Award

The Provision of Insurance - Casualty Insurance - Excess Layer 3 (PS25m over PS100m)

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

14 Apr 2025 at 11:44

Summary of the contracting process

Hampshire County Council has completed the procurement process for the provision of casualty insurance, specifically an excess layer insurance with a coverage of £25 million over £100 million. This tender, classified under CPV code 66516000, relates to liability insurance services and aims to enhance the Council's existing insurance cover. The contract, awarded to Allied World Assurance Company, covers various liabilities including public, products, employers', and pollution liability, with a primary focus on protection against third-party claims. The procurement method used was a competitive quotation below the threshold, and the contract period runs from 1st April 2025 to 31st March 2026, with services delivered to the Hampshire County Council's address in Winchester (SO23 8UJ).

This tender presents significant business growth opportunities for large-scale insurance providers specializing in public sector liability coverage. The comprehensive nature of the insurance requirements aligns with the capabilities of firms experienced in handling multifaceted risk portfolios, especially in the public sector. Companies experienced in managing high-value coverage and possessing a robust track record in public and products liability, employers' liability, and pollution liability, will find this contract well-suited to their expertise. Additionally, the limited procurement method suggests a highly competitive process, favouring businesses capable of delivering cost-effective and extensive coverage solutions.

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Notice Title

The Provision of Insurance - Casualty Insurance - Excess Layer 3 (PS25m over PS100m)

Notice Description

Casualty Excess Layer Insurance is a commercial Insurance Policy purchased to increase Hampshire County Council's limits of liability over the primary insurance cover of PS50million, to provide appropriate indemnity for the County Council's risks. This insurance is on a Combined Liability basis and consists of Public and Products Liability, Employers' Liability and Pollution Liability and provides insurance against third party claims for injury, damage to property and financial loss arising from activities as a County Council. This includes claims against the County Council arising from the use of the Highways.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4a5f32f7-5fea-4373-a9a4-5010d5ebe657
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/79a568a6-af12-41c3-be4e-c077fa066d4b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66516000 - Liability insurance services

Notice Value(s)

Tender Value
£39,760 Under £100K
Lots Value
Not specified
Awards Value
£39,760 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Apr 202510 months ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
30 Mar 202511 months ago
Contract Period
31 Mar 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HAMPSHIRE COUNTY 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
WINCHESTER
Postcode
SO23 8UJ
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
Not specified

Local Authority
Winchester
Electoral Ward
St Michael
Westminster Constituency
Winchester

Supplier Information

Number of Suppliers
1
Supplier Name

ALLIED WORLD ASSURANCE COMPANY (EUROPE) DESIGNATED ACTIVITY COMP

Further Information

Notice Documents

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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