Award

PAN2808 - Insurance and Claims Services

LEICESTER CITY COUNCIL

This public procurement record has 3 releases in its history.

Award

27 Nov 2024 at 13:50

TenderUpdate

18 Jul 2024 at 09:23

Tender

20 Jun 2024 at 15:32

Summary of the contracting process

Leicester City Council has completed the procurement process for "PAN2808 - Insurance and Claims Services" under the industry category of Financial and Insurance Services. This procurement covers a variety of services related to insurance and claims management divided into several lots, including property, industrial and commercial properties, casualty (combined liability), general motor fleet, personal accident and travel, engineering and inspection, and fine art & museums. The open procedure procurement method was used for this process. The key dates include the final signing of contracts on 23rd September 2024, concluding a procurement that allowed initial tender submissions up to 26th July 2024.

This tender presents significant opportunities for businesses specialising in various types of insurance services, ranging from property and liability insurance to niche categories like fine art and engineering insurance. It is particularly suited for suppliers with comprehensive service capabilities in these areas. The contract periods are initially set for three years with the possibility of a two-year extension, allowing for substantial long-term business growth. With contracts already awarded to major suppliers like Risk Management Partners Limited and Arthur J Gallagher Nordic AB, this procurement offers a robust platform for businesses able to compete in quality and price within the specified service lots.

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Notice Title

PAN2808 - Insurance and Claims Services

Notice Description

Leicester City Council proposes to enter into one or more Contracts for a maximum period of 60 months with the successful Supplier(s). The Insurance and Claims Management Services have been divided into the following Lots; 1. Property (including Computers, Contract Works, Business Interruption, Money and All Risks) 2. Industrial and Commercial Properties 3. Casualty (Combined Liability) 4. General Motor Fleet 5. Personal Accident & Travel 6. Engineering & Inspection 7. Fine Art & Museums

Lot Information

Property (including Computers, Contract Works, Business Interruption, Money and All Risks)

Property (including Computers, Contract Works, Business Interruption, Money and All Risks) General Properties including contents, fixtures and fittings, machinery, lifts etc. Please note that the Council's portfolio includes a diverse range of properties including offices, stores, depots, pavilions and public toilets and libraries

Options: Option to extend for up to a further two years after the initial term of 3 years.

Renewal: The Long-Term Agreement is to be for an initial period of three years with an option to extend for up to a further two years.

Industrial and Commercial Properties

All Industrial / Commercial Properties owned by or for which the council is responsible. The Council has a number of commercial shops, offices, depots and small industrial units rented to local businesses.

Options: Option to extend for up to a further two years after the initial term of 3 years.

Renewal: The Long-Term Agreement is to be for an initial period of three years with an option to extend for up to a further two years.

Casualty (Combined Liability)

This Lot incorporates the following classes of business: - Employer's Liability - Public and Products Liability - Officials Indemnity - Libel and Slander - Professional Indemnity

Options: Option to extend for up to a further two years after the initial term of 3 years.

Renewal: The Long-Term Agreement is to be for an initial period of three years with an option to extend for up to a further two years.

General Motor Fleet

This Lot incorporates the following classes of business: - Main General Motor Fleet - Vehicles Insured: Vehicles owned, leased and operated by the insured including vehicles on hire or loan for which the Insured becomes responsible.

Options: Option to extend for up to a further two years after the initial term of 3 years.

Renewal: The Long-Term Agreement is to be for an initial period of three years with an option to extend for up to a further two years.

Personal Accident and Travel

This Lot incorporates the following class of business: - Personal Accident and Travel - Main Policy

Options: Option to extend for up to a further two years after the initial term of 3 years.

Renewal: The Long-Term Agreement is to be for an initial period of three years with an option to extend for up to a further two years.

Engineering & Inspection

This Lot incorporates the following classes of business: - Engineering Insurance - Engineering Inspection

Options: Option to extend for up to a further two years after the initial term of 3 years.

Renewal: The Long-Term Agreement is to be for an initial period of three years with an option to extend for up to a further two years.

Fine Art & Museums

This Lot covers 'all risks' of accidental loss or damage including theft and in transit in respect of Gallery and Museum Exhibits of every description and/or Civic Insignia and regalia comprising silver and gold items and/or other historic pieces and/or Works of Art of whatsoever nature forming part of the Insured's collection and/or on loan.

Options: Option to extend for up to a further two years after the initial term of 3 years.

Renewal: The Long-Term Agreement is to be for an initial period of three years with an option to extend for up to a further two years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-047198
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/038302-2024
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

66000000 - Financial and insurance services

66512100 - Accident insurance services

66513200 - Contractor's all-risk insurance services

66515200 - Property insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66519000 - Engineering, auxiliary, average, loss, actuarial and salvage insurance services

Notice Value(s)

Tender Value
£11,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£9,123,522 £1M-£10M

Notice Dates

Publication Date
27 Nov 20241 years ago
Submission Deadline
22 Jul 2024Expired
Future Notice Date
Not specified
Award Date
22 Sep 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
LEICESTER CITY COUNCIL
Contact Name
Mr Martin Grogan
Contact Email
martin.grogan@leicester.gov.uk
Contact Phone
+44 1164545013

Buyer Location

Locality
LEICESTER
Postcode
LE1 1FZ
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF21 Leicester
Delivery Location
TLF21 Leicester

Local Authority
Leicester
Electoral Ward
Castle
Westminster Constituency
Leicester South

Supplier Information

Number of Suppliers
2
Supplier Names

ARTHUR J GALLAGHER NORDIC

RISK MANAGEMENT PARTNERS

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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