Award

Supplementary Insurances 2025/26

SHEFFIELD CITY COUNCIL

This public procurement record has 1 release in its history.

Award

03 Apr 2025 at 14:42

Summary of the contracting process

Sheffield City Council has completed the procurement process for the "Supplementary Insurances 2025/26" contract, classified under the insurance services category (CPV code 66510000). The process involved acquiring several low-value ad hoc insurance policies including Asbestos Liability, Excess Layer on Public Liability/Employers Liability and Motor, and Directors and Officer Cover. The procurement, which covered the Yorkshire and the Humber region, commenced on 1st April 2025 and will run until 31st March 2026. The total contract value is £103,150, and the award stage concludes the procurement with the announcements made on 3rd April 2025. The insurance cover is provided by AIG UK ltd, Chubb European Group SE, and Probitas (Lloyds) via Direct Insurance.

This tender represents a significant opportunity for businesses within the insurance sector to expand their portfolio by providing specialised insurance services outside of standard mandatory provisions. Companies that specialise in niche insurance products such as asbestos liability and high-value public liability coverage may find this particularly beneficial. Moreover, large-scale insurance firms or those looking to establish a robust presence in the Yorkshire and the Humber region could gain considerable business growth through contracts with local councils, such as Sheffield City Council. Suitability for this procurement has been explicitly tailored to larger organisations rather than SMEs or VCSEs, indicating the need for substantial capacity and capability.

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Notice Title

Supplementary Insurances 2025/26

Notice Description

The Council has an ongoing requirement for several low value ad hoc insurance policies to cover items outside the scope of our overarching mandatory insurance provision. These are: * Asbestos Liability * Excess Layer on Public Liability / Employers Liability and Motor * Directors and Officer Cover

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-60970808-af30-4922-a0ff-32bfa6f9585c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/19b4a526-3148-41e0-94f2-b69e69393a6b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
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
Not specified
Lots Value
Not specified
Awards Value
£103,150 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Apr 202510 months ago
Submission Deadline
24 Mar 2025Expired
Future Notice Date
Not specified
Award Date
2 Apr 202510 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
SHEFFIELD 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
SHEFFIELD
Postcode
S1 2HH
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
3
Supplier Names

AIG

CHUBB EUROPEAN GROUP

PROBITAS (LLOYDS) VIA DIRECT INSURANCE

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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