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Insurance advice and broking services

London Borough of Southwark

This public procurement record has 1 release in its history.

Award

16 Oct 2026 at 15:50

Award Notice
Summary of the contracting process

The London Borough of Southwark procured insurance advice and brokerage services to support its insurance requirements. The work is insurance broking, rather than the provision of insurance cover itself. Delivery is in England, with the buyer based in London. The requirement runs through February 2029 and is described as advice and broking services; no more detailed service tasks are set out in the procurement information. Southwark is the purchasing organisation, and the selected provider is Arthur J Gallagher. The service category is relevant to insurance brokers and advisers able to handle public-sector insurance arrangements for a London borough.

The procurement is complete and was awarded following an open procedure. The London Borough of Southwark selected Arthur J Gallagher, a small or medium-sized enterprise. The award date was 16 February 2024. The awarded value is £32,500. The contract period runs from 19 February 2024 to 18 February 2029. The procurement deadline for submissions was 13 February 2024. The requirement was not divided into lots. The available award information records the selected supplier and award value, but does not describe how bids were evaluated or set out specific eligibility thresholds. The procurement was classified as a service, with insurance brokerage as its specific category.

This award demonstrates Southwark’s demand for insurance advice and broking services over a multi-year contract, with a small or medium-sized supplier selected. Brokers competing for similar work with the borough would need to show they can advise on insurance requirements and provide the brokerage service needed to support a local authority. The work is specifically insurance broking, so general insurance provision alone would not demonstrate a fit. The published requirement does not identify specialist accreditations, minimum staffing levels, named systems or prior-contract thresholds; competitors should focus on relevant brokerage capability and credible delivery for a public-sector client rather than assuming additional technical conditions. SMEs were considered suitable for the requirement, indicating that the work was not confined to large suppliers.

How relevant is this notice?

Notice Information

Notice Title

Insurance advice and broking services

Notice Description

Insurance advice and broking services till February 2029 Additional information: Due to system data cleansing exercise, this notice was erroneously omitted hence this publication now for completeness and transparency.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fe2ddbfd-3869-4692-976f-b724d2bfd4d1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d5640dfa-763c-493e-9e60-60beea42210c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£32,500 Under £100K
Lots Value
Not specified
Awards Value
£32,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
16 Feb 20242 years ago
Contract Period
19 Feb 2024 - 18 Feb 2029 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
London Borough of Southwark
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
SE1 2QH
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Southwark
Electoral Ward
London Bridge & West Bermondsey
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

Arthur J Gallagher Ltd

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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