{"bekendtgoerelseNoegle":{"noticeId":{"value":"f43747ae-a55b-48dd-85d3-f0cba599e550"},"noticeVersion":{"value":"01"},"noticePublicationNumber":{"value":"00797480-2025"}},"htmlDA":"\n\n \n 1 Køber1.1 KøberOfficielt navn: Finansiel Stabilitet\n Køberens retlige status: Offentligretligt organ\n Den ordregivende myndigheds aktivitet: Økonomiske anliggender\n \n \n 2 Procedure2.1 ProcedureTitel: Tender for contract on directors and officers' liability insurance policy - primary\n layer\n Beskrivelse: This tender concerns a contract on directors and officers’ liability insurance (“D&O\n insurance”) covering a primary layer with worldwide coverage, with a minimum limit\n of liability of EUR 10,000,000 for each and every claim and in the annual aggregate.\n Identifikator for proceduren: 42442b7d-5c3a-47db-9acc-b18a693cf1fc\n Tidligere bekendtgørelse: 4a0827fb-4eeb-4251-9e6c-d71fac325b5f-01\n \n Udbudsprocedure: Offentligt udbud\n Proceduren er en hasteprocedure: nej\n Hovedpunkterne i proceduren: This tender concerns a contract on D&O insurance covering a primary layer with worldwide\n coverage, with a minimum limit of liability of EUR 10,000,000 for each and every claim\n and in the annual aggregate. The policy period is from 1 March 2026 to 28 February\n 2027, both days included.
FS is planning to take out D&O insurance with\n an overall limit of liability up to EUR 90,000,000 for the period of 1 March 2026\n to 28 February 2027, both days included. The D&O insurance will consist of a primary\n layer and up to 16 excess layers. The contract subject to this tender procedure is\n for the primary layer only. The excess layer contracts are subject to a separate tender\n procedure. A contract notice for the excess layer tender is expected to be published\n in November 2025.
Overall, it is the intention to obtain quotes for the following\n layers:
- 16. excess MEUR xs 85
- 15. excess MEUR 5 xs 80
- 14. excess\n MEUR 5 xs 75
- 13. excess MEUR 5 xs 70
- 12. excess MEUR 5 xs 65
- 11.\n excess MEUR 5 xs 60
- 10. excess MEUR 5 xs 55
- 9. excess MEUR 5 xs 50
-\n 8. excess MEUR 5 xs 45
- 7. excess MEUR 5 xs 40
- 6. excess MEUR 5 xs 35
-\n 5. excess MEUR 5 xs 30
- 4. excess MEUR 5 xs 25
- 3. excess MEUR 5 xs 20
-\n 2. excess MEUR 5 xs 15
- 1. excess MEUR 5 xs 10
- Primary layer MEUR 10\n (15 or 20)
It is a condition for participation in the tender procedure that\n the tenderer is not subject to any of the mandatory grounds for exclusion set out\n in Sections 134a, 135 and 136 of the Danish Public Procurement Act, see further below.\n As preliminary evidence thereof, the tenderer must submit a completed ESPD, see further\n details below regarding documentation. With regard to Section 134a of the Danish Public\n Procurement Act, it should be noted that participation is conditional upon the tenderer\n not being established in a country that is included on the EU list of non-cooperative\n tax jurisdictions, and which has not acceded to the WTO's Government Procurement Agreement\n or other trade agreements obligating Denmark to open the public procurement market\n to tenderers from the relevant country. In part III.D of the ESPD, the tenderer must\n indicate whether it is subject to the exclusion ground set out in Section 134a.
The\n tenderer may be an agent acting for an insurance company implying that the insurance\n company will eventually be party to the contract with FS and thus the final issuer\n of the insurance policy. In such case, it is the insurance company on whose behalf\n the offer is submitted that must complete the ESPD. The agent shall not complete an\n ESPD.
The tenderer may be an association of undertakings, e.g. a consortium.\n In such case, each undertaking within the association must complete separate ESPD's\n providing information on the grounds for exclusions, which must be submitted as part\n of the offer.\n 2.1.1 FormålKontraktens hovedformål: Tjenesteydelser\n Primær klassifikation (cpv): 66515410 Forsikring mod økonomisk tab\n \n 2.1.2 UdførelsesstedPostadresse: Sankt Annæ Plads 13, 2. tv \n \n \n Landsdel (NUTS): Byen København (DK011)\n \n \n 2.1.3 VærdiAnslået værdi eksklusiv moms: 0 Dansk krone\n \n 2.1.4 Generelle oplysningerIndkaldelse af tilbud er afsluttet\n Yderligere oplysninger: Documentation: Prior to the award decision, the tenderer with whom FS intends to enter\n into the contract must provide FS with documentation for the information in the ESPD.\n
Documentation regarding exclusion grounds: As documentation that neither\n the company nor any member of the management has been caught by the exclusion grounds\n in Section 135 of the Public Procurement Act within the last four years, an extract\n from the relevant register or similar document issued by a competent legal or administrative\n authority showing that neither the company nor any member of the management has been\n caught must be submitted.
For Danish tenderers, the documentation can be\n in the form of a service certificate requested from the Danish Business Authority\n at the Authority's website https://virk.dk/myndigheder/stat/ERST/selvbetjening/Anmod_om_serviceattest/.\n The certificate must not be dated earlier than 12 months before the expiry of the\n offer submission deadline.
The service certificate may function as documentation\n for both the company and the members of the management (both its Danish and non-Danish\n members). In connection with the request for the service certificate, the tenderer’s\n management members will be asked to submit a consent declaration to the Danish Business\n Authority regarding the collection of criminal records for the individual, as well\n as a solemn declaration that the individual has not been convicted or accepted a fine\n for a number of specified matters. If all management members do this, no separate\n documentation needs to be submitted.
If a management member does not submit a\n consent declaration or a solemn declaration, the service certificate will be issued\n with a remark, and separate documentation must be submitted to show that the individual\n is not subject to any grounds for exclusion. As a general rule, a copy of the individual’s\n criminal record or an equivalent certificate issued by a competent national authority\n in the country where the individual is a citizen must be submitted.
