Terrorism Insurance Services For Property Damage And Business Interruption
ATHENS INTERNATIONAL AIRPORT S.A.
Administration Building (17)/ Procurement Department
190 19 Spata
Tel : +30-+30 210 35 37 159 Email : Procurement@aia.gr Country : Greece
Prequalification are invited for Terrorism Insurance Services for Property Damage and Business Interruption
Athens International Airport S.A. (hereinafter called AIA ) in compliance
with the Airport Development Agreement (ADA) as ratified by Law
2338/1995 (Government Gazette A’202/14.09.95), and as amended and
ratified by virtue of Law 4594/2019 (Government Gazette
29/19.2.2019), is initiating a tender by inviting Expressions of Interest
from suitably qualified and experienced organizations, in order to award a
Leading Insurer and/ or Following Insurers that will undertake the
Terrorism Insurance Services for Property Damage and Business
Interruption. Underwriting information and the required draft insurance
policies/ scope of cover will be dispatched with the tender documents to
the applicants that will be short-listed for the second phase of the tender.
Short-listed applicants interested in becoming Leading Insurer will have
to submit in the second phase of the tender their quotations
supplemented by the proposed deviations (if any) to the required policies
wording. AIA will select the best proposal based on the established
criteria and negotiate, if necessary, to finalize the terms. That finalized
quotation may then (at AIA’s discretion) be presented to other shortlisted applicants to participate as Following Insurers , so that full
insurance coverage is attained.
Further details will be provided in the tender documents to be provided to
the short-listed applicants.
Documents required under this section should be submitted by all
applicants (in case of a consortium by each individual member).
1. Company profile and organizational structure of applicant(s), link
with parent company and/ or other group of consortium members (if
applicable) and clear indication whether the applicant is interested to
be %Leader% and/ or %Follower%, or only %Follower%. Applicants that
intend to form or participate in a consortium should provide written
evidence and clearly state the share of their participation together
with the tasks and functions to be undertaken by each one of them,
as well as their explicit declaration assuming joint and several liability
towards AIA in the provision of services. Applications will only be
accepted from insurance companies or insurance underwriters in
accordance with section 4.5.
In case that an applicant is connected with any of the shareholders
of AIA, or with any person connected or controlled by AIA, as
defined and within the meaning of the Airport Development
Agreement (ADA, Article 20.3), it should be clearly stated in its
2. Certificate of enrolment with the professional or trade register under
the conditions laid down by the laws of the country in which the
applicant is established. As well as certificate from the competent
supervising authorities i.e Bank of Greece or its equivalent in EU.
3. The identification form at the last page of t
Eligibility Criteria : Additional information: Documents required under the ‘Conditions for Participation’ section
should be submitted by all applicants (in case of a consortium by each
The Expression of Interest statement (cover letter signed by the
representative(s) of each organization) and all requested documents
must be submitted in three (3) copies, one (1) hard copy clearly marked
and initialed as Original and two (2) soft copies (CD) in a sealed
envelope, carrying the indication Expression of Interest for Terrorism
Insurance Services for Property Damage and Business Interruption , to
be sent to: Athens International Airport S.A., Administration Building
(17), Procurement Department, for the attention of Mr. S. Lountzis, GRSpata 190 19.
AIA has appointed Marsh LLC as Insurance Advisor for this Tender.
Applicants seeking clarification, guidance support and/or any other
additional information in relation to this Tender may contact AIA or
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