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Terrorism Insurance for 2026 / 2027

London Borough of Southwark

This public procurement record has 1 release in its history.

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12 Oct 2026 at 16:28

UK7 - Contract Details Notice
Summary of the contracting process

London Borough of Southwark procured terrorism insurance for its buildings. The cover was placed with Brit Syndicate through Arthur J Gallagher. This is an insurance services requirement relating to protection of the council’s property against terrorism risks. The delivery location is London, within the borough. The contract concerns a single, borough-wide requirement rather than separately described building or site packages, and the procurement is recorded as one lot. Suppliers relevant to comparable requirements would be insurers or insurance intermediaries able to arrange terrorism cover for a local authority property portfolio, including placement with an insurance syndicate.

The procurement is complete and the contract has been awarded to Arthur J Gallagher. Southwark used a below-threshold limited competition procedure. The contract was signed on 29 September 2026 and runs from 1 October 2026 to 30 September 2027. Its value is £97,061.62 excluding VAT (£108,709.01 including VAT). The contract covers the single lot for terrorism insurance for Southwark buildings, with the risk placed with Brit Syndicate. The award is active and the contract is active. No evaluation criteria or scoring basis are stated in the procurement information, so the basis on which competing offers were assessed is not described.

This award shows that Southwark buys terrorism insurance for its building portfolio through a limited competition and that the requirement was fulfilled by an insurance intermediary placing cover with a syndicate. Suppliers seeking to compete when this requirement returns would need to demonstrate access to terrorism insurance capacity and the ability to arrange suitable cover across a local authority’s buildings. Credibility would depend on experience in municipal or comparable property portfolios, effective market access to insurers or syndicates, and the capacity to manage placement and servicing of the policy. Insurance brokers able to coordinate specialist terrorism cover with an underwriter are directly relevant; firms without access to appropriate underwriting capacity are less likely to match the model used for this award.

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Notice Information

Notice Title

Terrorism Insurance for 2026 / 2027

Notice Description

Terrorism Insurance for LBS Buildings placed with Brit Syndicate via Arthur J Gallagher

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0785f7
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/096261-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£97,061 Under £100K

Notice Dates

Publication Date
12 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2026 - 30 Sep 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Borough of Southwark
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
SE1 2QH
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified
Local Authority
Southwark
Electoral Ward
London Bridge & West Bermondsey
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

Arthur J Gallagher Ltd

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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