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Call for proposal

16 November 2021

ESG Integration by Insurance Regulators in Kenya, Nigeria, and Ghana

Closing date

10.12.2021 5:00 pm

We are seeking the services of a specialized regulatory consultant to assist insurance regulators in Kenya, Nigeria, and Ghana to integrate ESG principles into their supervisory process. The purpose of this consultancy is to build an enabling supervisory environment for ESG regulation and disclosure through the formulation of proportional and fit-for-purpose supervisory instruments to promote effective and consistent supervision of the insurance industry. 

The consultancy will produce a diagnostic report of how the regulators in Africa and specifically Kenya, Nigeria and Ghana are addressing and integrating environmental, social, and governance (ESG) issues into their regulatory framework. The diagnostic will provide the status of the sector in addressing ESG issues and provide strategic recommendations on how to advance the adoption of ESG principles in the insurance sector. This will support in building an enabling supervisory environment for ESG regulation and disclosure through the formulation of proportional and fit for purpose supervisory instruments to promote effective and consistent supervision of the insurance industry. 

For more information and details on how to apply, please download the full terms of reference.

Submitted proposals should not exceed 10 pages (excluding annexures) which should be sent by email to FSD Africa at bids@fsdafrica.org by 12pm EAT on 10th December 2021 under a subject line reading “Invitation to tender: ESG Integration by Insurance Regulators”

Questions or comments in respect of the terms of reference should be directed by email to: bids@fsdafrica.org on or before  22nd November 12 noon EAT 2021 and feedback will be provided by 5 pm EAT 24th November 2021.