Planning

Credit Political Risk - Broker Contract

UK EXPORT FINANCE

This public procurement record has 4 releases in its history.

PlanningUpdate

19 Feb 2026 at 12:33

UK1 - Pipeline Notice
Planning

13 May 2025 at 13:36

UK2 - Preliminary Market Engagement Notice
PlanningUpdate

13 May 2025 at 08:39

UK1 - Pipeline Notice
Planning

13 May 2025 at 08:32

UK1 - Pipeline Notice
Summary of the contracting process

The procurement process initiated by UK Export Finance involves a planned tender titled "Credit Political Risk - Broker Contract". This opportunity, under industry category "Insurance services", is located in the United Kingdom and entails the provision of brokerage services required for reinsurance of portfolio and other related services. The procurement stage is currently in the planning phase with updates published as recently as 19th February 2026, indicating a planned contract period starting from 1st June 2026 to 31st May 2028, with considerations for renewal extending to 31st May 2030. Key deadlines include a future notice scheduled for 23rd February 2026. The procurement method appears to be competitive, inviting suitable the businesses to engage upon subsequent publication of the formal contract notice.

This tender presents significant growth opportunities for businesses specialising in insurance services, particularly those with expertise in credit and political risks and who are capable of accessing Lloyds insurance companies. Given the procurement's value of £2,400,000 (gross), companies that are FCA registered and possess a strong background in Facultative reinsurance will have a competitive edge. Engagement opportunities, such as the June 2025 market engagement event, offer potentials for businesses to align themselves with the requirements and further understand the contracting authority's expectations. Companies meeting these criteria stand to benefit considerably by being involved in this public sector initiative spearheaded by a central government authority, UK Export Finance.

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Notice Information

Notice Title

Credit Political Risk - Broker Contract

Notice Description

Brokerage services required for reinsurance of portfolio and other related services.

Planning Information

Engagement will take place through written communications and a market engagement event on the afternoon of the 4th June 2025 via Teams and in person in Westminster. For information on how to receive an invite to this event, please contact commercial@ukexportfinance.gov.uk. Due to limited space, only organisations capable of providing this service will be permitted to attend. We define capability as suppliers who are FCA registered brokers specialising in Facultative reinsurance with a credit and political risks focus. The suppliers must also be Lloyds registered as they must be capable of accessing Lloyds insurance companies to fulfil the requirement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05119a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015202-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Feb 20263 days ago
Submission Deadline
Not specified
Future Notice Date
23 Feb 2026Today
Award Date
Not specified
Contract Period
31 May 2026 - 31 May 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK EXPORT FINANCE
Contact Name
Not specified
Contact Email
commercial@ukexportfinance.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2HQ
Post Town
South West 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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

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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