If the\n tenderer is not domiciled in Denmark, the tenderer must follow the procedure set out\n in Section 153 of the Danish Public Procurement Act. This means that the documentation\n may consist of extracts from the relevant register, a certificate, or an equivalent\n document issued by a competent judicial or administrative authority. For tenderers\n domiciled in an EU or EEA country, e-Certis includes an overview of the relevant documentation\n in the tenderer’s specific country. The EU/EEA-tenderer must provide the documentation\n listed in e-Certis, see more here: https://ec.europa.eu/tools/ecertis/#/search.
If\n the country in which the tenderer is domiciled does not issue such certificates or\n documents, or if these do not cover all exclusion grounds mentioned in Section 135\n of the Danish Public Procurement Act, they can be replaced by a declaration under\n oath. If declaration under oath is not a possibility in the country in question, a\n solemn declaration made before either a competent judicial or administrative authority,\n a notary, or a competent professional organisation can be given instead in accordance\n with Section 153 (2) of the Danish Public Pro-curement Act.
It is noted\n that FS will accept documentation that is valid under the national law of the country\n in which it is issued, including with respect to the period of validity. If a period\n of validity is not determined by national law, FS will accept documentation that has\n been issued up to 12 months before the offer submission deadline.
Documentation\n for selection criteria: As documentation that the tenderer has a credit rating of\n at least A- (Standard & Poor's) or equivalent, the tenderer shall provide either an\n extract from the relevant register or a link to the website where information about\n the tenderer's credit rating may be found.
If the tenderer is a consortium,\n documentation regarding financial capacity must be submitted for each participant\n in the consortium.
Documentation regarding consortiums: If the tenderer is\n a consortium of companies and the consortium is awarded the contract, a signed consortium\n declaration must be submitted, in which the companies in the consortium declare that\n they are jointly and severally liable to FS for the performance of the contract. FS\n has prepared a template which the tenderer is encouraged to use (Annex 6).
Declaration\n of ownership: As documentation that the tenderer is not a Russian company or a Russian-controlled\n company, and does not use Russian or Russian-controlled support entities or subcontractors,\n the tenderer must submit a completed and signed version of the attached solemn declaration,\n cf. Appendix 5 of the tender documents.\n \n \n \n \n \n 5 Delkontrakt5.1 Teknisk ID for delkontrakten: LOT-0000Titel: Tender for contract on directors and officers' liability insurance policy - primary\n layer\n Beskrivelse: This tender concerns a contract on directors and officers’ liability insurance (“D&O\n insurance”) covering a primary layer with worldwide coverage, with a minimum limit\n of liability of EUR 10,000,000 for each and every claim and in the annual aggregate.\n \n 5.1.1 FormålKontraktens hovedformål: Tjenesteydelser\n Primær klassifikation (cpv): 66515410 Forsikring mod økonomisk tab\n Valgmuligheder:Beskrivelse af optioner: The tenderer has the option to offer the following:
- An insurance policy for\n FS and FS subsidiaries with worldwide coverage and with a limit of liability of either\n EUR 15,000,000 or EUR 20,000,000 (primary layer).
- Renewal of the policy period\n for up to 2 additional periods of 12 months each, following expiry of the initial\n period (for a total maximum duration of 36 months). Tenderers are encouraged to state\n a date prior to the expiry of the policy period on which a new policy can be issued,\n should FS decide to exercise such option.
- A renewal of the expiring cover for\n acts and omissions made by the directors and officers of Roskilde Bank and its subsidiaries\n from 1 September 2008, even though this former subsidiary was acquired on 10 August\n 2009. As stated above, 1 September 2008 is the date of first inception for the individual\n policy for Roskilde Bank. For this policy, there has been a one year run off cover\n which expired on 31 December 2010.
It is voluntary for the tenderer whether\n to include an offer for one or more of these options. However, it is highly encouraged\n that the tenderer includes an offer for these options, and it will have a positive\n impact in the evaluation of the offer. It is underlined that if the tenderer decides\n to include an offer for one or more of the options, the tenderer will be bound by\n the offer, if FS decides to exercise the option.\n \n \n 5.1.2 UdførelsesstedPostadresse: Sankt Annæ Plads 13, 2. tv \n \n \n Landsdel (NUTS): Byen København (DK011)\n \n \n \n 5.1.3 Anslået varighed\n Varigheds slutdato: 28-02-2027\n \n 5.1.4 FornyelseHøjeste antal fornyelser: 2\n Yderligere oplysninger om fornyelser: The tenderer has the option to offer a renewal of the policy for up to 2 additional\n periods of 12 months each, following expiry of the initial policy period (for a total\n maximum duration of 36 months). Tenderers are encouraged to state a date prior to\n the expiry of the policy period on which a new policy can be issued, should Finansiel\n Stabilitet (\"FS\") decide to exercise such option.\n \n 5.1.5 VærdiAnslået værdi eksklusiv moms: 0 Dansk krone\n \n 5.1.6 Generelle oplysningerIndkøbsprojekt, der ikke finansieres med EU-midler\n Udbuddet er omfattet af aftalen om offentlige udbud (GPA): ja\n Yderligere oplysninger: Documentation: Prior to the award decision, the tenderer with whom FS intends to enter\n into the contract must provide FS with documentation for the information in the ESPD.\n
Documentation regarding exclusion grounds: As documentation that neither\n the company nor any member of the management has been caught by the exclusion grounds\n in Section 135 of the Public Procurement Act within the last four years, an extract\n from the relevant register or similar document issued by a competent legal or administrative\n authority showing that neither the company nor any member of the management has been\n caught must be submitted.
For Danish tenderers, the documentation can be\n in the form of a service certificate requested from the Danish Business Authority\n at the Authority's website https://virk.dk/myndigheder/stat/ERST/selvbetjening/Anmod_om_serviceattest/.\n The certificate must not be dated earlier than 12 months before the expiry of the\n offer submission deadline.
