Notice Information
Notice Title
Insurance and Related Services for The Guinness Partnership
Notice Description
The Guinness Partnership require insurance related services for the following areas: Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use) Lot 3 - Insurance and related services associated with Cyber risks Lot 4 - Insurance and related services associated with Terrorism Risks Potential suppliers must make costed proposals for insurance arrangements which meet our insurance, risk management and servicing needs in the most appropriate and cost-effective way. Minimum Requirements Bidders must be able to meet the following minimum requirements: * the financial ability to deliver the programme, including insurers with a minimum rating of "B++" from Standard & Poor, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder's market security committee. * the ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options * a skilled and competent service team, which includes client relationship management, insurance claims management, insurance broking / underwriting and insurable risk managers * the delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose Full Service Specification for all Lots can be found in Section 4 Specification of the 'Draft ITT Main Body' Document available with this Contract Notice Estimated annual value for all LOTs is PS8.675m per annum.
Lot Information
Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks
A programme of General (non-life) insurance and related services for The Guinness Partnership. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners' liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of The Guinness Partnership. This Lot excludes: Motor (See Lot 2), Cyber (See Lot 3), Terrorism (See Lot 4) Additional information: The Guinness Partnership is looking to award to one supplier for this LOT to deliver the required services to The Guinness Partnership and its Subsidiaries.
Options: The Contracting Authority may also consider additional cover or excess options that are recommended in potential suppliers' bids.
Renewal: The Guinness Partnership will consider entering into long term agreements with the successful bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.
Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)Insurance and related services for motor vehicle risks (possibly including motor legal expenses and occasional business use extensions). Additional information: The Guinness Partnership is looking to award to one supplier for this LOT to deliver the required services to The Guinness Partnership and its Subsidiaries.
Options: The Contracting Authority may also consider additional cover or excess options that are recommended in potential suppliers' bids.
Renewal: The Guinness Partnership will consider entering into long term agreements with the successful bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.
Insurance and related services associated with Cyber risks for The Guinness PartnershipInsurance and related services associated with Cyber risks for The Guinness Partnership.
Options: The Contracting Authority may also consider additional cover or excess options that are recommended in potential suppliers' bids.
Renewal: The Guinness Partnership will consider entering into long term agreements with the successful bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.
Insurance and related services associated with Terrorism Risks for The Guinness PartnershipThe Guinness Partnership require insurance related services for the following areas: Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use) Lot 3 - Insurance and related services associated with Cyber risks Lot 4 - Insurance and related services associated with Terrorism Risks
Options: The Contracting Authority may also consider additional cover or excess options that are recommended in potential suppliers' bids.
Renewal: The Guinness Partnership will consider entering into long term agreements with the successful bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-037475
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/017734-2023
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Selective
- Procurement Method Details
- Competitive procedure with negotiation
- Tender Suitability
- Not specified
- Awardee Scale
- Large, SME
Common Procurement Vocabulary (CPV)
- CPV Divisions
-
- CPV Codes
66510000 - Insurance services
66513100 - Legal expenses insurance services
66513200 - Contractor's all-risk insurance services
66514110 - Motor vehicle insurance services
66515000 - Damage or loss insurance services
66515100 - Fire insurance services
66515200 - Property insurance services
66515410 - Financial loss insurance services
66515411 - Pecuniary loss insurance services
66516000 - Liability insurance services
66516100 - Motor vehicle liability insurance services
66516400 - General liability insurance services
66516500 - Professional liability insurance services
66517300 - Risk management insurance services
66518000 - Insurance brokerage and agency services
Notice Value(s)
- Tender Value
- £43,375,000 £10M-£100M
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £43,132,260 £10M-£100M
Notice Dates
- Publication Date
- 22 Jun 20233 years ago
- Submission Deadline
- 9 Nov 2022Expired
- Future Notice Date
- Not specified
- Award Date
- 19 Jun 20233 years ago
- Contract Period
- 1 Jun 2023 - 31 May 2026 3-4 years
- 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
- The Guinness Partnership Ltd
- 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
- NW1 3FG
- Postcode Area
- North West London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI36 Camden
- Delivery Location
- TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)
-
- Local Authority
- Camden
- Electoral Ward
- Regent's Park
- Westminster Constituency
- Holborn and St Pancras
Further Information
Open Contracting Data Standard (OCDS)
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.