the customer journey and doing product / market fit analysis on products to determine which product features or price points are most likely to be acceptable. PHASE 3: Support Go-To-Market Once the product has been negotiated with insurers the Firm will be responsible for approaching, pitching, negotiating, and supporting the launch of the product with the distribution partners that were approached in Phase 1 of the project. This will require close collaboration not only with the distribution partner but also with IFC and other IFC consultants as required to ensure that product implementation is optimized in relation to the customer journey and how the product will be operationally supported moving forward.
Documents:

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TA for IFC's Kenya SME Insurance Diagnostic (Scoping of Non-Financial SME Service Providers) - Kenya Tender

The THE WORLD BANK GROUP, a Government sector organization in Kenya, has announced a new tender for TA for IFC's Kenya SME Insurance Diagnostic (Scoping of Non-Financial SME Service Providers). This tender is published on KenyaTenders under KET Ref No: 77605584 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2023-01-30.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.