Insurance and Related Services for The Guinness Partnership

A Tender Notice
by THE GUINNESS PARTNERSHIP LTD

Source
Find a Tender
Type
Contract (Services)
Duration
3 year
Value
£-£43M
Sector
BUSINESS
Published
10 Oct 2022
Delivery
01 Jun 2023 to 31 May 2026
Deadline
09 Nov 2022 15:00

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

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.

Lot Division

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

A programme of General (non-life) insurance and related services for The Guinness Partnership. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners' liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of The Guinness Partnership. This Lot excludes: Motor (See Lot 2), Cyber (See Lot 3), Terrorism (See Lot 4) Additional information: The Guinness Partnership is looking to award to one supplier for this LOT to deliver the required services to The Guinness Partnership and its Subsidiaries.

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

Insurance and related services for motor vehicle risks (possibly including motor legal expenses and occasional business use extensions). Additional information: The Guinness Partnership is looking to award to one supplier for this LOT to deliver the required services to The Guinness Partnership and its Subsidiaries.

3 Insurance and related services associated with Cyber risks for The Guinness Partnership

Insurance and related services associated with Cyber risks for The Guinness Partnership.

4 Insurance and related services associated with Terrorism Risks for The Guinness Partnership

Insurance and related services associated with Terrorism risks for The Guinness Partnership

Renewal Options

The Guinness Partnership will consider entering into long term agreements with the successful bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Award Criteria

Quality - Price is not the only award criterion and all criteria are stated only in the procurement documents 40
price 60

CPV Codes

  • 66510000 - Insurance services
  • 66513100 - Legal expenses insurance services
  • 66513200 - Contractor's all-risk insurance services
  • 66515100 - Fire insurance services
  • 66515200 - Property insurance services
  • 66515410 - Financial loss insurance services
  • 66515411 - Pecuniary loss insurance services
  • 66516400 - General liability insurance services
  • 66516500 - Professional liability insurance services
  • 66517300 - Risk management insurance services
  • 66518000 - Insurance brokerage and agency services
  • 66514110 - Motor vehicle insurance services
  • 66516100 - Motor vehicle liability insurance services
  • 66515000 - Damage or loss insurance services
  • 66516000 - Liability insurance services
  • 66000000 - Financial and insurance services

Indicators

  • Restrictions apply to the lot award allocation.
  • This is a recurring contract.
  • Options are available.
  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement. Bidders should note that for reasons of confidentiality, full tender information will be made available only to those bidders that are selected to proceed to the ITT Stage. Sufficient detail is provided within this Notice, the SQ and via the Authority's e-procurement portal to enable the Bidder to decide whether or not to participate in this process. At the ITT stage, all respondents will be required to detail their proposed insurance wordings and provide details of relevant experience of all account servicing, claims handling and risk management staff.

Reference

Domains