---
title: "C1257 - D&O Insurance Policy - 2nd Excess Layer"
ocid: "ocds-b5fd17-37ab00e2-99d9-4645-b3c3-04dcfa528106"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-37ab00e2-99d9-4645-b3c3-04dcfa528106"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-37ab00e2-99d9-4645-b3c3-04dcfa528106.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-37ab00e2-99d9-4645-b3c3-04dcfa528106.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NATIONAL WEALTH FUND LIMITED"
published: "2026-03-06"
---

# C1257 - D&O Insurance Policy - 2nd Excess Layer

Buyer: NATIONAL WEALTH FUND LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-37ab00e2-99d9-4645-b3c3-04dcfa528106

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-37ab00e2-99d9-4645-b3c3-04dcfa528106.json)

## Summary

The procurement process for the Directors & Officers Insurance Policy, specifically the second excess layer, was conducted by National Wealth Fund Limited based in Leeds, England. The tender, classified under insurance services, was awarded and completed following a direct procurement method with a single tender action below threshold. The procurement aimed to provide an additional £10 million in liability coverage. The contract commenced on 6 February 2026 and will conclude on 5 February 2027. The award status was active as of 6 February 2026, with the contract valued at £41,262.85. This procurement belonged to the services category and was primarily open to small and medium-sized enterprises (SMEs), with no specific focus on voluntary, community, and social enterprises (VCSE).

This tender presents substantial business growth opportunities for firms specialising in insurance services, particularly those experienced in handling Directors & Officers insurance policies. SMEs could leverage this opportunity to expand their market presence by offering competitive products in this sector. Companies like AON UK Ltd, a large-scale supplier, successfully secured the contract, demonstrating the potential for larger companies to tap into government procurement frameworks. Businesses with expertise in the insurance industry and a robust service offering could find such tenders advantageous for establishing long-term contractual relations with organisations like National Wealth Fund Limited, thereby enhancing their portfolio and revenue streams.

## Notice

D&O Insurance Policy - 2nd Excess Layer - Additional PS10m Total limit of Liability.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4cf406cc-cccf-4e49-a1a9-2e3ce0d88331 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Mar 2026 |
| Submission deadline | 5 Feb 2026 |
| Future notice date | Not specified |
| Award date | 5 Feb 2026 |
| Contract period | 6 Feb 2026 - 5 Feb 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £41,262 |
| 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 | NATIONAL WEALTH FUND LIMITED |
| Locality | LEEDS |
| Post town | Leeds |
| Postcode | LS1 4HR |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE42 Leeds |
| Local authority | Leeds |
| Electoral ward | Hunslet & Riverside |
| Westminster constituency | Leeds South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AON |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 6 Mar 2026 at 17:04 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/4cf406cc-cccf-4e49-a1a9-2e3ce0d88331

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4cf406cc-cccf-4e49-a1a9-2e3ce0d88331
  6th March 2026 - 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-b5fd17-37ab00e2-99d9-4645-b3c3-04dcfa528106. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-37ab00e2-99d9-4645-b3c3-04dcfa528106.json.