---
title: "PURCON 2120 - Provision of Insurance Services only - AWARD"
ocid: "ocds-b5fd17-4cbd45d6-b4f7-44ca-9ad8-a7f340382361"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4cbd45d6-b4f7-44ca-9ad8-a7f340382361"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4cbd45d6-b4f7-44ca-9ad8-a7f340382361.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4cbd45d6-b4f7-44ca-9ad8-a7f340382361.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UNIVERSITY OF EAST ANGLIA"
published: "2025-03-13"
---

# PURCON 2120 - Provision of Insurance Services only - AWARD

Buyer: UNIVERSITY OF EAST ANGLIA  
Current stage: Award  
OCID: ocds-b5fd17-4cbd45d6-b4f7-44ca-9ad8-a7f340382361

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## Summary

The University of East Anglia has conducted a public procurement process for the provision of insurance services, specifically excluding any form of insurance broking services. The tender, titled "PURCON 2120 - Provision of Insurance Services only - AWARD," falls under the industry category of insurance services (CPV Code: 66510000). Located in the East of England, specifically at the University’s address in Norwich Research Park, the process proceeded through a selective, restricted procedure. The initial deadline for lead insurer quotations was on 2nd October 2024, followed by a secondary deadline for follow market quotations on 15th October 2024. The awarded contract has a duration from 11th November 2024 to 30th September 2028.

This tender presents significant opportunities for businesses specialising in insurance services to engage with a prominent academic institution. Since multiple insurers will provide the coverage, this multimarket approach is ideal for robust insurance firms capable of fulfilling substantial portions of the coverage as either lead insurers or as part of the follow market. The emphasis on achieving 100% capacity through a competitive two-stage process allows numerous firms the potential to participate and secure portions of the project, fostering business growth in these competitive sectors. Lead and follow insurers such as Chubb European Group PLC, HDI Global SE - UK & Ireland, Liberty Specialty Markets, Munich Re, and QBE European Operations have already been awarded positions in this project, highlighting the significant business growth potential within the East Anglia academic market.

## Notice

The University of East Anglia is conducting a tender process for provision of insurance cover only and is not an Insurance Broker Tender and specifically excludes any form of Insurance Broking Service. It is expected that multiple insurers will be required to provide sufficient capacity for this project. Therefore, respondents to this ITT will do so as a potential Lead insurer (ITT stage 1) and will provide a lead quotation in the first instance (deadline 2nd October). Once a lead has been identified, all other insurers will be given a second opportunity (ITT stage 2), to respond to this tender but as a follow market to obtain 100% capacity. All follow markets, including those unsuccessful lead market respondents, will be presented with the terms of the successful Lead insurer as part of this second opportunity to quote (deadline 15th October). Bids from follow markets will be ranked based on the most economically advantageous tender until minimum 100% capacity is obtained. Parts of the evaluation criteria will not be applicable to follow markets and no response is required under those parts of the tender marked "APPLICABLE TO LEAD ONLY". A "line to stand" will not be reduced and in the event of over-capacity, the share of the follow markets will be proportionately reduced to ensure 100% (subject to minimum levels). There is no expectation that any one insurer would be able to accept 100% capacity and consequently the University has determined a two-stage process is required. TO CLARIFY, IF YOU WANT TO TAKE PART IN THIS TENDER AT STAGE 2 (AS A FOLLOW), PART 1 - QUALIFICATION QUESTIONNAIRE MUST STILL BE COMPLETED AND RETURNED IN ADVANCE OF THE 2ND OCTOBER DEADLINE. THIS WILL ENSURE YOU ARE TAKEN THROUGH TO STAGE 2 OF THE ITT.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7b808a4c-c3f9-4a9c-8303-548de83f23fc |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Mar 2025 |
| Submission deadline | 2 Oct 2024 |
| Future notice date | Not specified |
| Award date | 23 Oct 2024 |
| Contract period | 11 Nov 2024 - 30 Sep 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| 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 | UNIVERSITY OF EAST ANGLIA |
| Locality | NORWICH RESEARCH PARK |
| Post town | Norwich |
| Postcode | NR4 7TJ |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH5 Norfolk |
| ITL 3 | TLH51 Norwich and East Norfolk |
| Local authority | Norwich |
| Electoral ward | University |
| Westminster constituency | Norwich South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 5 |
| Supplier names | CHUBB EUROPEAN GROUP; HDI GLOBAL SE - UK & IRELAND; LIBERTY SPECIALTY MARKETS; MUNICH RE; QBE EUROPEAN OPERATIONS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 13 Mar 2025 at 11:04 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7b808a4c-c3f9-4a9c-8303-548de83f23fc

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/7b808a4c-c3f9-4a9c-8303-548de83f23fc
  13th March 2025 - Awarded contract notice on Contracts Finder

## Provenance

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