Award

Group Insurance

FLAGSHIP HOUSING GROUP

This public procurement record has 1 release in its history.

Award

24 Apr 2024 at 13:05

Summary of the contracting process

The Flagship Housing Group has issued a tender for Group Insurance services, including property liability, employer's liability, directors & officers liability, motor insurance, and engineering inspections. The tender was conducted using a limited procurement method without prior publication of a call for competition due to extreme urgency. The contracts have been awarded to Marsh Limited for General Liability, J.M Glendinning (Insurance Brokers) Limited for Motor insurance, Axa Insurance UK PLC for Directors and Officers and Company Legal Liability, and Zurich Insurance Company Ltd for Engineering inspections services. The contracts were signed between March 25, 2024, and March 28, 2024, with a total value of GBP 5,367,402.42.

This tender provides business growth opportunities for insurance service providers, particularly those offering general liability, motor insurance, directors & officers and company legal liability insurance, and engineering inspections services. Businesses specialising in insurance-related services in the United Kingdom would be well-suited to compete in this procurement process. The urgency exemption for the procurement process highlights the critical need for timely insurance coverage, presenting a key business opportunity for successful bidders to establish long-term partnerships with the Flagship Housing Group.

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Notice Title

Group Insurance

Notice Description

Group insurances, including property liability, employer's liability, directors & officers liability, motor insurance and engineering inspections.

Lot Information

General insurance

Property liability, public liability, employers liability, contractors all risks, legal expenses, professional liability, crime insurances.

Motor insurance

Motor insurance.

Directors and Officers and Company Legal Liability

Directors and Officers and Company Legal Liability insurance.

Engineering inspections services

Engineering inspections services insurance

Procurement Information

Flagship has awarded the Contracts detailed in this Notice pursuant to the urgency exemption in Regulation 32(2)(c) of the Public Contracts Regulations 2015, specifically the justification being insufficient time to procure the Contracts in accordance with the PCR as it was imperative that the Contracts were in place by the time the previous contract prematurely ended on 31 March 2024 which was 6 months earlier than original contract end date due to incumbent supplier early termination. If the Contracts were not awarded by this date Flagship risked being uninsured, which would be unacceptable for regulatory, legal and financial reasons.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0454db
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/013308-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66514100 - Insurance related to Transport

66514110 - Motor vehicle insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

66516500 - Professional liability insurance services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£5,939,402 £1M-£10M

Notice Dates

Publication Date
24 Apr 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Mar 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FLAGSHIP HOUSING GROUP
Contact Name
Not specified
Contact Email
procurement@flagship-group.co.uk
Contact Phone
+44 8081684555

Buyer Location

Locality
NORWICH
Postcode
NR1 1PD
Post Town
Norwich
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH5 Norfolk
Small Region (ITL 3)
TLH51 Norwich and East Norfolk
Delivery Location
Not specified

Local Authority
Norwich
Electoral Ward
Thorpe Hamlet
Westminster Constituency
Norwich South

Supplier Information

Number of Suppliers
4
Supplier Names

AXA INSURANCE

J.M GLENDINNING (INSURANCE BROKERS

MARSH

ZURICH INSURANCE

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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