Insurance Programme - AWARD

A Contract Award Notice
by UNIVERSITY OF CUMBRIA

Source
Contracts Finder
Type
Contract (Services)
Duration
3 year
Value
£176K
Sector
BUSINESS
Published
31 Oct 2024
Delivery
01 Aug 2024 to 31 Jul 2027
Deadline
05 Jun 2024 11:00

Concepts

Location

Geochart for 1 buyers and 4 suppliers

1 buyer

4 suppliers

Description

Provision of Insurance Programme. The University procures its insurance products based upon its assessment and balance of risk, taking into account its legal, moral and financial duties. Along with other University professionals, the Finance Team will report to the Vice Chancellor's Executive regarding internal and external exposures and trends, allowing informed decisions to be made. Since the last tender in 2019 the University have created and developed professional relationships with their insurer providers. This includes with direct insurers on Property, Liability and Motor classes with whom their appointed broker works on a tri-partite basis.

Award Detail

1 Aviva (Norwich)
  • Value: £175,840
2 Nexus Underwriting (London)
  • Value: £175,840
3 Risk Management Partners (London)
  • Value: £175,840
4 Zurich Insurance (Fareham)
  • Value: £175,840

CPV Codes

  • 66510000 - Insurance services

Indicators

  • Contract is suitable for SMEs.

Reference

Domains