Award

ORS Insurance Services

THE INSOLVENCY SERVICE

This public procurement record has 1 release in its history.

Award

12 Dec 2025 at 14:23

Summary of the contracting process

The Insolvency Service, based in London, has completed a procurement process for "ORS Insurance Services," focusing on insurance and brokerage services for properties and assets. This process falls under the "Financial and insurance services" category and involves a selective procurement method through a call-off from a framework agreement. The tender, identified by "TIS0810," has an awarded value of £2,800,000 and commenced its contract period on 1st December 2025, lasting until 1st December 2027. Notably, the award was confirmed on 28th November 2025, and later published on 12th December 2025, with Marsh Limited, a large-scale supplier, being contracted to deliver the services within the UK.

This tender represents significant opportunities for businesses engaged in the financial and insurance services sector, particularly those capable of managing large-scale insurance portfolios and asset coverage. Although the call-off was from a framework agreement, businesses wanting to engage in future procurements of similar nature should consider establishing their presence within such frameworks. Companies of considerable scale, like Marsh Limited, that focus on providing comprehensive insurance and brokerage solutions, are well-positioned to benefit from such public procurement contracts. Additionally, firms that specialise in asset realisation and management might find collaboration opportunities to further enhance their service offerings.

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How relevant is this notice?

Notice Title

ORS Insurance Services

Notice Description

Insurance and brokerage services, for properties and assets. The OR must ensure that all assets which cannot be realised or disposed of immediately are adequately insured.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bd1697b8-0db1-4b12-874c-033a6e7f1a16
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/47090461-77dc-4fab-8fe6-047000a57c0a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£2,800,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,800,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Dec 20255 months ago
Submission Deadline
15 Aug 2025Expired
Future Notice Date
Not specified
Award Date
28 Nov 20255 months ago
Contract Period
1 Dec 2025 - 1 Dec 2027 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE INSOLVENCY 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
LONDON
Postcode
SW1P 2HT
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

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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