Award

Liability and Liability Claims Handling excluding Broker Services or submissions via a Broker

CITY OF LONDON CORPORATION

This public procurement record has 1 release in its history.

Award

19 Jun 2017 at 09:36

Summary of the contracting process

The City of London Corporation has completed a tender for "Liability and Liability Claims Handling excluding Broker Services or submissions via a Broker," which falls under the category of liability insurance services. Located in London, this procurement process focused on providing combined Employers and Public & Products Liability insurance along with claims handling services. The tender period concluded on 15 March 2017, while the contract took effect on 24 June 2017, running until 23 June 2021. The total estimated value of the contract is £984,000, with a specific award amount of £771,452 allocated to the successful supplier, Risk Management Partners.

This tender presents significant business opportunities for insurance firms and service providers specialising in liability insurance frameworks. Companies offering professional and general liability insurance services, particularly those adept in managing claims for local authorities, police authorities, or charities, could find this contract to be within their realm of expertise. Small and medium-sized enterprises (SMEs) may particularly benefit from this contract, given their suitability for the tender, thereby expanding their market reach within the public sector.

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Notice Title

Liability and Liability Claims Handling excluding Broker Services or submissions via a Broker

Notice Description

The Tender is presented as one Lot for combined Employers and Public & Products Liability (including Libel and Slander) insurance with claims handling services. The insurance and associated services must cover the usual activities of the insured as a Local Authority, Police Authority, Port Health Authority, Property Investor, and Charity.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-da651b1b-7b2c-4aa9-acaa-ce7d9c36d116
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3fa702cd-e96d-4439-bcbb-cc5f89e8f982
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

Notice Value(s)

Tender Value
£984,000 £500K-£1M
Lots Value
Not specified
Awards Value
£771,452 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jun 20178 years ago
Submission Deadline
15 Mar 2017Expired
Future Notice Date
Not specified
Award Date
8 Jun 20178 years ago
Contract Period
23 Jun 2017 - 23 Jun 2021 4-5 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
CITY OF LONDON CORPORATION
Contact Name
Scott David
Contact Email
david.scott@cityoflondon.gov.uk
Contact Phone
020 7332 3629

Buyer Location

Locality
LONDON
Postcode
EC2P 2EJ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London

Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

RISK MANAGEMENT PARTNERS

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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