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Corporate property, liability and terrorism insurance for the ILC

London Borough of Croydon

This public procurement record has 3 releases in its history.

Planning

27 May 2026 at 16:09

UK2 - Preliminary Market Engagement Notice
PlanningUpdate

22 Apr 2026 at 10:53

UK1 - Pipeline Notice
Planning

22 Apr 2026 at 10:14

UK1 - Pipeline Notice
Summary of the contracting process

The London Borough of Croydon, in collaboration with six other London Boroughs including Camden, Haringey, Harrow, Islington, Lambeth, and Tower Hamlets, is planning a tender for "Corporate Property, Liability and Terrorism Insurance" under the Insurance London Consortium (ILC). This procurement, categorised under financial and insurance services, is in the planning stage. It is designed to provide Property, Casualty, and Terrorism Insurances with an estimated aggregate value of £35 million over a four-year term, due to start on 1st April 2027 and end on 31st March 2032. Key market engagement activities are scheduled for September 2026, with the insurer day for lots 1, 2, and 3 occurring both in-person and virtually. Interested parties must respond by 31st May 2026, and further procurement notifications are expected by 31st August 2026.

This tender offers a significant opportunity for businesses operating within the financial and insurance services sector to engage with a high-value contract and expand their market presence within multiple London Boroughs. Companies with expertise in providing tailored insurance products, especially those capable of servicing large-scale public authority demands, will find this an appealing opportunity. The open procurement method allows companies of varying sizes and experience to compete, fostering growth potential for both seasoned insurers and emerging enterprises aiming to penetrate the public sector insurance market. Collaborating with the consortium offers strategic advantages, leveraging diverse public sector insurance needs across prominent regions in the United Kingdom.

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Notice Information

Notice Title

Corporate property, liability and terrorism insurance for the ILC

Notice Description

Provision of Property, Casualty and Terrorism Insurances Background / Context: The Insurance London Consortium (ILC) is made up of 7 London Boroughs working collaboratively to secure Insurance Products from the markets

Planning Information

Objectives of Market Engagement: to provide insurers with a greater understanding of the consortium and it's risks Indicative Engagement Dates: September 2026 Location or Delivery Method (Virtual / In-person): combination Insurer day: Lots 1 and 2 Property and Casualty including Officials Indemnity and Professional Indemnity, insurer day in person 8th September Lot 3 Terrorism - teams meeting to be held. Date TBC Instructions for Participation How to Participate: contact Kirsteen Kett at Aon Kirsteen.kett@aon.co.uk Response Deadline: 31st May 2026

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068826
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/049877-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 May 20263 months ago
Submission Deadline
Not specified
Future Notice Date
31 Aug 20264 days to go
Award Date
Not specified
Contract Period
1 Apr 2027 - 31 Mar 2032 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Borough of Croydon
Additional Buyers

London Borough of Camden

London Borough of Haringey

London Borough of Harrow

London Borough of Islington

London Borough of Lambeth

London Borough of Tower Hamlets

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 1EA
Postcode Area
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
Not specified
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

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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