---
title: "Insurance Services 2019/20 - AWARD"
ocid: "ocds-b5fd17-0a817922-8aad-4ff7-94cc-35124ddbfee7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0a817922-8aad-4ff7-94cc-35124ddbfee7"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0a817922-8aad-4ff7-94cc-35124ddbfee7.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-0a817922-8aad-4ff7-94cc-35124ddbfee7.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE UNIVERSITY OF NOTTINGHAM"
published: "2020-06-04"
---

# Insurance Services 2019/20 - AWARD

Buyer: THE UNIVERSITY OF NOTTINGHAM  
Current stage: Award  
OCID: ocds-b5fd17-0a817922-8aad-4ff7-94cc-35124ddbfee7

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## Summary

The University of Nottingham has completed the procurement process for Insurance Services covering the period from 1 August 2019 to 31 July 2020. The tender, officially titled "Insurance Services 2019/20 - AWARD," falls under the service industry category related to insurance, classified with CPV code 66510000. The initial contract value was set at £1,500,000, with a minimum value of £600,000. This procurement was conducted through an open method, and while the tender period closed on 20 May 2019, the awarded contracts to Allianz Insurance plc and Royal & SunAlliance Insurance Plc were published on 4 June 2020.

This procurement presents significant opportunities for businesses involved in insurance services, particularly those offering policies in motor, directors and officers, professional indemnity, crime/fidelity, and pension trustee liability. Insurers looking to establish a long-term relationship with a reputable educational institution may find this to be an attractive avenue for growth. Companies equipped to provide comprehensive insurance solutions and able to cooperate directly with contracting authorities can leverage this contract to enhance their market presence within the region.

## Notice

The University of Nottingham is tendering for the provision of insurance policies for The University of Nottingham and its subsidiary companies. The requirement does not include broker services. The contract will initially be for one (1) year commencing on 1 August 2019 and ending on 31 July 2020 with options for long term agreements up to a further 2 years. The University of Nottingham requires the provision of Insurance Services from Insurers, Reinsurers or Discretionary Mutuals. The University can deal with Insurers who insure directly with the University as well as those who normally operate through a Broker. The University has an appointed Insurance Broker, Henderson Insurance Brokers Ltd who will provide technical support and guidance to the University throughout this procurement exercise. The University is not seeking services of another Insurance Broker. The policies required are: Lot 1 Motor Lot 2 Directors and Officers Lot 3 Professional Indemnity Lot 4 Crime/ fidelity Lot 5 Pension Trustee Liability

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4ef8a74d-2599-4dff-9909-dc51878e062b |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Jun 2020 |
| Submission deadline | 20 May 2019 |
| Future notice date | Not specified |
| Award date | 22 Jul 2019 |
| Contract period | 31 Jul 2019 - 31 Jul 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,500,000 |
| Lots value | Not specified |
| Awards value | £216,150 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE UNIVERSITY OF NOTTINGHAM |
| Locality | NOTTINGHAMSHIRE |
| Post town | Nottingham |
| Postcode | NG7 2RN |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF14 Nottingham |
| Local authority | Nottingham |
| Electoral ward | Radford |
| Westminster constituency | Nottingham South |
| Delivery location | TLF East Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | ALLIANZ INSURANCE; ROYAL & SUNALLIANCE INSURANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 4 Jun 2020 at 09:57 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/4ef8a74d-2599-4dff-9909-dc51878e062b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4ef8a74d-2599-4dff-9909-dc51878e062b
  4th June 2020 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-0a817922-8aad-4ff7-94cc-35124ddbfee7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0a817922-8aad-4ff7-94cc-35124ddbfee7.json.