Tender

Insurance Brokerage Services

ASSOCIATED BRITISH PORTS

This public procurement record has 1 release in its history.

Tender

24 Feb 2023 at 12:01

Summary of the contracting process

The Associated British Ports (ABP) is seeking a broker to provide Insurance Brokerage Services. The procurement involves selecting a broker to work with the insurance and claims team, including handling insurance policies, policy terms advice, claims support for major claims, and risk management advice for specialist areas like cyber and construction. The tender, with the title "Insurance Brokerage Services," falls under the Financial and insurance services sector and is currently in the active stage. The contract period is set from June 30, 2023, to July 31, 2026, with the tender period ending on March 27, 2023, and the invitation date for the second stage set for April 5, 2023.

This tender from ABP for Insurance Brokerage Services provides an opportunity for brokers specialising in financial and insurance services to compete. Businesses proficient in insurance policies placement, policy terms advisory, claims advocacy, and risk management in specialist areas can benefit from this opportunity. The procurement method is 'selective,' following a negotiated procedure with prior competition call. Interested parties can submit bids electronically or in writing, with detailed submission terms available at https://in-tendhost.co.uk/abp/aspx/Tenders/Current. The procurement process aims to streamline ABP's insurance programme by potentially consolidating multiple brokers engaged in different policy lines into a single, capable broker.

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Notice Title

Insurance Brokerage Services

Notice Description

ABP is seeking a broker to work with the insurance and claims team in relation to the insurance programme. ABP's is currently advised by two brokers across different policy lines. ABP is considering continuing with multiple brokers engaged to deliver specialist areas or consolidate with a single broker.The scope of this tender is to be:- The placement broker for all our insurance policies - Expert advisor on policy terms.- Claims advocate / support for major claims.- Insurance and risk management advice for specialist areas (cyber, construction).

Lot Information

Lot 1

Procurement of Insurance Brokerage services.

Renewal: Possible to renew at the original end point

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03abbc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005535-2023
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure with prior call for competition
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66500000 - Insurance and pension services

66518000 - Insurance brokerage and agency services

66518200 - Insurance agency services

66518300 - Insurance claims adjustment services

Notice Value(s)

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

Notice Dates

Publication Date
24 Feb 20232 years ago
Submission Deadline
27 Mar 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
29 Jun 2023 - 31 Jul 2026 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
ASSOCIATED BRITISH PORTS
Contact Name
Ben Smithson
Contact Email
procurement@abports.co.uk
Contact Phone
Not specified

Buyer Location

Locality
HULL
Postcode
HU9 5PQ
Post Town
Hull
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
Not specified

Local Authority
Kingston upon Hull, City of
Electoral Ward
Drypool
Westminster Constituency
Kingston upon Hull East

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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