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Insurance Broker Services

MAG AIRPORT LIMITED

This public procurement record has 3 releases in its history.

Award

08 Sep 2026 at 10:02

UK6 - Contract Award Notice
TenderUpdate

14 Apr 2026 at 17:53

UK4 - Tender Notice
Tender

14 Apr 2026 at 15:43

UK4 - Tender Notice
Summary of the contracting process

Manchester Airports Group (MAG), through MAG AIRPORT LIMITED, procured long-term insurance broking services for its airport operations. The requirement covers advice on risk-transfer strategy, insurance programme design, placement of cover, engagement with insurers and claims management across a complex commercial and regulatory environment. Annual insurance policies include property damage and business interruption, airport owners’ and operators’ liability, cyber, motor, employers’ liability, directors’ and officers’ liability, engineering inspection and insurance, and insurance for the CAVU business. This is a specialist insurance brokerage and agency services requirement, covering services for MAG’s airport business and potentially other airports acquired by the group. The buyer is a public undertaking based in Manchester, and the work supports operational continuity, financial resilience and wider strategic objectives.

The procurement is complete and the contract was awarded to Willis Limited on 8 September 2026. It used a selective competitive flexible procedure with four stages: pre-qualification questionnaire, invitation to negotiate, best and final offers with presentation meetings, and award. Four bids were received, with two reaching the final stage. The single lot has an awarded value of £3,000,000 excluding VAT, or £3,600,000 including VAT. The contract period is 1 November 2026 to 31 October 2031, with options for two further two-year extensions, allowing a maximum end date of 31 October 2035. A standstill period ends on 17 September 2026. Evaluation covered technical, commercial and environmental, social and governance criteria. Economic and technical selection criteria applied, and the procurement was above the relevant threshold.

This award demonstrates sustained demand from a major airport group for a broker able to manage a broad, complex insurance programme rather than a single policy line. A credible competitor would need strong capability across property and business interruption, airport owners’ and operators’ liability, cyber, motor, employers’ liability, directors’ and officers’ liability, engineering inspection and specialist business insurance. It would also need to advise on risk-transfer strategy and programme design, place cover effectively with insurers, manage insurer relationships and handle claims. Experience operating in a regulated, commercially complex environment would be important, as would the capacity to support evolving risks and potentially extend services across additional airports. The evaluation’s technical, commercial and ESG focus indicates that service quality, price and responsible business performance all matter.

How relevant is this notice?

Notice Information

Notice Title

Insurance Broker Services

Notice Description

Manchester Airports Group (MAG) required long-term Insurance Broker Services. MAG operates within a complex commercial and regulatory environment while maintaining a diverse, evolving risk profile. Effective insurance arrangements are essential to supporting operational continuity, financial resilience, and MAGs wider strategic objectives. Insurance brokers play a critical role in advising on risk transfer strategy, insurance programme design, placement of cover, insurer engagement, and claims management. Key policies taken out by MAG annually include: * Property Damage and Business Interruption * Airport Owners and Operators Liability * Cyber * Motor * Employers Liability * Directors and Officers Liability * Engineering Inspection and Insurance * A portfolio of insurance for the CAVU business.

Lot Information

Lot 1

Options: MAG shall have the option to procure any goods, services, and/ or consultancy that relate to or are ancillary to the main purpose of the contract notice and / or that are required in order to receive the benefit of the applicable goods or services being procured. In the event that MAG acquires any other airport(s), we also reserve the right to potentially procure similar Services for these airport(s) through the contract.

Renewal: This contract will last for an initial period of 5 years with the option to extend for +2 years, +2 years, taking it through to 9 years in total. MAG have estimated the contract value at PS3Million, however MAG expect the commercial proposals to be lower.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06823c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/084722-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible 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
£3,000,000 £1M-£10M
Lots Value
£3,000,000 £1M-£10M
Awards Value
£3,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
8 Sep 20261 months ago
Contract Period
1 Nov 2026 - 31 Oct 2031 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MAG AIRPORT 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
MANCHESTER
Postcode
M90 1QX
Postcode Area
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified
Local Authority
Manchester
Electoral Ward
Woodhouse Park
Westminster Constituency
Wythenshawe and Sale East

Supplier Information

Number of Suppliers
1
Supplier Name

Willis 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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