The service certificate may function as documentation\n for both the company and the members of the management (both its Danish and non-Danish\n members). In connection with the request for the service certificate, the tenderer’s\n management members will be asked to submit a consent declaration to the Danish Business\n Authority regarding the collection of criminal records for the individual, as well\n as a solemn declaration that the individual has not been convicted or accepted a fine\n for a number of specified matters. If all management members do this, no separate\n documentation needs to be submitted.
If a management member does not submit a\n consent declaration or a solemn declaration, the service certificate will be issued\n with a remark, and separate documentation must be submitted to show that the individual\n is not subject to any grounds for exclusion. As a general rule, a copy of the individual’s\n criminal record or an equivalent certificate issued by a competent national authority\n in the country where the individual is a citizen must be submitted.
If the\n tenderer is not domiciled in Denmark, the tenderer must follow the procedure set out\n in Section 153 of the Danish Public Procurement Act. This means that the documentation\n may consist of extracts from the relevant register, a certificate, or an equivalent\n document issued by a competent judicial or administrative authority. For tenderers\n domiciled in an EU or EEA country, e-Certis includes an overview of the relevant documentation\n in the tenderer’s specific country. The EU/EEA-tenderer must provide the documentation\n listed in e-Certis, see more here: https://ec.europa.eu/tools/ecertis/#/search.
If\n the country in which the tenderer is domiciled does not issue such certificates or\n documents, or if these do not cover all exclusion grounds mentioned in Section 135\n of the Danish Public Procurement Act, they can be replaced by a declaration under\n oath. If declaration under oath is not a possibility in the country in question, a\n solemn declaration made before either a competent judicial or administrative authority,\n a notary, or a competent professional organisation can be given instead in accordance\n with Section 153 (2) of the Danish Public Pro-curement Act.
It is noted\n that FS will accept documentation that is valid under the national law of the country\n in which it is issued, including with respect to the period of validity. If a period\n of validity is not determined by national law, FS will accept documentation that has\n been issued up to 12 months before the offer submission deadline.
Documentation\n for selection criteria: As documentation that the tenderer has a credit rating of\n at least A- (Standard & Poor's) or equivalent, the tenderer shall provide either an\n extract from the relevant register or a link to the website where information about\n the tenderer's credit rating may be found.
If the tenderer is a consortium,\n documentation regarding financial capacity must be submitted for each participant\n in the consortium.
Documentation regarding consortiums: If the tenderer is\n a consortium of companies and the consortium is awarded the contract, a signed consortium\n declaration must be submitted, in which the companies in the consortium declare that\n they are jointly and severally liable to FS for the performance of the contract. FS\n has prepared a template which the tenderer is encouraged to use (Annex 6).
Declaration\n of ownership: As documentation that the tenderer is not a Russian company or a Russian-controlled\n company, and does not use Russian or Russian-controlled support entities or subcontractors,\n the tenderer must submit a completed and signed version of the attached solemn declaration,\n cf. Appendix 5 of the tender documents.\n \n 5.1.10 TildelingskriterierKriterium:\n \n Beskrivelse: The contract will be awarded to the most economically advantageous offer based on\n the criterion \"best ratio between price and quality\" on the basis of the following\n sub-criteria:
- Premium - 40 %
- Coverage - 60 %
For the sub-criteria\n \"Premium\", the tenderer must state the premium quote offered for a D&O insurance with\n a limit of liability of EUR 10,000,000 for each and every claim and in annual aggregate.\n Kategori for tildelingskriteriet tærskel: Vægtning (pointantal, præcis)Tildelingskriterium talværdi: 40\n \n \n Kriterium:\n \n Beskrivelse: The contract will be awarded to the most economically advantageous offer based on\n the criterion \"best ratio between price and quality\" on the basis of the following\n sub-criteria:
- Premium - 40 %
- Coverage - 60 %
For the sub-criteria\n \"Coverage\", the tenderer must meet the minimum requirements regarding terms and conditions\n (Appendix 2) and it will have a positive impact on the evaluation of an offer if that\n offer exceeds the minimum requirements. The \"Coverage\" subcriteria is divided into\n the following sub-criteria:
- Retroactive cover for Roskilde Bank (5%): The voluntary\n quote for retroactive cover for the management of Roskilde Bank is considered valuable.\n It will have a positive impact on the evaluation of an offer if that offer includes\n cover for acts and omissions by the insured directors and officers of Roskilde Bank\n during the period from 1 September 2008 to 10 August 2009.
- Credit Strength Rating\n clause (5%): It will have a positive impact on the evaluation of an offer if that\n offer includes a clause providing a right for the policyholder to cancel the policy\n and obtain return of pro rata premium if the credit rating of the insurer drops below\n A- (Standard & Poor's) or equivalent.
- Higher sub-limits (5%): It will have a\n positive influence on the evaluation of an offer if the quote contained in said offer\n contains sublimits that exceed the minimum requirements in Appendix 2.
- Option\n for automatic renewal of the policy for 12 months (15%): It will have a positive impact\n on the evaluation if the offer includes an option for automatic renewal of the policy\n for 12 months after the expiry of the initial policy period.
- Option for automatic\n renewal of additional 12 months (10%): It will have a positive impact on the evaluation\n if the offer includes an option for renewal of the policy for an additional 12 months\n after the expiry of the initial 12 months extension of the policy period.
- Option\n for a primary layer coverage on EUR 15,000,000 (10%): It will have a positive impact\n on the evaluation if the offer includes a worldwide coverage with a limit of liability\n of EUR 15,000,000 for each and every claim and in the annual aggregate.
