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Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)

Croydon Council

This public procurement record has 2 releases in its history.

Award

12 May 2023 at 14:27

Award Notice
Tender

03 Oct 2022 at 17:01

Tender Notice
Summary of the contracting process

The Croydon Council, acting as the lead authority for the Insurance London Consortium (ILC), has completed the tender process for the "Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)" services. The procurement covered various insurance categories, including Motor, Commercial Property, Crime, and Engineering Insurance and Inspection. The procurement stage was for services in the financial and insurance industry category. The tender was open, with key dates indicating the award period starting on 7th November 2022.

This tender presents an opportunity for insurance service providers to engage with the London Insurance Consortium (ILC) members, which include several London Borough Councils. Businesses offering insurance services related to Motor, Commercial Property, Crime, and Engineering Insurance and Inspection would be well-suited to compete. Suppliers such as Zurich Municipal, Protector Insurance, and Risk Management Partners have already been awarded contracts for various lots within this procurement opportunity.

How relevant is this notice?

Notice Information

Notice Title

Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)

Notice Description

Croydon Council, as lead authority for the Insurance London Consortium (ILC), is seeking tenders for corporate insurance cover. to engage a contractor for the provision of insurance services (excluding Broker Services). The Consortium members taking part in this tender consist of the following London Borough Councils: London Borough of Camden Croydon Council Haringey Council Harrow Council Islington Council Royal Borough of Kingston upon Thames Lambeth Council Page 10 to 23 London Borough of Sutton London Borough of Tower Hamlets Insurance is required for: Lot 1: Motor Lot 2: Commercial Property Lot 3: Crime Lot 4: Engineering Insurance and Inspection Lot 5: Personal Accident and Business Travel Lot 6: School Journey Lot 7: Leasehold / Right to Buy

Lot Information

Motor

Lot 1: Motor

Commercial Property

Lot 2: Commercial Property

Crime

Lot 3: Crime

Engineering insurance and inspection

Lot 4: Engineering insurance and inspection

Lot 5 Personal accident and business travel

Lot 5 Personal accident and business travel

School Journey

Lot 6: School Journey

Leasehold/Right to buy

Lot 7: Leasehold/Right to buy

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-037292
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/013618-2023
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

66000000 - Financial and insurance services

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£12,509,046 £10M-£100M

Notice Dates

Publication Date
12 May 20233 years ago
Submission Deadline
7 Nov 2022Expired
Future Notice Date
Not specified
Award Date
1 Apr 20233 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Croydon Council
Additional Buyers

London Borough of Camden

London Borough of Haringey

London Borough of Harrow

London Borough of Islington

London Borough of Lambeth

London Borough of Sutton

London Borough of Tower Hamlets

Royal Borough of Kingston Upon Thames

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 1EA
Postcode Area
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
7
Supplier Names

Arthur J Gallagher

Protector Insurance

Protector Insurance with Maven Terrorism

Risk Management Partners Ltd

Risk management Partners

Travelers Ins Co Ltd

Zurich Municipal

Further Information

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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