This public procurement record has 2 releases in its history.

AwardUpdate

15 May 2026 at 13:06

Award

08 Apr 2026 at 09:22

Summary of the contracting process

The procurement process for "Tranche 11 Political Credit Risk Lot 2 Call-off" was initiated by UK Export Finance, located at 1 Horse Guards Road, London. This selective procurement, utilising a call-off from a framework agreement, is classified under insurance services with a CPV code of 66510000. With the tender status marked as complete, the contract spans from 10 March 2026 to 10 June 2035 across the United Kingdom. The award was updated on 15 May 2026, with the tender period having ended on 15 January 2026. The total contract value amounts to £8,788,533.46.

This tender offers significant opportunities for firms specialising in insurance services that can operate at scale due to its extensive contract period and substantial value. Well-established insurance providers will find this tender particularly attractive, given the selective procurement method and the requirement for a broad consortium of suppliers. With the contract awarded to multiple large-scale insurance entities, businesses with strong partnerships and experience in political credit risk insurance will be well-placed to benefit from such procurement initiatives. The involvement of multiple insurers, including AON UK Limited, highlights an opportunity for industry leaders to expand their portfolio and reinforce their market position through strategic collaborations.

How relevant is this notice?

Notice Title

Tranche 11 Political Credit Risk Lot 2 Call-off

Notice Description

Facultative insurance call-off from a UKEF framework. Payment made through broker to multiple insurers.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0f2671a6-a219-49a2-b419-074282cbd907
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1f42b5f0-1d38-4b4b-a15f-83632b9a8e44
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£8,788,533 £1M-£10M
Lots Value
Not specified
Awards Value
£8,788,533 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 May 20261 months ago
Submission Deadline
15 Jan 2026Expired
Future Notice Date
Not specified
Award Date
10 Mar 20263 months ago
Contract Period
10 Mar 2026 - 10 Jun 2035 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK EXPORT FINANCE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2HQ
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
14
Supplier Names

AMERICAN INTERNATIONAL GROUP

AON

ASCOT UNDERWRITING

AXA XL INSURANCE

CANOPIUS MANAGING AGENTS

CHUBB EUROPEAN GROUP

COMPAGNIE FRANCAISE D'ASSURANCE POUR LE COMMERCE EXTÉR

ENDURANCE WORLDWIDE INSURANCE

EULER HERMES UK, A BRANCH OF EULER HERMES SA(NV

HDI GLOBAL SPECIALTY

LIBERTY MANAGING AGENCY

MS AMLIN

SWISS RE INTERNATIONAL SE, UK BRANCH

TALBOT UNDERWRITING

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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