Insurance services | Tenderlake

Insurance services

Contract Value:
-
Notice Type:
Contract award notice
Published Date:
22 June 2023
Closing Date:
Location(s):
UK UNITED KINGDOM
UKI LONDON (UK UNITED KINGDOM)
Description:
Insurance and Related Services for The Guinness Partnership

The Guinness Partnership require insurance related services for the following areas:

Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks

Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)

Lot 3 - Insurance and related services associated with Cyber risks

Lot 4 - Insurance and related services associated with Terrorism Risks

Potential suppliers must make costed proposals for insurance arrangements which meet our insurance, risk management and servicing needs in the most appropriate and cost-effective way.

Minimum Requirements

Bidders must be able to meet the following minimum requirements:

• the financial ability to deliver the programme, including insurers with a minimum rating of “B++” from Standard & Poor, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee.

• the ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options

• a skilled and competent service team, which includes client relationship management, insurance claims management, insurance broking / underwriting and insurable risk managers

• the delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose

Full Service Specification for all Lots can be found in Section 4 Specification of the 'Draft ITT Main Body' Document available with this Contract Notice

Estimated annual value for all LOTs is £8.675m per annum.

The Guinness Partnership require insurance related services for the following areas:

Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks

Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)

Lot 3 - Insurance and related services associated with Cyber risks

Lot 4 - Insurance and related services associated with Terrorism Risks

Awarded to:
Insurance and related services for Motor vehicle risks
Marsh Limited, London (UK)
Insurance and related services associated with Cyber risks
Weald Insurance Brokers Ltd, East Grinstead (UK)
Insurance and related services associated with Terrorism Risks
Weald Insurance Brokers Ltd, East Grinstead (UK)
Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
Zurich Insurance PLC, Fareham (UK)
Download full details as .pdf
The Buyer:
The Guinness Partnership Ltd
CPV Code(s):
66510000 - Insurance services
66514110 - Motor vehicle insurance services
66515200 - Property insurance services