This public procurement record has 2 releases in its history.

Award

12 Sep 2022 at 09:30

Tender

22 Nov 2021 at 16:15

Summary of the contracting process

The procurement process involves Northern Ireland Water Limited tendering for the procurement of General Insurance services, excluding broker services. The tender, initiated on November 22, 2021, is currently active, with a submission deadline of January 21, 2022, and an award period starting on January 26, 2022. The contract, Lot 1 - Property and Business Interruption, has been awarded to Sompo International and Generali Global Corporate & Commercial. The buying organisation is Northern Ireland Water Limited, based in Belfast, United Kingdom, and the procurement method is an open procedure.

This tender opportunity for General Insurance services presents potential business growth avenues for insurers experienced in providing Insurance and Risk Management. Companies licensed to offer insurance cover in the UK or EU member states can compete. With a focus on quality of cover, risk management, and price, successful bidders can secure contracts lasting until 2027. Cybersecurity, property insurance, liability insurance, and other insurance services are among the opportunities available in this procurement.

How relevant is this notice?

Notice Title

Procurement of General Insurance (excluding broker services)

Notice Description

Procurement of General Insurance

Lot Information

Property and Business Interruption (20% of programme)

20% of the Material Damage and Business Interruption Insurance Programme

Options: Multi Year and multi cover options will be considered

Renewal: Preferred period is for up to five years with a review after completion of 3 year agreement. Other options will be considered

Material Damage / Business Interruption (NI Water Alpha) - 20% of programme

20% of the Material Damage and Business Interruption programme

Options: Multi Year and multi cover options will be considered

Renewal: Preferred period is for up to 5 years with a review after completion of 3 year agreement. Other options will be considered.

Excess Public Liability GBP 35m / GBP 25m

Liabilities to Third Parties

Options: Multi year and multi cover options will be considered

Renewal: Preferred period is for up to 5 years with a review after completion of 3 year agreement. Other options will be considered.

Excess Employers Liability GBP 25m / GBP 25m

Liability for injury and damage to employees

Options: Multi year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered

Directors & Officers (inc EPL in respect of NI Water Alpha)

Insurance for wrongful act by a Director or Officer and EPL for NI Water Alpha Employees

Options: Multi year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Pension Trustees Liability

Insurance for wrongful act as a Pension Trustee

Options: Multi year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Computers NI Water Alpha

Accidental Damage, Business Interruption and Recompliation of Data

Options: Multi year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Parametric Freeze Thaw

Weather related insurance for Freeze / Thaw

Options: Multi year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Travel and Personal Accident

Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NI Water Alpha Employees only

Options: Multi year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Crime - Ni Water Alpha only

Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only

Options: Multi year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Public Liability - LTA until 2023

Liability to Third Parties. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered

Excess PL - GBP 40m / GBP 60m - LTA until 2023

Liability to Third Parties. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Employers Liability - LTA to 2023

Liability for injury or damage to employees. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

MD/BI Solar Farm - LTA to 2023

Loss or damage to Solar Farm inc Business Interruption. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Terrorism - LTA to 2023

Damage and Business Interruption caused by Terrorism This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Motor Fleet - LTA to 2023

Comprehensive and Third Party only Motor Insurance. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Cyber Liability - LTA to 2023

Loss, damage or liability caused by a Cyber event. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Environmental Impairment Liability - NI Water - LTA to 2023

Gradual Pollution cover. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Environmental Impairment Liability - Dalridaa Water - LTA ro 2023

Gradual Pollution of cover. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Parametrics for Drought - High Temperature - LTA to 2024

Weather related Insurance for High Temperature This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Parametrics for Drought - Lack of Rainfall - LTA to 2024

Weather related Insurance for Drought - Lack of Rainfall. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Computers - NI water Ltd - LTA to 2023

Accidental Damage, Business Interruption and Recompilation of Data Insurance. This is a precautionary notice should the current Long term Agreement be breached

Options: Multi Year and Multi cover options will be considered

Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02f8fa
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025455-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66512000 - Accident and health insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515200 - Property insurance services

66515300 - Weather and financial loss insurance services

66515410 - Financial loss insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Sep 20223 years ago
Submission Deadline
21 Jan 2022Expired
Future Notice Date
Not specified
Award Date
31 Mar 20224 years ago
Contract Period
1 Apr 2022 - 31 Mar 2027 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
NORTHERN IRELAND WATER LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BELFAST
Postcode
BT14 6TE
Postcode Area
Northern Ireland
Country
Northern Ireland

Major Region (ITL 1)
TLN Northern Ireland
Basic Region (ITL 2)
TLN0 Northern Ireland
Small Region (ITL 3)
TLN06 Belfast
Delivery Location
TLN Northern Ireland

Local Authority
Belfast
Electoral Ward
Chichester Park
Westminster Constituency
Belfast North

Supplier Information

Number of Suppliers
2
Supplier Names

Generali Global Corporate & Commercial

Sompo International

Further Information

Open Contracting Data Standard (OCDS)

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