- Option\n for a primary layer coverage on EUR 20,000,000 (10%): It will have a positive impact\n on the evaluation if the offer includes a worldwide coverage with a limit of liability\n of EUR 20,000,000 for each and every claim and in the annual aggregate.\n Kategori for tildelingskriteriet tærskel: Vægtning (pointantal, præcis)Tildelingskriterium talværdi: 60\n \n \n \n 5.1.15 Teknikker\n Oplysninger om det dynamiske indkøbssystem:Intet dynamisk indkøbssystem\n \n \n 5.1.16 Yderligere oplysninger, mægling og gennemgangOrganisation med ansvar for klager: Klagenævnet for Udbud\n Oplysninger om klagefrister: A complaint following FS' award decision must be submitted to the Danish Complaints\n Board for Public Procurement within 45 calendar days from the day following the date\n on which the contracting authority has published a contract award notice in the Official\n Journal of the European Union, cf. section 7(2)(1) of Consolidated Act No. 593 on\n the Complaints Board for Public Procurement of 2 June 2016 (the Complaints Board Act).\n At the latest simultaneously with submitting a complaint to the Complaints Board for\n Public Procurement, the complainant must notify the contracting authority in writing\n that a complaint has been submitted to the Complaints Board for Public Procurement\n and whether the complaint has been submitted during the standstill period, cf. section\n 6(4) of the Complaints Board Act. If the complaint is not submitted during the standstill\n period, the complainant must state whether suspensive effect is requested, cf. section\n 6(4) and section 12(1) of the Complaints Board Act.\n Organisation, der leverer yderligere oplysninger om klageprocedurerne: Konkurrence- og Forbrugerstyrelsen\n Organisation, hvis budget anvendes til at betale for kontrakten: Finansiel Stabilitet\n Organisation, der udfører betalingen: Finansiel Stabilitet\n Organisation, der underskriver kontrakten: Finansiel Stabilitet\n \n \n \n 6 ResultaterVærdien af alle kontrakter tildelt i denne bekendtgørelse: 0 Dansk krone\n 6.1 Resultat delkontrakt-ID: LOT-0000Der er udvalgt mindst én vinder.\n 6.1.2 Oplysninger om vinderneVinder:Officielt navn: Zurich Danmark, Branch of Zurich Insurance Europe AG, Germany\n \n Tilbud – Identifikator: Tender for contract on directors and officers' liability insurance policy - primary\n layer - Zurich Danmark, Branch of Zurich Insurance Europe AG, Germany\n ID for delkontrakt eller gruppe af delkontrakter: LOT-0000\n Værdien af tilbuddet: 0 Dansk krone\n Tilbuddet blev rangordnet: nej\n Tilbuddet er et alternativt tilbud: nej\n \n Kontraktoplysninger:Identifikator for kontrakten: Tender for contract on directors and officers' liability insurance policy - primary\n layer - Zurich Danmark, Branch of Zurich Insurance Europe AG, Germany\n Titel: Directors, officers and company liability insurance policy\n Datoen for udvælgelsen af det vindende tilbud: 13-11-2025\n Dato for indgåelse af kontrakten: 26-11-2025\n Organisation, der underskriver kontrakten: Finansiel Stabilitet\n \n \n \n 6.1.4 Statistiske oplysningerResumé af de klager som køberen har modtaget:\n \n Modtagne tilbud og ansøgninger om deltagelse:Type modtagne indgivelser: TilbudAntal modtagne tilbud og ansøgninger om deltagelse: 2\n \n \n Udvalg af tilbud:Værdien af det antagelige tilbud med den laveste værdi: 0 Dansk krone\n Værdien af det antagelige tilbud med den højeste værdi: 0 Dansk krone\n \n \n \n \n 8 Organisationer8.1 ORG-0001Officielt navn: Finansiel Stabilitet\n Registreringsnummer: 30515145\n Postadresse: Sankt Annæ Plads 13, 2. tv. \n \n \n Landsdel (NUTS): Byen København (DK011)\n \n Enhed: Laura Munk Petersen\n \n \n Internetadresse: https://fs.dk/\n Køberprofil: https://eu.eu-supply.com/ctm/company/companyinformation/index/580589\n Denne organisations roller:\n Organisation, der underskriver kontrakten\n Organisation, hvis budget anvendes til at betale for kontrakten\n Organisation, der udfører betalingen\n \n \n 8.1 ORG-0002Officielt navn: Klagenævnet for Udbud\n Registreringsnummer: 37795526\n \n \n \n Landsdel (NUTS): Vestjylland (DK041)\n \n E-mail: klfu@naevneneshus.dk\n \n Internetadresse: https://naevneneshus.dk/start-din-klage/klagenaevnet-for-udbud/\n Denne organisations roller:Organisation med ansvar for klager\n \n \n 8.1 ORG-0003Officielt navn: Konkurrence- og Forbrugerstyrelsen\n Registreringsnummer: 10294819\n Postadresse: Carl Jacobsens Vej 35 \n \n \n Landsdel (NUTS): Byen København (DK011)\n \n \n \n Internetadresse: https://kfst.dk/\n Denne organisations roller:Organisation, der leverer yderligere oplysninger om klageprocedurerne\n \n \n 8.1 ORG-0004Officielt navn: Zurich Danmark, Branch of Zurich Insurance Europe AG, Germany\n Den økonomiske operatørs størrelse: Stor virksomhed\n Registreringsnummer: 31184606\n Postadresse: Store Kongensgade 68, 1. sal \n \n \n Landsdel (NUTS): Byen København (DK011)\n \n Enhed: Philip Nørregaard Juhl\n E-mail: p.norregaardjuhl@zurich.com\n \n Internetadresse: https://www.zurich.com/zie\n Denne organisations roller:\n Vinder af disse delkontrakter: LOT-0000\n \n \n 8.1 ORG-0005Officielt navn: Mercell Holding ASA\n Registreringsnummer: 980921565\n Postadresse: Askekroken 11 \n \n \n Landsdel (NUTS): Oslo (NO081)\n \n \n E-mail: publication@mercell.com\n \n \n Internetadresse: http://mercell.com/\n Denne organisations roller:\n \n \n \n Oplysninger om bekendtgørelsenBekendtgørelsens ID: f43747ae-a55b-48dd-85d3-f0cba599e550 - 01\n \n Bekendtgørelsestype: Bekendtgørelse om indgåede kontrakter eller koncessionstildeling – standardordningen\n Afsendelsesdato for bekendtgørelsen: 01-12-2025 11:42 +00:00\n Dato for afsendelse af bekendtgørelsen (eSender): 01-12-2025 11:42 +00:00\n Bekendtgørelsens officielle sprog: engelsk \n Bekendtgørelsesnummer: 00797480-2025\n \n Offentliggørelsesdato: 02-12-2025\n \n \n","htmlEN":"\n\n \n 1 Buyer1.1 BuyerOfficial name: Finansiel Stabilitet\n Legal type of the buyer: Body governed by public law\n Activity of the contracting authority: Economic affairs\n \n \n 2 Procedure2.1 ProcedureTitle: Tender for contract on directors and officers' liability insurance policy - primary\n layer\n Description: This tender concerns a contract on directors and officers’ liability insurance (“D&O\n insurance”) covering a primary layer with worldwide coverage, with a minimum limit\n of liability of EUR 10,000,000 for each and every claim and in the annual aggregate.\n Procedure identifier: 42442b7d-5c3a-47db-9acc-b18a693cf1fc\n Previous notice: 4a0827fb-4eeb-4251-9e6c-d71fac325b5f-01\n Internal identifier: 3300751\n \n The procedure is accelerated: no\n Main features of the procedure: This tender concerns a contract on D&O insurance covering a primary layer with worldwide\n coverage, with a minimum limit of liability of EUR 10,000,000 for each and every claim\n and in the annual aggregate. The policy period is from 1 March 2026 to 28 February\n 2027, both days included.
