Notice Information
Notice Title
1
Notice Description
Pool Re is appointing a broker for the provision of Insurance Brokerage services. The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re's insurance policies with insurance providers. Pool Re requires cover to be placed across a range of insurance policies to include: Professional Indemnity Directors and Officers' Insurance Crime Cyber Commercial Combined
Lot Information
Lot 1
Pool Re is appointing a broker for the provision of Insurance Brokerage services. The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re's insurance policies with insurance providers. Pool Re requires cover to be placed across a range of insurance policies to include: Professional Indemnity Directors and Officers' Insurance Crime Cyber Commercial Combined
Renewal: The contract requirements will be for three (3) years with the option for Pool Re to extend for a further two (2) x 12 month periods.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-03f575
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/011283-2024
- 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
66518000 - Insurance brokerage and agency services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £453,191 £100K-£500K
Notice Dates
- Publication Date
- 8 Apr 20241 years ago
- Submission Deadline
- 4 Oct 2023Expired
- Future Notice Date
- Not specified
- Award Date
- 13 Feb 20242 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- 3 to 5 years
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- POOL RE SERVICES LIMITED
- Additional Buyers
- Contact Name
- Commercial Services
- Contact Email
- commercialservices@poolre.co.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- LONDON
- Postcode
- EC4R 9AF
- Post Town
- Central London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI35 Westminster and City of London
- Delivery Location
- TLI London
-
- Local Authority
- City of London
- Electoral Ward
- Candlewick
- Westminster Constituency
- Cities of London and Westminster
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-03f575-2024-04-08T14:47:19+01:00",
"date": "2024-04-08T14:47:19+01:00",
"ocid": "ocds-h6vhtk-03f575",
"description": "Supplier Registration: In order to access the opportunity please access Pool Re's eSourcing Portal http://poolre.ukp.app.jaggaer.com/ and complete the Supplier Registration Ensure you Complete Registration Data by answering all required questions marked with an asterisk. To Access the ITTs - express an interest through the tab ITTs Open to All Suppliers, this will then move the ITT to My ITTs List. To express interest in Open Opportunities, please use ITTs Open to All Suppliers. Jaggaer Supplier Support/ Helpdesk Global Phone Number: https://www.jaggaer.com/support/phone-numbers/ Supplier Contact Form: https://www.jaggaer.com/submit-supplier-support-request/",
"initiationType": "tender",
"tender": {
"id": "PRE00075",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "1",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "66518000",
"description": "Insurance brokerage and agency services"
},
"mainProcurementCategory": "services",
"description": "Pool Re is appointing a broker for the provision of Insurance Brokerage services. The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re's insurance policies with insurance providers. Pool Re requires cover to be placed across a range of insurance policies to include: Professional Indemnity Directors and Officers' Insurance Crime Cyber Commercial Combined",
"lots": [
{
"id": "1",
"description": "Pool Re is appointing a broker for the provision of Insurance Brokerage services. The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re's insurance policies with insurance providers. Pool Re requires cover to be placed across a range of insurance policies to include: Professional Indemnity Directors and Officers' Insurance Crime Cyber Commercial Combined",
"contractPeriod": {
"durationInDays": 1080
},
"hasRenewal": true,
"renewal": {
"description": "The contract requirements will be for three (3) years with the option for Pool Re to extend for a further two (2) x 12 month periods."
},
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"hasOptions": false,
"status": "cancelled",
"awardCriteria": {
"criteria": [
{
"type": "price"
}
]
}
}
],
"items": [
{
"id": "1",
"deliveryAddresses": [
{
"region": "UKI"
},
{
"region": "UKI"
}
],
"relatedLot": "1"
}
],
"submissionMethod": [
"electronicSubmission",
"written"
],
"submissionMethodDetails": "http://poolre.ukp.app.jaggaer.com/",
"communication": {
"atypicalToolUrl": "http://poolre.ukp.app.jaggaer.com/"
},
"documents": [
{
"id": "economic",
"documentType": "economicSelectionCriteria"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
}
],
"selectionCriteria": {
"criteria": [
{
"type": "technical",
"description": "The service provider must have the necessary regulatory permissions to provide insurance broking services in the UK."
}
]
},
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"coveredBy": [
"GPA"
],
"tenderPeriod": {
"endDate": "2023-10-04T14:00:00+01:00"
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"durationInDays": 180
}
},
"awardPeriod": {
"startDate": "2023-10-04T14:01:00+01:00"
},
"bidOpening": {
"date": "2023-10-04T14:01:00+01:00"
},
"hasRecurrence": true,
"contractTerms": {
"electronicInvoicingPolicy": "allowed",
"hasElectronicPayment": true
},
"recurrence": {
"description": "3 to 5 years"
}
},
"parties": [
{
"id": "GB-FTS-83136",
"name": "Pool Reinsurance Company Limited",
"identifier": {
"legalName": "Pool Reinsurance Company Limited"
},
"address": {
"streetAddress": "47 King William Street",
"locality": "London",
"region": "UKI",
"postalCode": "EC4R 9AF",
"countryName": "United Kingdom"
},
"contactPoint": {
"email": "commercialservices@poolre.co.uk",
"url": "http://poolre.ukp.app.jaggaer.com/"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.poolre.co.uk",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "BODY_PUBLIC",
"description": "Body governed by public law"
},
{
"scheme": "COFOG",
"id": "04",
"description": "Economic affairs"
}
]
}
},
{
"id": "GB-FTS-1819",
"name": "Royal Court of Justice",
"identifier": {
"legalName": "Royal Court of Justice"
},
"address": {
"streetAddress": "Strand",
"locality": "London",
"postalCode": "WC2A 2LL",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
]
},
{
"id": "GB-FTS-100514",
"name": "Pool Re Services Limited",
"identifier": {
"legalName": "Pool Re Services Limited"
},
"address": {
"streetAddress": "Equitable House, 47 King William St",
"locality": "London",
"region": "UKI",
"postalCode": "EC4R 9AF",
"countryName": "United Kingdom"
},
"contactPoint": {
"name": "Commercial Services",
"email": "commercialservices@poolre.co.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.poolre.co.uk",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "BODY_PUBLIC",
"description": "Body governed by public law"
},
{
"scheme": "COFOG",
"id": "04",
"description": "Economic affairs"
}
]
}
},
{
"id": "GB-FTS-110143",
"name": "Marsh Limited",
"identifier": {
"legalName": "Marsh Limited"
},
"address": {
"streetAddress": "1 TOWER PLACE WEST, TOWER PLACE,",
"locality": "LONDON",
"region": "UKI",
"postalCode": "EC3R 5BU",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-3649",
"name": "Royal Court of Justice",
"identifier": {
"legalName": "Royal Court of Justice"
},
"address": {
"locality": "London",
"postalCode": "WC2A 2LL",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
]
}
],
"buyer": {
"id": "GB-FTS-100514",
"name": "Pool Re Services Limited"
},
"language": "en",
"awards": [
{
"id": "011283-2024-PRE00075-1",
"relatedLots": [
"1"
],
"title": "Corporate Insurance Broker",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-110143",
"name": "Marsh Limited"
}
]
}
],
"contracts": [
{
"id": "011283-2024-PRE00075-1",
"awardID": "011283-2024-PRE00075-1",
"title": "Corporate Insurance Broker",
"status": "active",
"value": {
"amount": 453191,
"currency": "GBP"
},
"dateSigned": "2024-02-13T00:00:00Z"
}
],
"bids": {
"statistics": [
{
"id": "1",
"measure": "bids",
"relatedLot": "1",
"value": 2
}
]
}
}