---
title: "Insurance Services (Financial Lines)"
ocid: "ocds-b5fd17-2054c5a8-da12-4a9f-a974-dd359b6456c6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2054c5a8-da12-4a9f-a974-dd359b6456c6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2054c5a8-da12-4a9f-a974-dd359b6456c6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2054c5a8-da12-4a9f-a974-dd359b6456c6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON UNIVERSITIES PURCHASING CONSORTIUM"
published: "2020-08-19"
---

# Insurance Services (Financial Lines)

Buyer: LONDON UNIVERSITIES PURCHASING CONSORTIUM  
Current stage: Award  
OCID: ocds-b5fd17-2054c5a8-da12-4a9f-a974-dd359b6456c6

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2054c5a8-da12-4a9f-a974-dd359b6456c6)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2054c5a8-da12-4a9f-a974-dd359b6456c6.json)

## Summary

The London Universities Purchasing Consortium has awarded a contract for Insurance Services (Financial Lines) to RSA Insurance Group plc. This procurement, categorised under insurance services, was initiated through an open procedure and the contract period will run from 1st August 2020 until 31st July 2025, with an option to extend for a further two years. The tender ended on 16th June 2020, and it encompasses various delivery addresses in the British Overseas Territories, Channel Islands, Europe, the Isle of Man, Rest of the World, and the United Kingdom, totalled at a value of £13 million.

This tender presents significant opportunities for businesses involved in insurance services, particularly those specialising in professional indemnity, directors and officers liability, and crime/fidelity guarantees. Small and medium-sized enterprises (SMEs) that can demonstrate relevant expertise and capability may find this contract an ideal opportunity to expand their offerings within the education sector and other organisations under the jurisdiction of the London Universities Purchasing Consortium.

## Notice

London Universities Purchasing Consortium (LUPC) has awarded its financial lines insurance covers (professional indemnity, directors and officers liability and crime/fidelity guarantee) commencing 1.8.20 on a three-year basis with the option to extend for a further two years to the provider as advised.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/37e60d1a-a31b-4188-be4b-4f7823e9641c |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Aug 2020 |
| Submission deadline | 15 Jun 2020 |
| Future notice date | Not specified |
| Award date | 19 Jul 2020 |
| Contract period | 31 Jul 2020 - 31 Jul 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £13,000,000 |
| 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 | LONDON UNIVERSITIES PURCHASING CONSORTIUM |
| Locality | LONDON |
| Post town | West London |
| Postcode | W1T 7NZ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI36 Camden |
| Local authority | Camden |
| Electoral ward | Bloomsbury |
| Westminster constituency | Holborn and St Pancras |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | RSA INSURANCE GROUP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 19 Aug 2020 at 12:30 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/37e60d1a-a31b-4188-be4b-4f7823e9641c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/37e60d1a-a31b-4188-be4b-4f7823e9641c
  19th August 2020 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.lupc.ac.uk

## 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-b5fd17-2054c5a8-da12-4a9f-a974-dd359b6456c6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2054c5a8-da12-4a9f-a974-dd359b6456c6.json.