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18-080 Insurance Services for underwritting policy/cover

Rotherham Metropolitan Borough Council

This public procurement record has 1 release in its history.

Award

20 Mar 2019 at 09:24

Award Notice
Summary of the contracting process

Rotherham Metropolitan Borough Council is awarding a tender for the "18-080 Insurance Services" project, focusing on financial and insurance services within the Yorkshire and the Humber region. This contract, valued at £3,597,289, encompasses underwriting insurance services and will run from February 28, 2019, to February 27, 2024. The tender process followed an open procedure, with the initial tender period concluding on December 20, 2018. The award has been announced as complete, marking the transition to the implementation stage.

This procurement presents significant opportunities for insurance firms and service providers in financial management, particularly small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Businesses specialising in underwriting, claims handling, and related insurance services would be particularly well-suited to participate. The diverse nature of the lots awarded allows for competition among various service offerings, from property damage to personal accident insurance, fostering growth in a competitive sector.

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Notice Information

Notice Title

18-080 Insurance Services for underwritting policy/cover

Notice Description

Rotherham Metropolitan Borough Council has awarded contracts for the provision of underwriting insurance services, including claims handling, but excluding broker services. This was for all Lots 1 to 7 as detailed within the ITT. Lot 8 Engineering Inspections was not awarded

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-14b74634-a82c-4096-905b-ee58e9204e5d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ef979812-94e5-4dfe-a230-837395562217
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£3,597,289 £1M-£10M
Lots Value
Not specified
Awards Value
£3,597,289 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 20197 years ago
Submission Deadline
20 Dec 2018Expired
Future Notice Date
Not specified
Award Date
19 Feb 20197 years ago
Contract Period
28 Feb 2019 - 27 Feb 2024 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Rotherham Metropolitan Borough Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ROTHERHAM
Postcode
S60 1AE
Postcode Area
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE34 Rotherham
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Rotherham
Electoral Ward
Boston Castle
Westminster Constituency
Rotherham

Supplier Information

Number of Suppliers
7
Supplier Names

Travelers Ins Co Ltd

QBE Europe Limited via Risk Management Partners

QBE Europe Ltd via Risk Management Partners

QBE Europe Limited with Risk Management Partners

HSB Engineering Insurance Ltd with Risk Management Partners

Chaucer Syndicate 1084 in Lloyds with Risk Management Partners

AIG Europe Ltd with Risk Management Partners

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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