This public procurement record has 2 releases in its history.

Planning

25 Sep 2026 at 10:12

Planning

25 Sep 2026 at 10:04

Summary of the contracting process

UK Export Finance intends to appoint insurers to a panel for reinsurance of its portfolio of credit and political risks. The appointed insurers will work with the Authority’s broker. This is an insurance services requirement, with delivery in the United Kingdom.

The process is at planning stage: UK Export Finance has set out an intention to procure, but has not invited tenders. It expects to use a framework agreement. The estimated value is £40 million excluding VAT (£48 million including VAT). The planned contract period runs from 1 April 2027 to 31 March 2031, with a possible extension to 31 March 2035. A future notice is expected on 15 January 2027. The buyer plans written communications and a market engagement event on the morning of 15 October 2026, via Teams and in person in London. The event is limited to organisations capable of providing the service.

This requirement is aimed at FCA-registered insurers specialising in facultative reinsurance, with a focus on credit and political risks. Suppliers with the capacity to reinsure a portfolio and to work alongside the buyer’s appointed broker are the best fit. The planned panel and multi-year contract period will suit insurers able to support an ongoing relationship rather than a one-off placement. The buyer says attendance at its market engagement event is restricted to organisations capable of supplying this service, so relevant specialist experience and regulatory status will be important in preparing for the procurement.

How relevant is this notice?

Notice Information

Notice Title

Credit Political Risk - Insurer Panel

Notice Description

Insurer services required for reinsurance of portfolio. Requirement to work with the Authority's appointed Broker.

Planning Information

Engagement will take place through written communications and a market engagement event on the morning of 15th October via Teams and in person at a location in London. For information on how to receive an invite to this event, please contact commercial@ukexportfinance.gov.uk. Due to limited space, only organisations capable of providing this service will be permitted to attend. We define capability as suppliers who are FCA registered insurers specialising in Facultative reinsurance with a credit and political risks focus.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-077a2c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/090844-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£40,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
15 Jan 20274 months to go
Award Date
Not specified
Contract Period
1 Apr 2027 - 1 Apr 2031 4-5 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
UK EXPORT FINANCE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2HQ
Postcode Area
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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