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Property Insurance

BIRMINGHAM NEWMAN UNIVERSITY

This public procurement record has 3 releases in its history.

Award

01 Sep 2026 at 09:59

UK6 - Contract Award Notice
Tender

23 Apr 2026 at 14:43

UK4 - Tender Notice
Planning

21 Apr 2026 at 08:05

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

Birmingham Newman University procured property insurance services as part of a collaborative exercise with a group of other UK universities. The arrangement is intended to secure economies of scale across participating institutions, although each university contracts separately with the successful insurer. The requirement covers property insurance for the participating higher education organisations, with associated insurance services delivered across the United Kingdom. Aon UK Limited managed the procurement on behalf of the university and the collaborating institutions. This is a financial and insurance services opportunity, relevant to insurers, insurance groups and specialist providers able to underwrite property risks for universities and other higher education organisations operating across multiple UK locations.

The procurement has been completed through a single lot and awarded following an open procedure. Six bids reached the final stage. Zurich Insurance Company Ltd was awarded the contract on 17 July 2026. The tender value was £240,000 gross, while the award value was £200,000 excluding VAT and £240,000 including VAT. The award contract runs from 1 September 2026 to 19 August 2030. The lot’s stated contract period was 1 August 2026 to 31 July 2028, with a maximum extent date of 31 July 2030. The evaluation weighted price at 50%, quality at 45% and social value at 5%. Renewal is available where service is exceptional. The tender closed on 29 May 2026, with enquiries ending on 20 May 2026 and the award period ending on 15 July 2026.

This award demonstrates demand for substantial, multi-institution property insurance within the UK higher education sector. A credible competitor would need the underwriting capacity and financial strength to cover university property risks at collaborative scale, while also supporting separate contractual relationships with participating institutions. Relevant capability includes experience in higher education or comparable public-sector property portfolios, robust claims handling and responsive risk-management support. The procurement also shows that buyers may value more than premium levels: quality and social value together accounted for half of the evaluation. Suppliers should therefore be able to provide transparent risk information, consistent service across institutions, effective claims administration and evidence of meaningful social value delivery. The successful supplier was a large insurance company, indicating the scale and market positioning that satisfied this requirement.

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Notice Information

Notice Title

Property Insurance

Notice Description

Birmingham Newman University has tendered alongside a group of other UK universities as part of a property insurance procurement. The collaboration allows economies of scale to be obtained, though each institution will contract separately with the winning bidder.

Planning Information

Purpose of Engagement Understand current insurance market conditions affecting the higher education sector Explore insurer and broker appetite for multi institutional procurement exercises Test the feasibility of consistent specifications and risk information formats Identify opportunities to improve claims handling, risk management support, and data transparency Assess the likely impact of market capacity, pricing trends, and underwriting constraints This engagement was exploratory and did not involve any commitment to a particular procurement route, structure, or supplier. Nature of Engagement Activities Group briefing sessions with brokers and insurers Individual supplier meetings via video conference during April 2026 Requests for high level feedback on specification structure and data requirements Discussion of potential procurement timelines Consideration of market appetite for aggregated or aligned procurements All engagement was conducted in accordance with Section 16 of the Procurement Act 2023 and did not distort competition or confer any advantage on participating suppliers.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0686d6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/082470-2026
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

Notice Value(s)

Tender Value
£240,000 £100K-£500K
Lots Value
£240,000 £100K-£500K
Awards Value
£200,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Sep 20263 days ago
Submission Deadline
29 May 2026Expired
Future Notice Date
22 Apr 2026Expired
Award Date
17 Jul 20261 months ago
Contract Period
1 Sep 2026 - 19 Aug 2030 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BIRMINGHAM NEWMAN UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B32 3NT
Postcode Area
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Bartley Green
Westminster Constituency
Birmingham Edgbaston

Supplier Information

Number of Suppliers
1
Supplier Name

Zurich Municipal

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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