Terms of Reference (ToR) for External Expertise for supporting IDF: Industry Engagement Advisor

Date: 10 July 2026
Subject: Request for Proposal – External Expertise for supporting IDF:  Industry Engagement Advisor 

Frankfurt School of Finance & Management gGmbH, implementing the project “Global Shield Secretariat”, invites you to submit a proposal and quotation for the delivery of services as described in the attached Terms of Reference (ToR) below.

Please submit your complete offer to opportunities@fs.deby 24 July 2026 18.00 (CEST) quoting the assignment title in the email subject.

Submissions must include:

• Accompanying email referencing this invitation 
• Confirmation of eligibility (use Annex 1) 
• Expert CV (use Annex 2) 
• Technical and Financial offer (EUR) (use Annex 3)

2.1 Background

Launched at COP27 by the Vulnerable Twenty (V20) Group and the Group of Seven (G7), the Global Shield against Climate Risks (GS) aims to increase protection for vulnerable people and countries and contribute to effectively responding to loss and damage from climate change. The Global Shield promotes an inclusive, gender-responsive and demand-driven process, which is led by the vulnerable countries’ governments (https://www.globalshield.org/).  

Within the initiative the Global Shield Secretariat serves all Global Shield Governance bodies. It facilitates knowledge management and tracks progress in achieving the objectives of the Global Shield against Climate Risks. It also enhances its visibility.   

The Global Shield Secretariat has been hosted at Frankfurt School of Finance & Management (FS) since January 1, 2026.

The Global Shield supports countries vulnerable to the impacts of climate and natural disasters in strengthening Climate and Disaster Risk Financing and Insurance (CDRFI) systems through structured country processes, including stock takes, gap analyses and Requests for Support. A strong demand for risk transfer solutions and for access to the insurance industry’s risk capabilities is evident in countries working with the Global Shield.

To facilitate this, the Global Shield Secretariat and the Insurance Development Forum (IDF) are establishing a partnership intended to strengthen structured and transparent private sector engagement while preserving neutrality and open competition.The partnership will help ensure that countries can access insurance and risk transfer expertise in a way that supports open competition, responsible market development and long-term financial resilience.

The partnership seeks to bridge the gap between country demand and market delivery by supporting public private partnerships , strengthening enabling environments for insurance and risk transfer markets, and assisting local insurance market development.

Within this framework, Frankfurt School seeks to recruit an individual consultant to support implementation of activities under Pillar I – Translating country demand into market delivery, with a focus on supporting  industry engagement in Global Shield countries and providing guidance for governments on how to access industry capacity.

The consultant will develop a knowledge product capturing lessons learned from previous private sector participation in public private partnerships, design a practical toolkit to support Global Shield countries in understanding insurance industry capabilities  and risk transfer solutions to enhance climate resilience and organise targeted dissemination and engagement activities to increase awareness of opportunities for industry participation. The assignment will be implemented in close coordination with the Global Shield Secretariat and IDF Secretariat and in accordance with established principles of neutrality, transparency and open procurement.

2.2 Objectives

Overall Objective

To strengthen structured, transparent and market-neutral engagement between Global Shield countries and private sector actors by improving how countries can access insurance and risk transfer expertise in a way that supports open competition, responsible market development and long-term financial resilience.

Specific Objectives

1. Increase visibility and understanding across theInsurance Development Forum’s network of insurers, reinsurers, brokers, international organisations, development partners and technical working groups, as well as in local insurance markets, of opportunities arising from Global Shield Requests for Support and live public tenders in Global Shield countries through workshops, information sessions and dissemination activities .

2. Develop and disseminate a knowledge product capturing lessons learned and emerging good practices from public private partnerships

3. Support public private partnerships in responding to Global Shield Requests for Support, through facilitating new partnerships and supporting public sector resource mobilisation.

4. Develop a practical toolkit that supports governments to better understand insurance market capabilities, navigate access to risk transfer solutions, and assess key internal considerations when procuring insurance.

5. Contribute to implementation of the GS & IDF partnership through practical outputs that strengthen pre-competitive collaboration while maintaining neutrality, transparency and open competition principles.

