Insurance brokerage and agency services | Tenderlake

Insurance brokerage and agency services

Contract Value:
GBP 7M -
Notice Type:
Contract Notice
Published Date:
26 November 2021
Closing Date:
11 January 2022
Location(s):
UK UNITED KINGDOM
Description:
Insurance Brokerage Services Framework

This Invitation To Tender (“ITT”) has been issued by the Offshore Renewable Energy Catapult (“The Authority”) as collaboration lead on behalf of the Catapult Network, the Active Building Centre Co. Ltd, Agri-Tech Centres, Vaccines Manufacturing & Innovations Centre (UK) Ltd (VMIC), UK Battery Industrialisation Centre (UKBIC), Glass Futures and their Trading Subsidiaries (collectively, the “Buying Authorities”) to establish an Insurance Brokerage Services Framework Agreement, as part of a competitive procurement exercise in accordance with the "Open" procedure for tendering under the Public Contracts Regulations 2015 (as amended from time to time).

The Authority has undertaken an assessment of the ongoing requirements under this Framework and has deemed it to be suitable for division into the following three (3) lots:

• Lot 1 - Offshore Renewable Energy Catapult only (Single Supplier Contract)

• Lot 2 - CPI (The Centre for Process Innovation Limited) (Single Supplier Contract)

• Lot 3 - All Catapult Centres and Trading Subsidiaries (Single Supplier Framework)

Submissions shall be accepted for any one, combination of, or all of the above Lots.


Offshore Renewable Energy Catapult only (Single Supplier Contract)

The Broker shall be required to provide all the Service requirements listed below. Further details of the individual requirement is provided at Appendix 4 of the ITT documentation.

• Core brokerage service;

• Risk management;

• Claims handling;

• Insurance administration;

• Other support services.


CPI (The Centre for Process Innovation Limited) (Single Supplier Contract)

The Broker shall be required to provide all of the Service requirements listed below. Further details of the individual requirement is provided at Appendix 4 of the ITT Documentation.

• Core brokerage service;

• Risk management;

• Claims handling;

• Insurance administration;

• Other support services.


All Catapult Centres and Trading Subsidiaries (Single Supplier Framework)

The Buying Authority may have requirements for the provision of any or all of the Services as described at Appendix 4 of the ITT Documentation.

One (1) suitable capable Broker will be appointed to Lot 3.

The Brokerage Service may be required at any of the Buying Authorities detailed in Section 1.

As each of the Buying Authorities will have a different range of requirements, the Broker may need to vary the service provision according to the Buying Authority’s needs either by variation to the original service or by taking on new services whatever they may be, provided they are “reasonable” and fall within the overall scope of what the Broker would reasonably be expected to deliver under the terms of this Lot 3 Framework Agreement.

Insurance programmes for other Buying Authorities are summarised in Appendix 7.

The Buying Authority will confirm at Call-Off Agreement stage which of the Services they require.

Download full details as .pdf
The Buyer:
Offshore Renewable Energy Catapult
CPV Code(s):
66510000 - Insurance services
66518000 - Insurance brokerage and agency services