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Insurance & Benefits Brokerage

CENTRE FOR PROCESS INNOVATION LIMITED

This public procurement record has 3 releases in its history.

Award

13 May 2026 at 10:58

UK7 - Contract Details Notice
Award

06 Feb 2026 at 11:08

UK6 - Contract Award Notice
Tender

20 Oct 2025 at 13:33

UK4 - Tender Notice
Summary of the contracting process

The Centre for Process Innovation Limited (CPI), located in Redcar, UK, has completed the procurement process titled "Insurance & Benefits Brokerage." This procurement, classified under the services category, was conducted using an open procedure, with the legal framework being the UK Public Contracts Regulations 2023. The contract pertains to the provision of insurance brokerage and agency services, aiming to appoint a broker to manage CPI's business insurance and employee benefits. The contract was awarded to Marsh Limited, a large-scale supplier based in London, with the contract period running from 30th April 2026 to 29th April 2029, with potential extensions up to April 2030. Key dates include the award date of 13th May 2026, and the initial agreement commencing on 22nd April 2026.

This tender presents significant opportunities for businesses, particularly those in the insurance brokerage and agency sector, interested in expanding their portfolio by securing long-term partnerships with public undertakings such as CPI. Firms with a strong background in managing comprehensive insurance portfolios for large organisations would be particularly well-suited to pursue similar future tenders. The contract’s emphasis on quality, with a 70% weighting alongside price considerations, highlights the potential for businesses that can demonstrate an excellent standard of service. Additionally, opportunities for extension underscore the value of building a lasting relationship with CPI to deliver consistent, high-quality insurance and benefits solutions.

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Notice Information

Notice Title

Insurance & Benefits Brokerage

Notice Description

CPI are looking to appoint an Insurance Broker to act as an intermediary between CPI and our insurers, for CPI business insurance and employee benefits.

Lot Information

Business Insurance

Renewal: 12 months period extension options at the discretion of the authority.

Staff Benefits

Renewal: 12 months period extension options at the discretion of the authority.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05cfc4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/043777-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details 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

66510000 - Insurance services

66518000 - Insurance brokerage and agency services

Notice Value(s)

Tender Value
£12,000,000 £10M-£100M
Lots Value
£12,000,000 £10M-£100M
Awards Value
£12,000,000 £10M-£100M
Contracts Value
£12,000,000 £10M-£100M

Notice Dates

Publication Date
13 May 20263 months ago
Submission Deadline
19 Nov 2025Expired
Future Notice Date
Not specified
Award Date
5 Feb 20266 months ago
Contract Period
30 Apr 2026 - 29 Apr 2029 3-4 years
Recurrence
2029-04-23

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
CENTRE FOR PROCESS INNOVATION 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
REDCAR
Postcode
TS10 4RF
Postcode Area
Cleveland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
Not specified
Local Authority
Redcar and Cleveland
Electoral Ward
Dormanstown
Westminster Constituency
Redcar

Supplier Information

Number of Suppliers
1
Supplier Name

Marsh Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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