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Provision of Insurance and Related Services to Richmond Housing Partnership

Richmond Housing Partnership

This public procurement record has 3 releases in its history.

Award

30 Jul 2026 at 16:12

UK7 - Contract Details Notice
Award

24 Jun 2026 at 15:29

UK6 - Contract Award Notice
Tender

08 Jan 2026 at 19:05

UK4 - Tender Notice
Summary of the contracting process

Richmond Housing Partnership procured insurance and related services for its housing operations across the United Kingdom. The scope covered property, legal expenses, contractor’s all-risks, fire, damage and loss, professional and general liability, risk management, insurance brokerage, motor and motor liability, engineering plant inspection and insurance, cyber, terrorism and political violence, directors’ and officers’ liability, and alternative risk financing. The buyer was Richmond Housing Partnership, with Gibbs Laidler Consulting LLP managing the procurement on its behalf. Lot 3 also required bidders to source suitable engineering inspection providers and insurers. Lot 5 involved options linked to the government-backed Pool Re programme, while Lot 8 sought innovative alternative risk-financing solutions where the authority identified a need.

This completed procurement used an above-threshold open competitive flexible procedure with multiple stages, including conditions of participation, shortlisting and three tendering stages. Evaluation for each lot was 60% quality and 40% cost, and four bids were recorded for Lots 1 and 2, seven for Lot 4, four for Lot 6 and five for Lot 7. Awards were made on 27 May 2026: Arthur J. Gallagher Insurance Brokers Limited received Lot 1 at £4,500,000 gross and Lot 4 at £125,000 gross; Zurich Insurance Company Limited received Lot 2 at £260,000 gross; and Jensten Insurance Brokers (London and SE) Ltd received Lots 6 and 7, each at £75,000 gross. The contracts were signed on 16 July 2026, starting 17 July 2026 and running to 16 July 2029, with extensions potentially available to 2031. The overall estimated procurement value was £8,703,120 gross.

This requirement demonstrates recurring demand from a housing provider for coordinated insurance broking and underwriting across property, liability, motor, cyber, terrorism, political violence and directors’ and officers’ risks. Credible competitors would need to offer strong insurance-market access, risk-management expertise and the ability to assemble suitable risk carriers across several specialist classes. Insurers and brokers should be able to demonstrate financial strength, including a minimum A rating from Standard & Poor’s, A.M. Best or an equivalent independent reputable agency, unless a lower-rated insurer is accepted through the bidder’s market security committee process. Relevant capability also includes arranging Pool Re-linked terrorism options, sourcing engineering inspection services, handling claims and renewals, and proposing practical alternative risk-financing solutions. The evaluation shows that service quality was more important than cost, favouring technically robust delivery and clear ongoing account management.

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Notice Information

Notice Title

Provision of Insurance and Related Services to Richmond Housing Partnership

Notice Description

The financial ability to deliver the programme, including insurers with a minimum Rating of 'A' from Standard and Poor, 'A' from A M Best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder's market security committee. In the case of any rating less than A-, the Contracting Authority will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the bid deadline of the bidder's market security committee's latest report, including written recommendation from the bidder's market security committee.

Lot Information

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Richmond Housing Partnership

Renewal: Standard 3 year contract with 2 year extension

Insurance and related services associated with Motor for Richmond Housing Partnership

Renewal: Standard 3+2 Contract

Insurance and related services associated with Engineering Insurance and Inspection for Richmond Housing Partnership

Insurance and related services associated with Engineering Plant Inspection & Insurance for Richmond Housing Partnership. Bidders will be expected to source inspection services and insurance from appropriate providers.

Renewal: Standard 3+2 Extension

Insurance and related services associated with Cyber for Richmond Housing Partnership

Renewal: Standard 3+2 Extension

Insurance and related services associated with Terrorism (Pool Re) for Richmond Housing Partnership

Insurance and related services associated with Terrorism (Pool Re) for Richmond Housing Partnership. Bidders will be expected to provide options affiliated with the government-backed Pool Re programme.

Renewal: Standard 3+2 Extension

Insurance and related services associated with Terrorism and/or Political Violence (Non Pool Re) for Richmond Housing Partnership

Renewal: Standard 3+2 Extension

Insurance and related services associated with Directors and Officers' Liability for Richmond Housing Partnership

Renewal: Standard 3+2 Extension

Insurance and related services associated with Alternative Risk Financing for Richmond Housing Partnership

Insurance and related services associated with Alternative Risk Financing for Richmond Housing Partnership. Bidders will be asked to provide innovative solutions to the Contracting Authority as & where they identify the need.

Renewal: Standard 3+2 Extension

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-060252
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/072349-2026
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
Competitive flexible procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66518000 - Insurance brokerage and agency services

Notice Value(s)

Tender Value
£8,703,120 £1M-£10M
Lots Value
£8,703,120 £1M-£10M
Awards Value
£4,960,000 £1M-£10M
Contracts Value
£4,960,000 £1M-£10M

Notice Dates

Publication Date
30 Jul 20263 weeks ago
Submission Deadline
5 Feb 2026Expired
Future Notice Date
Not specified
Award Date
27 May 20263 months ago
Contract Period
17 Jul 2026 - 16 Jul 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Richmond Housing Partnership
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
TEDDINGTON
Postcode
TW11 8GT
Postcode Area
Twickenham
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI75 Hounslow and Richmond upon Thames
Delivery Location
Not specified
Local Authority
Richmond upon Thames
Electoral Ward
Teddington
Westminster Constituency
Twickenham

Supplier Information

Number of Suppliers
3
Supplier Names

Arthur J. Gallagher Insurance Brokers Limited

Jensten Insurance Brokers (London and SE) Ltd

Zurich Insurance Company 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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