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Provision of Insurance and related services to Torus62 Limited

Torus62 Limited

This public procurement record has 1 release in its history.

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09 Jan 2026 at 15:40

Award Notice
Summary of the contracting process

The procurement process for the "Provision of Insurance and related services to Torus62 Limited" has been completed under a selective procurement method known as a negotiated procedure. Torus62 Limited, located in Merseyside, UK, acted as the buying organisation. The contract, valued at £16 million, is classified under the industry category of insurance services and encompasses delivery to several locations, including the British Overseas Territories, Channel Islands, Isle of Man, Europe, UK, and other regions worldwide. The tender period ended on 27th November 2025, with the contract period running from 28th November 2025 to 27th November 2028. Key dates include the award date on 27th November 2025 and the contract's publication date on 9th January 2026.

This tender represents a significant opportunity for large-scale insurance service providers with strong international delivery capabilities. By engaging in this major contract, successful bidders such as Arthur J. Gallagher Insurance Brokers Ltd and Jensten Insurance Brokers (London and SE) Ltd have leveraged opportunities for substantial business growth and market expansion. Companies well-versed in delivering comprehensive insurance solutions across diverse geographical regions would find ventures such as this particularly beneficial for establishing a robust international presence and driving further business development. While SMEs and VCSEs are not specifically targeted, large enterprises in the insurance sector are prime candidates to compete for similar opportunities in the future.

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Notice Information

Notice Title

Provision of Insurance and related services to Torus62 Limited

Notice Description

Provision of Insurance and related services to Torus62 Limited

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8eb56ee0-30d4-4c98-a9a3-02e5f52a60a6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9b572f8d-dc98-457b-9386-0e40cf9ef32d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
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
£16,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£14,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jan 20267 months ago
Submission Deadline
27 Nov 2025Expired
Future Notice Date
Not specified
Award Date
27 Nov 20259 months ago
Contract Period
28 Nov 2025 - 27 Nov 2028 3-4 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
Torus62 Limited
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MERSEYSIDE
Postcode
WA9 1LD
Postcode Area
Warrington
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD71 East Merseyside
Delivery Location
Not specified
Local Authority
St. Helens
Electoral Ward
Peasley Cross & Fingerpost
Westminster Constituency
St Helens South and Whiston

Supplier Information

Number of Suppliers
2
Supplier Names

Arthur J Gallagher Ltd

Jensten Insurance Brokers (London and SE) Ltd

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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