FS is planning to take out D&O insurance with\n an overall limit of liability up to EUR 90,000,000 for the period of 1 March 2026\n to 28 February 2027, both days included. The D&O insurance will consist of a primary\n layer and up to 16 excess layers. The contract subject to this tender procedure is\n for the primary layer only. The excess layer contracts are subject to a separate tender\n procedure. A contract notice for the excess layer tender is expected to be published\n in November 2025.
Overall, it is the intention to obtain quotes for the following\n layers:
- 16. excess MEUR xs 85
- 15. excess MEUR 5 xs 80
- 14. excess\n MEUR 5 xs 75
- 13. excess MEUR 5 xs 70
- 12. excess MEUR 5 xs 65
- 11.\n excess MEUR 5 xs 60
- 10. excess MEUR 5 xs 55
- 9. excess MEUR 5 xs 50
-\n 8. excess MEUR 5 xs 45
- 7. excess MEUR 5 xs 40
- 6. excess MEUR 5 xs 35
-\n 5. excess MEUR 5 xs 30
- 4. excess MEUR 5 xs 25
- 3. excess MEUR 5 xs 20
-\n 2. excess MEUR 5 xs 15
- 1. excess MEUR 5 xs 10
- Primary layer MEUR 10\n (15 or 20)
It is a condition for participation in the tender procedure that\n the tenderer is not subject to any of the mandatory grounds for exclusion set out\n in Sections 134a, 135 and 136 of the Danish Public Procurement Act, see further below.\n As preliminary evidence thereof, the tenderer must submit a completed ESPD, see further\n details below regarding documentation. With regard to Section 134a of the Danish Public\n Procurement Act, it should be noted that participation is conditional upon the tenderer\n not being established in a country that is included on the EU list of non-cooperative\n tax jurisdictions, and which has not acceded to the WTO's Government Procurement Agreement\n or other trade agreements obligating Denmark to open the public procurement market\n to tenderers from the relevant country. In part III.D of the ESPD, the tenderer must\n indicate whether it is subject to the exclusion ground set out in Section 134a.
The\n tenderer may be an agent acting for an insurance company implying that the insurance\n company will eventually be party to the contract with FS and thus the final issuer\n of the insurance policy. In such case, it is the insurance company on whose behalf\n the offer is submitted that must complete the ESPD. The agent shall not complete an\n ESPD.
The tenderer may be an association of undertakings, e.g. a consortium.\n In such case, each undertaking within the association must complete separate ESPD's\n providing information on the grounds for exclusions, which must be submitted as part\n of the offer.\n 2.1.1 PurposeMain nature of the contract: Services\n Main classification (cpv): 66515410 Financial loss insurance services\n \n 2.1.2 Place of performancePostal address: Sankt Annæ Plads 13, 2. tv \n \n \n Country subdivision (NUTS): Byen København (DK011)\n \n \n 2.1.3 ValueEstimated value excluding VAT: 0 Danish krone\n \n 2.1.4 General informationCall for competition is terminated\n Additional information: Documentation: Prior to the award decision, the tenderer with whom FS intends to enter\n into the contract must provide FS with documentation for the information in the ESPD.\n
Documentation regarding exclusion grounds: As documentation that neither\n the company nor any member of the management has been caught by the exclusion grounds\n in Section 135 of the Public Procurement Act within the last four years, an extract\n from the relevant register or similar document issued by a competent legal or administrative\n authority showing that neither the company nor any member of the management has been\n caught must be submitted.
For Danish tenderers, the documentation can be\n in the form of a service certificate requested from the Danish Business Authority\n at the Authority's website https://virk.dk/myndigheder/stat/ERST/selvbetjening/Anmod_om_serviceattest/.\n The certificate must not be dated earlier than 12 months before the expiry of the\n offer submission deadline.
The service certificate may function as documentation\n for both the company and the members of the management (both its Danish and non-Danish\n members). In connection with the request for the service certificate, the tenderer’s\n management members will be asked to submit a consent declaration to the Danish Business\n Authority regarding the collection of criminal records for the individual, as well\n as a solemn declaration that the individual has not been convicted or accepted a fine\n for a number of specified matters. If all management members do this, no separate\n documentation needs to be submitted.
If a management member does not submit a\n consent declaration or a solemn declaration, the service certificate will be issued\n with a remark, and separate documentation must be submitted to show that the individual\n is not subject to any grounds for exclusion. As a general rule, a copy of the individual’s\n criminal record or an equivalent certificate issued by a competent national authority\n in the country where the individual is a citizen must be submitted.
If the\n tenderer is not domiciled in Denmark, the tenderer must follow the procedure set out\n in Section 153 of the Danish Public Procurement Act. This means that the documentation\n may consist of extracts from the relevant register, a certificate, or an equivalent\n document issued by a competent judicial or administrative authority. For tenderers\n domiciled in an EU or EEA country, e-Certis includes an overview of the relevant documentation\n in the tenderer’s specific country. The EU/EEA-tenderer must provide the documentation\n listed in e-Certis, see more here: https://ec.europa.eu/tools/ecertis/#/search.
