VR Group: Insurances and related services, framework agreement

Call for competition published on TED on 29 May 2026 by VR-Yhtymä Oyj / VR-Group Plc (Finland), CPV 66510000 Insurance services.

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Description

VR-Group Plc (hereinafter also “VR” or the “contracting entity”) initiates this contract notice to establish a framework agreement for the procurement of insurance coverage and related insurance services for VR Group. VR Group consists of approximately 15 legal entities operating in Finland, Sweden and Latvia, employing more than 9,100 people. This procurement covers all legal entities under VR Group. The framework agreement may be used to procure various insurance lines, such as general and product liability insurance, property damage and business interruption insurance, cargo and transport-related insurance, statutory insurance lines and other insurance coverages relevant to the operations and risk profile of VR Group, as well as related insurance services including underwriting, policy administration and claims handling. A description of the procurement is provided in Appendix 2 - Description of the Procurement. Under the framework agreement, insurance coverages and related services will be procured through mini-competitions conducted among the suppliers admitted to the framework agreement. The scope, content and specific insurance coverages procured under the frame agreement may vary. As the insurance lines differ significantly in nature and pricing methodologies, price competition will take place in the mini‑competitions, and the framework agreement is therefore awarded solely on the basis of qualitative criteria. The framework agreement is planned to enter into force Q3/2026 and shall have an initial fixed term of three (3) years, after which the Customer may extend t

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