---
title: "VOLUNTARY EX ANTE TRANSPARENCY (VEAT) NOTICE Provision of Medical Malpractice and Professional Indemnity Insurance (Care Agency)"
ocid: "ocds-b5fd17-44e7ab72-a2ad-4004-b062-6c4170917a9c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-44e7ab72-a2ad-4004-b062-6c4170917a9c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-44e7ab72-a2ad-4004-b062-6c4170917a9c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-44e7ab72-a2ad-4004-b062-6c4170917a9c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "HM GOVERNMENT OF GIBRALTAR"
published: "2026-07-07"
---

# VOLUNTARY EX ANTE TRANSPARENCY (VEAT) NOTICE Provision of Medical Malpractice and Professional Indemnity Insurance (Care Agency)

Buyer: HM GOVERNMENT OF GIBRALTAR  
Current stage: Award  
OCID: ocds-b5fd17-44e7ab72-a2ad-4004-b062-6c4170917a9c

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## Summary

The public procurement process conducted by HM Government of Gibraltar involved the provision of Medical Malpractice and Professional Indemnity Insurance specifically for the Care Agency. Classified under the insurance services industry category, this procurement took place in Gibraltar and reached the award stage on 7th July 2026. The contract, valued at £740,000, will span from 29th July 2026 to 28th July 2028. Implemented through a limited procurement method, this was a negotiated procedure without prior publication above the threshold. No further contract notice was published, adhering to Regulation 32A(2)(a) of the Procurement (Public Sector Contracts) Regulations 2016. The need for continuous insurance cover and limited market interest led to the direct award to Capurro Insurance & Investments Ltd, with Lian Camilleri as the contact point for further inquiries.

This contract presents substantial opportunities for businesses involved in insurance services, particularly those capable of providing comprehensive coverage solutions despite market limitations. Small and medium-sized enterprises (SMEs) with expertise in crafting tailored insurance packages could find this procurement appealing, especially those already engaged in or seeking to enter the Gibraltar market. Given the strategic importance of uninterrupted insurance for clinical and operational activities, businesses that can offer competitive and robust insurance solutions may find similar procurement processes a valuable addition to their portfolios, paving the way for growth through government contracts.

## Notice

Transparency Notice This notice is published voluntarily for transparency purposes only and does not seek expressions of interest or responses from the market. Contract Description The contract is for the provision of Medical Malpractice Insurance and Professional Indemnity Insurance for the Care Agency (Department). Procurement Background Separate procurement exercises were undertaken for each requirement following market engagement intended to encourage greater competition. Only one tender was received in response to each exercise. The sole tenderer proposed a combined insurance placement covering both requirements and maintained this position following clarification that the requirements had been tendered separately. Market Response The Contracting Authority has concluded that the tenders received were not suitable for award in the form originally tendered, as they were not capable, without substantial amendment to the procurement structure, of meeting the requirements set out in the procurement documents. Market feedback from another interested economic operator also indicated that there was no appetite within the insurance market to submit a tender for these requirements. Proposed Arrangement The proposed contract will provide continuous cover through a single combined insurance arrangement. Contract Value Estimated annual value: PS370,000. Estimated total value: PS740,000 over an initial two-year term. Value breakdown: net annual premium PS296,000; broker fee PS74,000. Legal Basis The Contracting Authority intends to award the contract without prior publication of a further contract notice pursuant to Regulation 32A(2)(a) of the Procurement (Public Sector Contracts) Regulations 2016. Justification The Department requires uninterrupted insurance protection for its clinical and operational activities. The combined arrangement has been reviewed by the Department and is considered capable of meeting its operational requirements. Having regard to the previous procurement procedures, the absence of suitable tenders capable of award in the form tendered, the documented market feedback and the need to avoid a gap in essential insurance protection, the Contracting Authority considers that the direct award is justified under Regulation 32A(2)(a). Voluntary Standstill A voluntary standstill period of 10 calendar days will be observed from publication of this notice before entering into the contract.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1ded3547-1ec5-46cf-b61a-c2fa7624a727 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Negotiated procedure without prior publication (above threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Jul 2026 |
| Submission deadline | 17 Jul 2026 |
| Future notice date | Not specified |
| Award date | 6 Jul 2026 |
| Contract period | 28 Jul 2026 - 28 Jul 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £740,000 |
| Lots value | Not specified |
| Awards value | £740,000 |
| 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 | HM GOVERNMENT OF GIBRALTAR |
| Locality | GIBRALTAR |
| Post town | Not specified |
| Postcode | GX11 1AA |
| Country | Not specified |
| ITL 1 | Not specified |
| ITL 2 | Not specified |
| ITL 3 | Not specified |
| Local authority | Not specified |
| Electoral ward | Not specified |
| Westminster constituency | Not specified |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CAPURRO INSURANCE & INVESTMENTS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 7 Jul 2026 at 10:55 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1ded3547-1ec5-46cf-b61a-c2fa7624a727

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1ded3547-1ec5-46cf-b61a-c2fa7624a727
  7th July 2026 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://procurement.gov.gi

## Provenance

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