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Insurance Services

ORBIT GROUP LIMITED

This public procurement record has 6 releases in its history.

Award

06 Jan 2026 at 11:24

UK6 - Contract Award Notice
TenderCancellation

08 Dec 2025 at 14:40

UK12 - Procurement Termination Notice
Award

08 Dec 2025 at 12:59

UK6 - Contract Award Notice
Tender

25 Jul 2025 at 16:07

UK4 - Tender Notice
Planning

07 Jul 2025 at 13:14

UK3 - Planned Procurement Notice
Planning

16 May 2025 at 09:56

UK1 - Pipeline Notice
Summary of the contracting process

The procurement process by ORBIT GROUP LIMITED, a sub-central government public authority based in Coventry, concerns the supply of comprehensive Insurance Services. This project invites tenders for a wide array of insurance coverages including General Rented Property, Landlord Contents, Public and Product Liability, Cyber, and many more, starting from 1st April 2026. The procurement process followed an open procedure, and the contract was expected to be awarded in a long-term 3 + 2 + 2-year structure, with potential annual renewals. Key deadlines included a submission end date on 19th September 2025, with the contract beginning on 1st April 2026. The procurement stage has reached completion with an award status.

This tender creates growth opportunities for businesses proficient in providing comprehensive insurance coverage and risk management strategies, especially those with expertise in large-scale, multi-faceted projects. Companies specialising in insurance services across various sectors such as property, liability, and specialised insurances would find this contract appealing. Large-scale insurers capable of managing complex insurance requirements can leverage this opportunity, especially if they can offer the required range of coverages and competitive terms. The high value and scope of the contract make it well-suited for well-established enterprises able to handle extensive insurance portfolios and deliver specialised insurance solutions to public sector organisations.

How relevant is this notice?

Notice Information

Notice Title

Insurance Services

Notice Description

Orbit is seeking to source a suitable single provider/broker to cover and manage Orbit's Insurance requirements. The provider should be able to cover at a minimum the insurance services marked with a * below and ideally, all lines of insurance. However, where this is not possible, options will be reviewed. Tender submissions will be sought from service providers for Insurance Policies for Orbit to commence on 1st April 2026. Orbit requires the contract to be provided on a 3 + 2 + 2 year long term agreement with provision of a claim's performance bonus or risk management fund for Orbit. The policy will then renew annually from 1st April every subsequent year of cover. All full premiums are required to be quoted on an annual basis, confirm where rates are guaranteed and for how long, be net of commission and all discounts, IPT and VAT where applicable must be shown separately but also included. Any brokerage fees should be noted separately but also included. Any commissions or brokerage fees should be made explicitly clear and subject to prior agreement of Orbit. Insurance services should cover the following: * *General Rented Property * *Leasehold/Shared Ownership/RTB/Private Leasehold Retirement * *Commercial and Office Buildings * *Landlord Contents * *Newbuild awaiting sale * *Private Rented * *Works in Progress * *Business Interruption * *All Risk (specified equipment) * *Money * *Public and Product Liability including Financial Loss Extension (Asbestos cover) * *Employers Liability (Asbestos cover) * *Motor Fleet & Legal Protection * *Terrorism * *Commercial Property Owners * Libel and Slander * Professional Negligence * Group Personal Accident * Computers * Contract All Risks, Works * Contractors Plant * Travel * Fidelity Guarantee * Cyber * Directors & Officers Liability

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-051555
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000582-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award 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

66510000 - Insurance services

Notice Value(s)

Tender Value
£28,000,000 £10M-£100M
Lots Value
£28,000,000 £10M-£100M
Awards Value
£24,166,666 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Jan 20267 months ago
Submission Deadline
19 Sep 2025Expired
Future Notice Date
25 Jul 2025Expired
Award Date
5 Nov 20259 months ago
Contract Period
1 Apr 2026 - 31 Mar 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Cancelled, Pending
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ORBIT GROUP LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
COVENTRY
Postcode
CV3 2SU
Postcode Area
Coventry
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG33 Coventry
Delivery Location
Not specified
Local Authority
Coventry
Electoral Ward
Wyken
Westminster Constituency
Coventry East

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH INSURANCE COMPANY LTD

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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