2.3 Scope of Work / Deliverables

Task 1 -  Support industry engagement in Global Shield countries

Task 2: Develop knowledge product on public private partnerships:  Lessons learned and emerging good practices  

Task 3 - Develop toolkit to support governments to better understand insurance market capabilities, navigate access to risk transfer solutions, and assess key internal considerations when procuring insurance

For the contracting period from the 3 August 2026 to 19 February 2027 the contractor will submit a timeline with milestones to be achieved by certain dates during the contract term. Any delays, or inability to fulfil such milestones must be communicate immediately to the FS.  

2.4 Duration & Location

• Duration:  3 August 2026 – 19 February 2027 - Up to 130 working days over the contract period (equivalent to approximately 90% level of effort). Actual distribution of days may vary depending on delivery milestones and stakeholder engagement requirements.

• Location: Remote, with participation in up to three physical events/workshops in London or Frankfurt.

2.5 Reporting & Supervision

• Reports to: GS Sec Senior Advisor

• Coordination with: Global Shield Secretariat and IDF Secretariat

• Progress reporting frequency: Monthly progress updates and milestone-based reporting

• Submission format for deliverables: Deliverables submitted electronically in various editable formats including word, PowerPoint and PDF. 

2.6 Eligibility Criteria

Minimum mandatory criteria to submit a bid:

Applicants must demonstrate the following qualifications and experience:

Education

• Advanced university degree (master’s level or equivalent) in public policy, economics, finance, insurance, international development, public administration, procurement, law, climate policy, business administration or another relevant discipline.

Professional Experience

• Minimum 10 years of progressively responsible professional experience in at least one of the following areas:
  • public procurement and tendering processes;
  • insurance and risk transfer;
  • climate and disaster risk financing and insurance (CDRFI);
  • financial sector development;
  • public–private partnerships; and/or
  • international development cooperation.
• Demonstrated experience designing and delivering knowledge products, guidance documents, toolkits and analytical publications for government, development or private sector audiences.
• Demonstrated experience facilitating multi-stakeholder consultations, workshops and knowledge exchange processes involving public and private sector actors.
• Demonstrated experience conducting qualitative research, including stakeholder interviews, comparative analysis and synthesis of findings into practical recommendations.
• Proven experience engaging with governments, development finance institutions, international organisations and/or private sector actors in emerging markets and developing economies (EMDEs).

Technical Competencies

• Strong understanding of public procurement processes and mechanisms for engaging private sector actors in public tenders.
• Familiarity with sovereign risk transfer, insurance markets, climate resilience, financial protection instruments or related areas is highly desirable.
• Experience developing practical tools and frameworks that support implementation and decision-making.

Languages

• Excellent written and spoken English (required).
• Additional language skills relevant to Global Shield countries would be considered an asset.

Availability

• Availability to deliver the assignment between 3 August 2026 and 19 February 2027, with an estimated level of effort of up to 130 working days.

Applicants must verify their eligibility for this opportunity using Annex 1 as the required template and their Technical Proposal.

The applicant needs to provide the CV of the expert forseen to provide the services. The CV must cover:

• Full name and contact details

• Education and professional qualifications

• Detailed employment history (company/role/dates)

• Relevant assignments and outputs (with client references: name, email addresses or phone number)

• Language skills and availability

• At least two professional references (name, position, contact)

(CVs shall be submitted using the format as in Annex 2)

4.1 Technical and Financial Proposal

Please complete Annex 3.

The offer should be valid for a minimum of 30 calendar days.

Please show VAT separately (if applicable). Financial proposals should be in EUR.

4.2 Submission Instructions

• Submit electronic copies to:opportunities@fs.de

• Submission deadline: 24 July 2026 18.00 CEST 

• Clarification requests: contact opportunities@fs.de.  Any questions on the ToR must be submitted 2 business days before the end of the deadline.

4.3 Evaluation Criteria & Weighting

Submissions will be evaluated in consideration of the following evaluation criteria:  

To qualify for financial evaluation, the proposal must achieve a minimum technical score of 49 points (70%). The financial offer will account for a maximum of 30 points. The financial score = (lowest financial score amongst the tenderers / financial score of the tender being considered) x 30