Parametric Insurance Technical Advisory Partner for REPAIR
ARC REPAIR MOZ
REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES – FIRM SELECTION) Country: Eastern and Southern Africa (ESA) Project: Regional Emergency Preparedness and Access to Inclusive Recovery (REPAIR) Program Loan No./Credit No./Grant No.: TF0C5097-3E Assignment Title: Parametric Insurance Technical Advisory Partner for REPAIR Reference No.: MZ-REPAIR-536938-CS-CQS African Risk Capacity Limited (ARC Ltd.) has received financing from the World Bank toward the cost of the Regional Emergency Preparedness and Access to Inclusive Recovery (REPAIR) Program and intends to apply part of the proceeds for consulting services. The REPAIR Program is a multi-country World Bank operation designed to strengthen the financial and operational preparedness of participating countries to respond rapidly to climate-related and other shocks. The Program is implemented at the regional level by the REPAIR Project Implementation Unit (PIU) within African Risk Capacity Limited (ARC Ltd.), acting on behalf of participating countries. The consulting services (“the Services”) include the provision of independent, supplier-agnostic technical advisory services to participating countries under the REPAIR Program in relation to parametric insurance and broader climate risk transfer strategies. The assignment will support participating countries in the evaluation, development, structuring, implementation, and performance assessment of climate risk transfer instruments, including index-based and parametric insurance solutions. The Services include advisory support relating to inception and country work planning, data and catastrophe risk model review, model selection and/or development, insurance product design and implementation support, post-placement performance evaluation, and broader technical advisory support to the REPAIR PIU and participating countries. The assignment may support up to seven (7) countries during the duration of the contract. The contract shall be implemented on a time-based b
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