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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 bought terrorism insurance for its buildings. The cover was placed with Brit Syndicate through Arthur J Gallagher, covering properties in London. This is an insurance-services requirement for the borough’s building portfolio, rather than a construction or security-services contract.

The procurement is complete and the contract is active. Southwark used limited competition below the procurement threshold. Arthur J Gallagher was selected and the contract was signed on 29 September 2026. Its value is £97,061.62 excluding VAT (£108,709.01 including VAT). The contract runs from 1 October 2026 to 30 September 2027. The procurement comprised one lot. The published details do not state separate evaluation criteria.

For future Southwark requirements of this kind, credible competitors will need to arrange terrorism insurance for a local authority’s buildings and demonstrate the ability to place cover with an appropriate insurance market. This procurement shows that Southwark has used limited competition and an intermediary, Arthur J Gallagher, to place cover with Brit Syndicate. Brokers and insurance providers with relevant terrorism-risk expertise, access to suitable underwriting capacity and experience serving public-sector property portfolios are therefore well placed to compete when the requirement returns to market. Suppliers should be able to understand the borough’s building exposure and coordinate placement with insurers; the contract is for insurance cover, not for building security or physical works.

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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-0785f8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/096262-2026
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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