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Request for Expression of Interest – Health Insurance

Request for Expression of Interest

The Punjab State Co-operative Supply and Marketing Federation Ltd. (Markfed) is a premium co-operative institution of Punjab which operates through district offices, over various branch offices, processing and trading units and member co-operative societies. Markfed has emerged as a very solid and stable organization committed to serving the farming community and intends to enter in a tie-up with Health Insurance Company.

The interested Health Insurance Companies (Public Sector and other Pvt. Insurance companies) may submit their Expression of Interest alongwith their profile with regard to the constitution, business profile, service network, solvency ratio, gross written premium etc to the Principal Officer, Markfed Cabin no. 1311 “Markfed House, Plot no. 4, Sector 35-B, Chandigarh 160022 within a period of 21 days from the publication.

The shortlisted companies will be invited for making a presentation about their company, product, services, operational strategy etc. to facilitate the selection of company for the purpose. Selected companies should strictly abide by the instructions/directions given in IRDAI notification and other related directions issued from time to time. Further, they have to follow ethical and other business principles so that our institutional interest is not compromised in any way. The past performance of the companies and proposal for supporting Markfed shall be the key criteria for the final selection of preferred insurers. Markfed reserves the right to reject any or all proposals without assigning any reason. For details please visit our website

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