Award

PAN2808 - Insurance and Claims Services

LEICESTER CITY COUNCIL

This public procurement record has 1 release in its history.

Award

27 Nov 2024 at 14:28

Award Notice
Summary of the contracting process

Leicester City Council has entered into contracts for the provision of Insurance and Claims Management Services under the tender reference PAN2808. This procurement, classified under the CPV code 66000000 for Financial and insurance services, encompasses various services such as property insurance, general motor fleet, and fine art & museum coverage, among others. The contracts, valued at £11,000,000, were awarded through an open procedure, with the award notice published on 27th November 2024. The awarded contracts start on 1st October 2024 and will run until 30th September 2029. The primary location for this contract is the East Midlands region of the United Kingdom.

This tender presents significant opportunities for growth for businesses specialising in insurance and claims management services. While the procurement process has concluded and awards have been made to Risk Management Partners Ltd and Arthur J Gallagher Nordic AB, similar tenders offer substantial revenue potential for large-scale insurance providers. Businesses with expertise in property, casualty, motor fleet insurance, and niche areas such as fine art insurance are particularly well-suited to compete in such tenders. Engaging with future opportunities in this sector could facilitate expanded market reach and enhanced service portfolios.

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Notice Information

Notice Title

PAN2808 - Insurance and Claims Services

Notice Description

Leicester City Council proposes to enter into one or more Contracts for a maximum period of 60 months with the successful Supplier(s). The Insurance and Claims Management Services have been divided into the following Lots; 1. Property (including Computers, Contract Works, Business Interruption, Money and All Risks) 2. Industrial and Commercial Properties 3. Casualty (Combined Liability) 4. General Motor Fleet 5. Personal Accident & Travel 6. Engineering & Inspection 7. Fine Art & Museums

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-59f97b99-9973-44e0-9dcf-5bdaef807294
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/82acf9b1-e6b3-430b-891d-441d3b4bf220
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
Tender Suitability
Not specified
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
£11,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£9,123,492 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Nov 20241 years ago
Submission Deadline
26 Jul 2024Expired
Future Notice Date
Not specified
Award Date
22 Sep 20241 years ago
Contract Period
30 Sep 2024 - 30 Sep 2029 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
LEICESTER CITY 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
LEICESTER
Postcode
LE1 1FZ
Post Town
Leicester
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF21 Leicester
Delivery Location
TLF East Midlands (England)
Local Authority
Leicester
Electoral Ward
Castle
Westminster Constituency
Leicester South

Supplier Information

Number of Suppliers
2
Supplier Names

ARTHUR J GALLAGHER NORDIC

RISK MANAGEMENT PARTNERS

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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