If\n the country in which the tenderer is domiciled does not issue such certificates or\n documents, or if these do not cover all exclusion grounds mentioned in Section 135\n of the Danish Public Procurement Act, they can be replaced by a declaration under\n oath. If declaration under oath is not a possibility in the country in question, a\n solemn declaration made before either a competent judicial or administrative authority,\n a notary, or a competent professional organisation can be given instead in accordance\n with Section 153 (2) of the Danish Public Pro-curement Act.
It is noted\n that FS will accept documentation that is valid under the national law of the country\n in which it is issued, including with respect to the period of validity. If a period\n of validity is not determined by national law, FS will accept documentation that has\n been issued up to 12 months before the offer submission deadline.
Documentation\n for selection criteria: As documentation that the tenderer has a credit rating of\n at least A- (Standard & Poor's) or equivalent, the tenderer shall provide either an\n extract from the relevant register or a link to the website where information about\n the tenderer's credit rating may be found.
If the tenderer is a consortium,\n documentation regarding financial capacity must be submitted for each participant\n in the consortium.
Documentation regarding consortiums: If the tenderer is\n a consortium of companies and the consortium is awarded the contract, a signed consortium\n declaration must be submitted, in which the companies in the consortium declare that\n they are jointly and severally liable to FS for the performance of the contract. FS\n has prepared a template which the tenderer is encouraged to use (Annex 6).
Declaration\n of ownership: As documentation that the tenderer is not a Russian company or a Russian-controlled\n company, and does not use Russian or Russian-controlled support entities or subcontractors,\n the tenderer must submit a completed and signed version of the attached solemn declaration,\n cf. Appendix 5 of the tender documents.\n \n \n \n \n \n 5 Lot5.1 Lot technical ID: LOT-0000Title: Tender for contract on directors and officers' liability insurance policy - primary\n layer\n Description: This tender concerns a contract on directors and officers’ liability insurance (“D&O\n insurance”) covering a primary layer with worldwide coverage, with a minimum limit\n of liability of EUR 10,000,000 for each and every claim and in the annual aggregate.\n Internal identifier: 3300751\n 5.1.1 PurposeMain nature of the contract: Services\n Main classification (cpv): 66515410 Financial loss insurance services\n Options:Description of the options: The tenderer has the option to offer the following:
- An insurance policy for\n FS and FS subsidiaries with worldwide coverage and with a limit of liability of either\n EUR 15,000,000 or EUR 20,000,000 (primary layer).
- Renewal of the policy period\n for up to 2 additional periods of 12 months each, following expiry of the initial\n period (for a total maximum duration of 36 months). Tenderers are encouraged to state\n a date prior to the expiry of the policy period on which a new policy can be issued,\n should FS decide to exercise such option.
- A renewal of the expiring cover for\n acts and omissions made by the directors and officers of Roskilde Bank and its subsidiaries\n from 1 September 2008, even though this former subsidiary was acquired on 10 August\n 2009. As stated above, 1 September 2008 is the date of first inception for the individual\n policy for Roskilde Bank. For this policy, there has been a one year run off cover\n which expired on 31 December 2010.
It is voluntary for the tenderer whether\n to include an offer for one or more of these options. However, it is highly encouraged\n that the tenderer includes an offer for these options, and it will have a positive\n impact in the evaluation of the offer. It is underlined that if the tenderer decides\n to include an offer for one or more of the options, the tenderer will be bound by\n the offer, if FS decides to exercise the option.\n \n \n 5.1.2 Place of performancePostal address: Sankt Annæ Plads 13, 2. tv \n \n \n Country subdivision (NUTS): Byen København (DK011)\n \n \n \n 5.1.3 Estimated duration\n Duration end date: 28-02-2027\n \n 5.1.4 Renewal\n Other information about renewals: The tenderer has the option to offer a renewal of the policy for up to 2 additional\n periods of 12 months each, following expiry of the initial policy period (for a total\n maximum duration of 36 months). Tenderers are encouraged to state a date prior to\n the expiry of the policy period on which a new policy can be issued, should Finansiel\n Stabilitet (\"FS\") decide to exercise such option.\n \n 5.1.5 ValueEstimated value excluding VAT: 0 Danish krone\n \n 5.1.6 General informationProcurement Project not financed with EU Funds.\n The procurement is covered by the Government Procurement Agreement (GPA): yes\n Additional information: Documentation: Prior to the award decision, the tenderer with whom FS intends to enter\n into the contract must provide FS with documentation for the information in the ESPD.\n
Documentation regarding exclusion grounds: As documentation that neither\n the company nor any member of the management has been caught by the exclusion grounds\n in Section 135 of the Public Procurement Act within the last four years, an extract\n from the relevant register or similar document issued by a competent legal or administrative\n authority showing that neither the company nor any member of the management has been\n caught must be submitted.
For Danish tenderers, the documentation can be\n in the form of a service certificate requested from the Danish Business Authority\n at the Authority's website https://virk.dk/myndigheder/stat/ERST/selvbetjening/Anmod_om_serviceattest/.\n The certificate must not be dated earlier than 12 months before the expiry of the\n offer submission deadline.
The service certificate may function as documentation\n for both the company and the members of the management (both its Danish and non-Danish\n members). In connection with the request for the service certificate, the tenderer’s\n management members will be asked to submit a consent declaration to the Danish Business\n Authority regarding the collection of criminal records for the individual, as well\n as a solemn declaration that the individual has not been convicted or accepted a fine\n for a number of specified matters. If all management members do this, no separate\n documentation needs to be submitted.
If a management member does not submit a\n consent declaration or a solemn declaration, the service certificate will be issued\n with a remark, and separate documentation must be submitted to show that the individual\n is not subject to any grounds for exclusion. As a general rule, a copy of the individual’s\n criminal record or an equivalent certificate issued by a competent national authority\n in the country where the individual is a citizen must be submitted.
