Tenders Are Invited For Insurance Services – Procurement Of Management And Professional Liability Insurance in Hungary

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Insurance Services – Procurement Of Management And Professional Liability Insurance. The Bidder Participating In The Procedure (As Contracting Party/Insured) Wishes To Purchase The Management And Professional Liability Insurance Service Detailed In The Draft Technical Description For A Period Of 12 Months (Planned From 00:00 On May 31, 2026 To 24:00 On May 30, 2027) Within The Framework Of The Public Procurement Procedure. The Purpose Of The Procedure Is To Conclude A Combined Liability Insurance Contract For The Contracting Authority (Professional Liability Insurance And Management Liability Insurance) With A Combined Compensation Limit Of Huf 1,000,000,000/Year. Professional Liability Insurance: The Professional Liability Insurance Required For The Performance Of Its Professional Activities For The Duration Of The Insured Széchenyi Alakop Zrt., Insurance Contract. Start Of Risk Bearing: As Stipulated In The Draft Contract To Be Concluded Expiration Of Risk Bearing: As Stipulated In The Draft Contract To Be Concluded Premium Payment Schedule: Annual Place Of Risk Bearing: Countries Of The World (Taking Into Account The Restrictions Defined In The Insurers General Terms And Conditions) Discovery Period (Post-Coverage): Based On This Extension, The Liability Insurance Cover Covers Damages That Were Caused During The Insurance Period, But Occurrence And Notification To The Insurer No Later Than 60 Days After The Termination Of The Contract. Discovery Period For Retired Directors: 72 Months, Effective From The Date Of End Of Risk Bearing, A Discovery Period Is Provided Exclusively For Claims Against The Companys Named Directors Who Retired After The Date Of Continuity But Before The Date Of Non-Renewal Of This Insurance. Retroactive Effect: The Insurer Is Not Obliged To Pay The Loss Related To Claims Or Claims Resulting From An Illegal Act Committed Before February 7, 2022, Or Their Developments. Continuity Date: 31.05.2022, Except In The Case Of External Company Director Coverage, Where The Date When The Insured Person First Held The Position Of Director Of The External Organization At The Given External Organization. A Folytonossági Dátum Alatt Az A Legkorábbi Időpont Értendő, Amikortól A Biztosítási Fedezetbe Tartozó Kárról Az Első Tudomásszerzés Megtörténhet. Deductible: Requested Deductible (In The Case Of Each Claim, Up To The Following Amount): - Claims Arising From Employment-Related Liability Huf 10,000,000 - Claims From Securities Transactions Huf 10,000,000 - Claims From The Usa Huf 10,000,000 - Claims Against Managers Delegated To An External Company Eur 0 - Professional Claims Arising From Services Huf 10,000,000 - All Other Claims Huf 10,000,000 Management Liability Insurance: Under The Insurance Contract, The Contractor Széchenyi Alapok Zrt., During The Term Of The Insurance Contract, With The Operation Of The Bidder Necessary For Its Activities According To The Company Register, D&O Senior Officials And Members Of The Supervisory Board

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