Award

Political Credit Risk Lot 2 Call-off 9b

UK EXPORT FINANCE

This public procurement record has 1 release in its history.

Award

15 May 2026 at 13:33

Award Notice
Summary of the contracting process

UK Export Finance has recently completed a procurement process under the title "Political Credit Risk Lot 2 Call-off 9b," focusing on reinsurance services within the Insurance Services industry category. This process, which follows a selective procurement method known as a call-off from a framework agreement, resulted in a contract valued at £1,732,781.54. The contract's duration extends from 6th March 2025 to 5th March 2032, and the services are to be delivered within the United Kingdom. The procurement stage is at the award phase, with the award being published on 15th May 2026 and the award status currently active. Important past dates include the end of the tender period on 9th January 2025.

This tender provides substantial opportunities for businesses within the large-scale insurance sector to engage in long-term reinsurance provisioning. The involvement of major suppliers such as Endurance Worldwide Insurance Limited, Euler Hermes UK, and others underscores the scope and significance of this contract. Companies specialising in reinsurance services with the capacity to fulfil large, multi-year contracts will find this procurement particularly fitting to expand their portfolio and engage with a reputable government body like UK Export Finance. Although this particular tender is not suited for SMEs or VCSEs, it remains a valuable engagement for large-scale businesses seeking to bolster their market presence.

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Notice Information

Notice Title

Political Credit Risk Lot 2 Call-off 9b

Notice Description

Reinsurance services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f5c69966-4b20-4d95-80a2-ed4c589038a0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f34269bf-b318-4bb6-819d-23b64cfeec22
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

66510000 - Insurance services

Notice Value(s)

Tender Value
£1,732,781 £1M-£10M
Lots Value
Not specified
Awards Value
£1,732,781 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
15 May 20262 weeks ago
Submission Deadline
9 Jan 2025Expired
Future Notice Date
Not specified
Award Date
6 Mar 20251 years ago
Contract Period
6 Mar 2025 - 5 Mar 2032 Over 5 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
UK EXPORT FINANCE
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
SW1A 2HQ
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
4
Supplier Names

COMPAGNIE FRANCAISE D'ASSURANCE POUR LE COMMERCE EXTÉR

ENDURANCE WORLDWIDE INSURANCE

EULER HERMES UK, A BRANCH OF EULER HERMES SA (NV

HARTFORD UNDERWRITING AGENCY

Further Information

Notice Documents

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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