If the\n tenderer is not domiciled in Denmark, the tenderer must follow the procedure set out\n in Section 153 of the Danish Public Procurement Act. This means that the documentation\n may consist of extracts from the relevant register, a certificate, or an equivalent\n document issued by a competent judicial or administrative authority. For tenderers\n domiciled in an EU or EEA country, e-Certis includes an overview of the relevant documentation\n in the tenderer’s specific country. The EU/EEA-tenderer must provide the documentation\n listed in e-Certis, see more here: https://ec.europa.eu/tools/ecertis/#/search.
If\n the country in which the tenderer is domiciled does not issue such certificates or\n documents, or if these do not cover all exclusion grounds mentioned in Section 135\n of the Danish Public Procurement Act, they can be replaced by a declaration under\n oath. If declaration under oath is not a possibility in the country in question, a\n solemn declaration made before either a competent judicial or administrative authority,\n a notary, or a competent professional organisation can be given instead in accordance\n with Section 153 (2) of the Danish Public Pro-curement Act.
It is noted\n that FS will accept documentation that is valid under the national law of the country\n in which it is issued, including with respect to the period of validity. If a period\n of validity is not determined by national law, FS will accept documentation that has\n been issued up to 12 months before the offer submission deadline.
Documentation\n for selection criteria: As documentation that the tenderer has a credit rating of\n at least A- (Standard & Poor's) or equivalent, the tenderer shall provide either an\n extract from the relevant register or a link to the website where information about\n the tenderer's credit rating may be found.
If the tenderer is a consortium,\n documentation regarding financial capacity must be submitted for each participant\n in the consortium.
Documentation regarding consortiums: If the tenderer is\n a consortium of companies and the consortium is awarded the contract, a signed consortium\n declaration must be submitted, in which the companies in the consortium declare that\n they are jointly and severally liable to FS for the performance of the contract. FS\n has prepared a template which the tenderer is encouraged to use (Annex 6).
Declaration\n of ownership: As documentation that the tenderer is not a Russian company or a Russian-controlled\n company, and does not use Russian or Russian-controlled support entities or subcontractors,\n the tenderer must submit a completed and signed version of the attached solemn declaration,\n cf. Appendix 5 of the tender documents.\n \n 5.1.10 Award criteriaCriterion:\n \n Description: The contract will be awarded to the most economically advantageous offer based on\n the criterion \"best ratio between price and quality\" on the basis of the following\n sub-criteria:
- Premium - 40 %
- Coverage - 60 %
For the sub-criteria\n \"Premium\", the tenderer must state the premium quote offered for a D&O insurance with\n a limit of liability of EUR 10,000,000 for each and every claim and in annual aggregate.\n Category of award threshold criterion: Weight (points, exact)Award criterion number: 40\n \n \n Criterion:\n \n Description: The contract will be awarded to the most economically advantageous offer based on\n the criterion \"best ratio between price and quality\" on the basis of the following\n sub-criteria:
- Premium - 40 %
- Coverage - 60 %
For the sub-criteria\n \"Coverage\", the tenderer must meet the minimum requirements regarding terms and conditions\n (Appendix 2) and it will have a positive impact on the evaluation of an offer if that\n offer exceeds the minimum requirements. The \"Coverage\" subcriteria is divided into\n the following sub-criteria:
- Retroactive cover for Roskilde Bank (5%): The voluntary\n quote for retroactive cover for the management of Roskilde Bank is considered valuable.\n It will have a positive impact on the evaluation of an offer if that offer includes\n cover for acts and omissions by the insured directors and officers of Roskilde Bank\n during the period from 1 September 2008 to 10 August 2009.
- Credit Strength Rating\n clause (5%): It will have a positive impact on the evaluation of an offer if that\n offer includes a clause providing a right for the policyholder to cancel the policy\n and obtain return of pro rata premium if the credit rating of the insurer drops below\n A- (Standard & Poor's) or equivalent.
- Higher sub-limits (5%): It will have a\n positive influence on the evaluation of an offer if the quote contained in said offer\n contains sublimits that exceed the minimum requirements in Appendix 2.
- Option\n for automatic renewal of the policy for 12 months (15%): It will have a positive impact\n on the evaluation if the offer includes an option for automatic renewal of the policy\n for 12 months after the expiry of the initial policy period.
- Option for automatic\n renewal of additional 12 months (10%): It will have a positive impact on the evaluation\n if the offer includes an option for renewal of the policy for an additional 12 months\n after the expiry of the initial 12 months extension of the policy period.
- Option\n for a primary layer coverage on EUR 15,000,000 (10%): It will have a positive impact\n on the evaluation if the offer includes a worldwide coverage with a limit of liability\n of EUR 15,000,000 for each and every claim and in the annual aggregate.
