Award

The Provision of Insurance - Casualty Insurance - Excess Layer 5 (PS25m over PS175m)

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

14 Apr 2025 at 12:03

Summary of the contracting process

Hampshire County Council has completed the procurement process for the provision of casualty insurance - excess layer 5, a procurement classified under liability insurance services (CPV: 66516000). This service relates to increasing the council's limits of liability over its primary insurance cover of £50 million, providing appropriate indemnity against third-party claims for injury, property damage, and financial loss arising from its activities, including highway usage. The contract period begins on 1st April 2025 and ends on 31st March 2026, in Winchester, England. The procurement method used was a competitive quotation below the threshold, and the tender was closed on 31st March 2025.

This tender creates growth opportunities for businesses involved in providing extensive casualty and liability insurance services. Ideal contenders would be companies capable of handling large-scale indemnity and liability requirements, addressing public and products liability, pollution liability, and claims arising from highway usage. Axis Underwriting Limited, a large-scale supplier, was awarded the contract valued at £23,520, marking potential avenues for similar large insurance providers to compete in future procurement processes within the public sector.

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Notice Title

The Provision of Insurance - Casualty Insurance - Excess Layer 5 (PS25m over PS175m)

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 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-be01b19c-5cab-48cc-bf63-b09b1e10fea1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c2b4a726-9986-48a1-baf6-ba642151b065
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
£23,520 Under £100K
Lots Value
Not specified
Awards Value
£23,520 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

AXIS UNDERWRITING

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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