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Insurance and Related Services 3

Crown Commercial Service

This public procurement record has 1 release in its history.

Award

10 Mar 2020 at 08:45

Award Notice
Summary of the contracting process

The procurement process involves the Crown Commercial Service as the buying organisation for the "Insurance and Related Services 3" framework, which is categorised under insurance services. This framework, worth £400 million, is designed to provide brokerage and claims handling services across the UK public sector. The contract commenced on February 11, 2020, and will be active until February 10, 2024. The tender was completed on March 10, 2020, and followed an open procurement method, with the tender period concluding on October 11, 2019.

This tender offers significant opportunities for businesses, particularly in the insurance and brokerage sectors, as it allows access to servicing a broad range of public sector clients, expanding their market reach. Companies with capabilities in insurance services, especially small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs), will find this tender particularly relevant. The inclusion of a variety of providers in the awarded contracts suggests a competitive landscape where diverse offerings can thrive, presenting an excellent avenue for growth and collaboration in public sector engagements.

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Notice Information

Notice Title

Insurance and Related Services 3

Notice Description

This Insurance and Related Services 3 (IS3) framework will be let for four years and allow access to brokerage and related services and claims handling and related services for customers across the whole of the UK public sector. There will be up to 15 Brokers awarded to lot 1 and up to 3 providers awarded to lot 2 (lot 2 will be available to the whole of the public sector having previously been restricted to central government in IS2). There will again be a direct award option for brokerage and related services. IS3 will comprise this framework agreement (RM6020) and an associated dynamic purchasing system (RM6138) onto which will be awarded insurance services providers. The lotting structure will be: lot 1 - brokerage and related services,lot 2 - claims handling and related services. CCS insurance agreements have averaged over PS72M per annum in spend since 2016. Over 700 public sector organisations across the UK have used Insurance Services 1 and Insurance Services 2.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-273002cd-1c48-4c48-ae5c-8cce59ff0d9a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f4b1ffeb-06f1-47b3-920e-ea427ad84341
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£400,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£400,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
10 Mar 20206 years ago
Submission Deadline
11 Oct 2019Expired
Future Notice Date
Not specified
Award Date
11 Feb 20206 years ago
Contract Period
11 Feb 2020 - 10 Feb 2024 4-5 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
Crown Commercial Service
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Postcode Area
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
19
Supplier Names

Maven Public Sector

Arthur J Gallagher Ltd

BAI Claims Services Ltd

Brian Johnston (Insurance Brokers) Ltd

CCRS Brokers Ltd

Crawford & Company Adjusters (UK) Limited

Davies Group Limited

FE Protect Ltd

FORUM FINANCE LIMITED

Gallagher Bassett International Limited

GMG Risk Strategies Limited

Griffiths & Armour

Lockton Companies LLP

Marsh Limited

Northern Counties LLP

ARDONAGH SPECIALTY LIMITED

The Risk Factor Limited

Advisory Insurance Brokers Limited

Willis Limited

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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