- Option\n for a primary layer coverage on EUR 20,000,000 (10%): It will have a positive impact\n on the evaluation if the offer includes a worldwide coverage with a limit of liability\n of EUR 20,000,000 for each and every claim and in the annual aggregate.\n Category of award threshold criterion: Weight (points, exact)Award criterion number: 60\n \n \n \n 5.1.15 Techniques\n Information about the dynamic purchasing system:No dynamic purchase system\n \n \n 5.1.16 Further information, mediation and reviewReview organisation: Klagenævnet for Udbud\n Information about review deadlines: A complaint following FS' award decision must be submitted to the Danish Complaints\n Board for Public Procurement within 45 calendar days from the day following the date\n on which the contracting authority has published a contract award notice in the Official\n Journal of the European Union, cf. section 7(2)(1) of Consolidated Act No. 593 on\n the Complaints Board for Public Procurement of 2 June 2016 (the Complaints Board Act).\n At the latest simultaneously with submitting a complaint to the Complaints Board for\n Public Procurement, the complainant must notify the contracting authority in writing\n that a complaint has been submitted to the Complaints Board for Public Procurement\n and whether the complaint has been submitted during the standstill period, cf. section\n 6(4) of the Complaints Board Act. If the complaint is not submitted during the standstill\n period, the complainant must state whether suspensive effect is requested, cf. section\n 6(4) and section 12(1) of the Complaints Board Act.\n Organisation providing more information on the review procedures: Konkurrence- og Forbrugerstyrelsen\n Organisation whose budget is used to pay for the contract: Finansiel Stabilitet\n Organisation executing the payment: Finansiel Stabilitet\n Organisation signing the contract: Finansiel Stabilitet\n \n \n \n 6 ResultsValue of all contracts awarded in this notice: 0 Danish krone\n 6.1 Result lot ldentifier: LOT-0000At least one winner was chosen.\n 6.1.2 Information about winnersWinner:Official name: Zurich Danmark, Branch of Zurich Insurance Europe AG, Germany\n \n Tender identifier: Tender for contract on directors and officers' liability insurance policy - primary\n layer - Zurich Danmark, Branch of Zurich Insurance Europe AG, Germany\n Identifier of lot or group of lots: LOT-0000\n Value of the tender: 0 Danish krone\n The tender was ranked: no\n The tender is a variant: no\n \n Contract information:Identifier of the contract: Tender for contract on directors and officers' liability insurance policy - primary\n layer - Zurich Danmark, Branch of Zurich Insurance Europe AG, Germany\n Title: Directors, officers and company liability insurance policy\n Date on which the winner was chosen: 13-11-2025\n Date of the conclusion of the contract: 26-11-2025\n Organisation signing the contract: Finansiel Stabilitet\n \n \n \n 6.1.4 Statistical informationSummary of the review requests the buyer received:Number of complainants: 0\n \n Received tenders or requests to participate:Type of received submissions: TendersNumber of tenders or requests to participate received: 2\n \n \n Range of tenders:Value of the lowest admissible tender: 0 Danish krone\n Value of the highest admissible tender: 0 Danish krone\n \n \n \n \n 8 Organisations8.1 ORG-0001Official name: Finansiel Stabilitet\n Registration number: 30515145\n Postal address: Sankt Annæ Plads 13, 2. tv. \n \n \n Country subdivision (NUTS): Byen København (DK011)\n \n Contact point: Laura Munk Petersen\n \n \n Internet address: https://fs.dk/\n Buyer profile: https://eu.eu-supply.com/ctm/company/companyinformation/index/580589\n Roles of this organisation:\n Organisation signing the contract\n Organisation whose budget is used to pay for the contract\n Organisation executing the payment\n \n \n 8.1 ORG-0002Official name: Klagenævnet for Udbud\n Registration number: 37795526\n Postal address: Toldboden 2 \n \n \n Country subdivision (NUTS): Vestjylland (DK041)\n \n Email: klfu@naevneneshus.dk\n \n Internet address: https://naevneneshus.dk/start-din-klage/klagenaevnet-for-udbud/\n Roles of this organisation:\n \n \n 8.1 ORG-0003Official name: Konkurrence- og Forbrugerstyrelsen\n Registration number: 10294819\n Postal address: Carl Jacobsens Vej 35 \n \n \n Country subdivision (NUTS): Byen København (DK011)\n \n \n \n Internet address: https://kfst.dk/\n Roles of this organisation:Organisation providing more information on the review procedures\n \n \n 8.1 ORG-0004Official name: Zurich Danmark, Branch of Zurich Insurance Europe AG, Germany\n Size of the economic operator: Large\n Registration number: 31184606\n Postal address: Store Kongensgade 68, 1. sal \n \n \n Country subdivision (NUTS): Byen København (DK011)\n \n Contact point: Philip Nørregaard Juhl\n Email: p.norregaardjuhl@zurich.com\n \n Internet address: https://www.zurich.com/zie\n Roles of this organisation:\n Winner of these lots: LOT-0000\n \n \n 8.1 ORG-0005Official name: Mercell Holding ASA\n Registration number: 980921565\n Postal address: Askekroken 11 \n \n \n Country subdivision (NUTS): Oslo (NO081)\n \n \n Email: publication@mercell.com\n \n \n Internet address: http://mercell.com/\n Roles of this organisation:\n \n \n \n Notice informationNotice identifier/version: f43747ae-a55b-48dd-85d3-f0cba599e550 - 01\n \n Notice type: Contract or concession award notice – standard regime\n Notice dispatch date: 01-12-2025 11:42 +00:00\n Notice dispatch date (eSender): 01-12-2025 11:42 +00:00\n Languages in which this notice is officially available: English \n Notice publication number: 00797480-2025\n OJ S issue number: 232/2025\n Publication date: 02-12-2025\n \n \n","opsummeringDA":{"card":{"titel":"Tender for contract on directors and officers' liability insurance policy - primary layer","ordregiver":"Finansiel Stabilitet","ordregiverId":"30515145","ordregiverIdDatavasket":"30515145","publiceringsdato":"2025-12-02+01:00","cpvKode":"66515410","cpvTitel":"Forsikring mod økonomisk tab","formulartype":"Resultater","formulartypeKode":"result","tidsfrister":[],"alleOrdregivere":["Finansiel Stabilitet"],"anslaaetVaerdi":"0","anslaaetVaerdiValuta":"DKK","beskrivelse":"This tender concerns a contract on directors and officers’ liability insurance (“D&O insurance”) covering a primary layer with worldwide coverage, with a minimum limit of liability of EUR 10,000,000 for each and every claim and in the annual aggregate.","bkSubTypeKode":"29","bkSubType":"Bekendtgørelse om indgåede kontrakter – det generelle direktiv, standardordningen","erAendring":false},"indholdsType":"HENTET_FRA_TED","sekundaereOrdregivere":[],"udforelsesstedNutsCode":["DK011"],"udforelsesstedSubLand":["Byen København"],"udforelsesstedLand":["Danmark"],"udforelsesstedBy":["København K"],"tilbudsfrister":[],"intressentfrister":[],"deltagelsefrister":[],"svarfrister":[],"antalParts":0,"antalLots":1,"udbudsDokumenter":[]},"opsummeringEN":{"card":{"titel":"Tender for contract on directors and officers' liability insurance policy - 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