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World Bank Procurement Notices & Contract Awards · OP00479950

Recruitment of the Lead Insurer or insurers of the Backstop Insurance Policy for the Bridge Lending Windows (BLW)

Status
Awarded
Estimated value
RWF 1,200,971,898
Submission deadline
Deadline not published
Published
Nov 6, 2026
Buyer
Access to Finance for Recovery and Resilience Project
Country
Rwanda
Source
World Bank Procurement Notices & Contract Awards

Contract outcome & evergreen alternatives

This notice is no longer open for submissions. The original remains available for reference.

Awarded supplier / winnerRegistration / LEI numberCountryAwarded contract amountAward date
MAYFAIR INSURANCE COMPANY RWANDA LTD
Tel : +250788381844 info@mayfair.co.rw
info@mayfair.co.rw		WB-VENDOR: 1116663RwandaRWF 1,200,971,898Oct 20, 2026
Beneficial Ownership Details—RwandaRWF 1,200,971,898Oct 20, 2026
Name—RwandaRWF 1,200,971,898Oct 20, 2026
Nationality—RwandaRWF 1,200,971,898Oct 20, 2026
Residence Country—RwandaRWF 1,200,971,898Oct 20, 2026
Conditions Met
MAYFAIR INSURANCE COMPANY LTD MAYFAIR INSURANCE COMPANY LTD KE Kenya Directly or indirectly holding 25% or more of the shares BENJAMIN MATHIAS RUGANGAZI RW Rwanda Directly or indirectly holding 25 % or more of the Voting Rights, Directly or		—RwandaRWF 1,200,971,898Oct 20, 2026
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The original notice takes precedence. Its status and conditions can change after collection.

Description

Contract Award Project: P175273-Access to Finance for Recovery and Resilience Project Loan/Credit/TF Info: IDA-69260 Bid/Contract Reference No: RW-BRD-532879-NC-RFB Procurement Method: RFB-Request for Bids Scope of Contract: Provision of the Backstop Insurance Policy for the Bridge Lending Windows (BLW). Notice Version No: 0 Date Notification of Award Issued (YYYY/MM/DD) 2026/10/20 Duration of Contract 12 Month(s) Awarded Bidder(s): MAYFAIR INSURANCE COMPANY RWANDA LTD (1116663) Tel : +250788381844 Email : info@mayfair.co.rw Country: Rwanda Bid Price at Opening RWF Evaluated Bid Price RWF 1200971898 Signed Contract price RWF 1200971898 Beneficial Ownership Details MAYFAIR INSURANCE COMPANY RWANDA LTD (1116663) Form Date: 17-JUN-26 Name Nationality Residence Country Conditions Met MAYFAIR INSURANCE COMPANY LTD MAYFAIR INSURANCE COMPANY LTD KE Kenya Directly or indirectly holding 25% or more of the shares BENJAMIN MATHIAS RUGANGAZI RW Rwanda Directly or indirectly holding 25 % or more of the Voting Rights, Directly or indirectly having the right to appoint a majority of the board of the directors or an equivalent VINAY HARGOVIND GORAJIA US Rwanda Directly or indirectly having the right to appoint a majority of the board of the directors or an equivalent Evaluated Bidder(s): RADIANT YACU LTD (1116658) Tel: +250 783672462 or +250 788276669 Email: info@radiantyacu.rw Country: Rwanda Bid Price at Opening RWF Evaluated Bid Price RWF 2041652226

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