Operational insurances: Director’s and Officer’s Liability Insurance

Traffic Management Company Fintraffic Ltd is procuring operational insurances provider for the Director’s and Officer’s Liability Insurance coverage for the Group (30 MEUR). The procurement is divided into 5 lots, and tenders may concern one or more lots. 1. Primary insurance layer: EUR 5.000.000 per occurrence and in the annual aggregate 2. 1st excess layer EUR 5.000.000 in excess of primary layer 3. 2nd excess layer EUR 10.000.000 in excess of 1st xs layer 4. 3rd excess layer EUR 5.000.000 in excess of 2nd xs layer 5. 4th excess layer EUR 5.000.000 in excess of 3rd xs layer Contracting entities include Traffic Management Company Fintraffic Ltd and its subsidiaries Fintraffic Air Navigation Services Ltd, Fintraffic Road Ltd, Fintraffic Railway Ltd and Fintraffic Vessel Traffic Services Ltd. Additional details concerning the scope and terms of the insurance coverage are included in the Annexes of this call for tenders. The contracting entities require that the insurance coverage is tendered in accordance with the terms and conditions which have been prepared by the contracting entities. Tenderers must verify in their tenders that insurance terms provided by the contracting entities take priority in relation to the tenderer's own insurance terms.

The interested tenderer must be authorised by the Finnish Financial supervisory authority to conduct insurance activities in relevant insurance classes regarding this call for tenders. The authorisation must be valid within the European Economic Area. Additional information of risks will be provided to authorised tenderers. Additional information should be requested by authorised tenderer. The request must be sent to the following email address: vakuutusmeklari@howdenfinland.fi Document of the authorisation may be requested if necessary. Separate non-disclosure agreement may be requested, if the documents and/or information do not provide the contracting entity with sufficient guarantee that the tenderer is required to follow strict confidentiality obligations in accordance with laws, regarding any information it may be provided by possible clients when conducting its insurance business.