Provision of Insurance - Professional Indemnity (Property Services)

HAMPSHIRE COUNTY COUNCIL

There is 1 contract in this contracting process.

Summary of the contracting process

Hampshire County Council has successfully completed the procurement process for Professional Indemnity Insurance in the Property Services category. The contract, awarded to CNA Insurance Company Limited, covers the period from 1st April 2025 to 31st March 2026 and is valued at £69,552. The procurement method used was a limited competitive quotation, as the value was below the threshold. Key dates include the tender period ending on 27th March 2025 and the award date on 31st March 2025. The council is located in Winchester, Hampshire, with the postal code SO23 8UJ. The industry category for this tender is professional liability insurance services.

This contract provides significant business growth opportunities for companies specialising in insurance, particularly those offering professional indemnity coverage for public services. Large-scale businesses with capacity to meet the specific insurance requirements of a governmental entity are well-positioned to compete for such contracts. By engaging in this procurement, suppliers can establish long-term relationships with Hampshire County Council, leading to potential future contracts and enhanced reputation within the public sector. This tender is an example of the opportunities available for businesses to secure lucrative, stable governmental contracts.

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Provision of Insurance - Professional Indemnity (Property Services)

HAMPSHIRE COUNTY COUNCIL

Contract Timeline

Publication Date

14th April 2025 12:30:08 PM
Contract Summary

Professional Indemnity insurance is a specialised branch of liability insurance which is most commonly purchased as a stand-alone policy. Professional Indemnity insurance provides liability cover against third party claims for financial loss, damage or injury arising from a breach of professional duty, negligent acts, errors or omissions of Hampshire County Council in its professional capacity.
Contract Details

Open Contracting ID

ocds-b5fd17-e6339008-3464-4689-9ea3-0700fbf63347

Publication Source

Contracts Finder

Procurement Stage

Award

Procurement Method

Limited

Procurement Method Details

Competitive Quotation (below Threshold)

Procurement Category

Services

Tender Suitability

Framework / DPS
Contract Classification

CPV Code(s)

66516500

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

HAMPSHIRE COUNTY COUNCIL

Buyer Name

Buyer Email

insurance.queries@hants.gov.uk

Buyer Phone

Buyer Address

The Castle

WINCHESTER

SO23 8UJ

England
Awarded Supplier(s)

Supplier Name(s)

CNA INSURANCE COMPANY LIMITED

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Provision of Insurance - Professional Indemnity (Property Services)

HAMPSHIRE COUNTY COUNCIL

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)