Procurement of General Insurance (excluding broker and administration services)

A Utilities Contract Award Notice
by NORTHERN IRELAND WATER LIMITED

Source
Find a Tender
Type
Contract (Services)
Duration
5 year (est.)
Value
___
Sector
BUSINESS
Published
11 Sep 2023
Delivery
01 Apr 2023 to 31 Mar 2028 (est.)
Deadline
n/a

Concepts

Location

BELFAST

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

Procurement of General Insurance

Lot Division

1 Cyber Insurance GBP 5m / GBP 5m

Cyber Insurance including First Party and Third Party Claims

Award Criteria
Quality of Cover 35.0
Risk Management 10.0
Claims Handling 10.0
Social Value 10.0
PRICE 35.0
2 Terrorism

Property Damage and Business Interruption

Award Criteria
Quality of Cover 35.0
Risk Management 15.0
Claims Handling 15.0
PRICE 35.0
3 Directors & Officers (inc EPL in respect of NI Water Alpha)

Insurance for wrongful act by a Director or Officer and EPL for NI Water Alpha Employees.

Award Criteria
Quality of Cover 35.0
Risk Management 15.0
Claims Handling 15.0
PRICE 35.0
4 Professional Indemnity

Professional Liability in respect of services provided

Award Criteria
Quality of Cover 35.0
Risk Management 15.0
Claism Handling 15.0
PRICE 35.0
5 Pension Trustees Liability

Insurance for wrongful act as a Pension Trustee

Award Criteria
Quality of Cover 35.0
Risk Management 15.0
Claims Management 15.0
PRICE 35.0
6 Computers - NI water Ltd

Accidental Damage, Business Interruption and Recompilation of Data

Award Criteria
Quality of Cover 35.0
Risk Management 15.0
Claims Handling 15.0
PRICE 35.0
7 Computer - Dalriada Water Ltd & NI Water Alpha Ltd

Accidental Damage, Business Interruption and Recompilation of Data

Award Criteria
Quality of Cover 35.0
Risk Management 15.0
Claims Handling 15.0
PRICE 35.0
8 Travel & Personal Accident

Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NIWater Alpha Employees only.

Award Criteria
Quality of Cover 35.0
Risk Management 15.0
Claims Handling 15.0
PRICE 35.0
9 Crime - NI water Alpha only

Insurance for Loss sustained as a direct result of Crime. Cover in respect of NIWater Alpha only.

Award Criteria
Quality of Cover 35.0
Risk Management 15.0
Claims Handling 15.0
PRICE 35.0

Award Detail

1 Unnamed (None)
  • Cyber Insurance GBP 5m / GBP 5m

CPV Codes

  • 66510000 - Insurance services
  • 66516400 - General liability insurance services
  • 66515200 - Property insurance services
  • 66515410 - Financial loss insurance services
  • 66516500 - Professional liability insurance services
  • 66515000 - Damage or loss insurance services
  • 66512000 - Accident and health insurance services

Indicators

  • Options are available.
  • Award on basis of price and quality.

Other Information

Lot 2 was awarded to a Lloyds syndicates facility Lot 3 was awarded to RSA Lot 4 was awarded to AIG Lot 5 was awarded to AIG Lot 6 was awarded to Aviva Lot 7 was awarded to Aviva Lot 8 was awarded to AIG Lot 9 was awarded to RSA Lot's 10 to 23 - LTA's maintained

Reference

Domains