Corporate Insurance Brokers

Concepts

• insurance and pensions
• suitable insurance
• insurance options
• insurance companies
• the right insurance policies
• insurance broker
• the following insurance policies
• corporate insurance brokers
• insurance
• brokers

Location

Description

London Councils is looking to appoint an Insurance Broker to act as an intermediary between London Councils and insurance companies, to find and secure the right insurance policies to meet our specific needs. The service from 01 April 2025 provided will be typically: • assess the business needs; • find suitable insurance; • present the with insurance options, demonstrating value for money; • negotiate terms; • provide advice; • provide claims assistance; and • any other adhoc support. Having regard to London Councils requirements (as set out in the Invitation to Tender), the following insurance policies, are required for the period 01 April 2025 to 31 March 2026: • Commercial Combined. • Management Liability (Directors & Officers). • Employment Practices Liability. • Fidelity Guarantee (Commercial Crime). • Group Travel Insurance. • Libel & Slander (Professional Indemnity). • Cyber Insurance. Submissions must be sent to Tenders@Londoncouncils.gov.uk

CPV Codes

• 66500000 - Insurance and pension services

Indicators

• Contract is suitable for SMEs.

Other Information

THE MINIMUM VALUE INCLUDED OF £150,000 IS A GUIDE BUDGET OF TOTAL COSTS OVER THE FOUR YEAR PERIOD. THIS IS AN ESTIMATE FIGURE Invitation to Tender Invitation to Tender - Insurance Brokers.pdf Tender Submission Document to be completed by bidders Tender Submission Document - Insurance Brokers.docx