Insurance Services (excluding Brokers)

A Contract Award Notice
by UNIVERSITY OF SUNDERLAND

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£4M
Sector
BUSINESS
Published
15 Aug 2023
Delivery
not specified
Deadline
n/a

Concepts

Location

Sunderland, (Tyne and Wear), Canary Wharf (London)

Geochart for 1 buyers and 9 suppliers

1 buyer

5 suppliers

Description

AwardedThe University of Sunderland and its subsidiaries are seeking value for money insurance services from August 2023 from FCA authorised insurance companies or discretionary mutuals. Policy cover is being sought for the following insurancesProperty damage Combined liabilityProfessional Negligence Motor FleetCrimeEngineering InspectionManagement LiabilityComputerPersonal Accident and TravelThe cover is expected to commence August 2023 to July 2026 (with up to 2 x 1 year extensions taking it to a possible July 2028). The overall contract value is estimated at GBP £1,500,000 to £2,000,000 over 5 years' note there are no guarantees on spend levels. We also reserve the right to spend an additional 75% of the original anticipated value, subject to changes to requirements across the University for the duration of the award.Suppliers who make an Expression of Interest will be asked to complete a confidentiality agreement prior to the tender documents being released

Lot Division

1 Property Damage including Material Damage, Business Interruption, Works in Progress, Money

Property Damage including Material Damage, Business Interruption, Works in Progress, Money
2 Combined Liability including Employment, Public and Products, Hirers, and Libel and Slander

Combined Liability including: Employment Liability. Public and Product Liability, Hirers Liability and Libel and Slander
3 Professional Negligence including Libel & Slander

Professional Negligence including Libel and Slander
4 Motor Fleet

Motor Fleet
5 Crime

Crime
6 Engineering Inspection

Engineering Inspection
7 Management Liability

Management Liability
8 Computer Insurance

Computer insurance
9 Personal Accident and Travel

Personal Accident and Travel

Award Detail

1 Cna Insurance (Birmingham)
  • Property Damage including Material Damage, Business Interruption, Works in Progress, Money
  • Reference: 023956-2023-insurance-1
  • Value: £3,500,000
2 Zurich Municipal (Farnborough)
  • Combined Liability including Employment, Public and Products, Hirers, and Libel and Slander
  • Reference: 023956-2023-insurance-2
  • Value: £3,500,000
3 Zurich Municipal (Farnborough)
  • Professional Negligence including Libel & Slander
  • Reference: 023956-2023-insurance-3
  • Value: £3,500,000
4 Zurich Municipal (Farnborough)
  • Motor Fleet
  • Reference: 023956-2023-insurance-4
  • Value: £3,500,000
5 Zurich Municipal (Farnborough)
  • Crime
  • Reference: 023956-2023-insurance-5
  • Value: £3,500,000
6 British Engineering Services (Warrington)
  • Engineering
  • Reference: 023956-2023-insurance-6
  • Value: £3,500,000
7 Rsa Insurance Group (London)
  • Management Liability
  • Reference: 023956-2023-insurance-7
  • Value: £3,500,000
8 Aviva Insurance (Newcastle upon Tyne)
  • Computer Insurance
  • Reference: 023956-2023-insurance-8
  • Value: £3,500,000
9 Rsa Insurance Group (London)
  • Personal Accident and Travel
  • Reference: 023956-2023-insurance-9
  • Value: £3,500,000

Award Criteria

Qualitative 50
Costs 50

CPV Codes

  • 66510000 - Insurance services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains