---
title: "Political and Credit Risk Insurance"
ocid: "ocds-b5fd17-4da2a984-808a-4868-bd48-a840996a8f2d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4da2a984-808a-4868-bd48-a840996a8f2d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4da2a984-808a-4868-bd48-a840996a8f2d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4da2a984-808a-4868-bd48-a840996a8f2d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UK EXPORT FINANCE"
published: "2023-09-01"
---

# Political and Credit Risk Insurance

Buyer: UK EXPORT FINANCE  
Current stage: Award  
OCID: ocds-b5fd17-4da2a984-808a-4868-bd48-a840996a8f2d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-4da2a984-808a-4868-bd48-a840996a8f2d)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-4da2a984-808a-4868-bd48-a840996a8f2d.json)

## Summary

The UK Export Finance has awarded a contract for Political and Credit Risk Insurance with a total value of £750,000. The procurement method used was selective, with a call-off from a framework agreement. The tender period ended on 1st June 2023, and the contract period spans from 1st August 2023 to 31st July 2028. The award was recently given on 1st August 2023 to multiple suppliers, including Lloyd's Underwriter Syndicates, with a total value of £3,000,000. The buying organisation is UK Export Finance based in London, United Kingdom.

This tender for Political and Credit Risk Insurance presents an opportunity for businesses in the insurance services industry. Companies specialising in insurance services and experienced in dealing with political and credit risk insurance would be well-suited to compete. The contract awarded to multiple suppliers allows for potential collaboration and growth within the industry. Businesses interested in providing such specialised services should monitor similar selective tenders for future opportunities to expand their market presence and revenue streams.

## Notice

This is a contract for political and credit risk insurance, awarded to multiple framework suppliers. The total value of the contract does not exceed the value stated above.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/15eb0725-a6a1-436a-93be-dafacc82cc06 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Sep 2023 |
| Submission deadline | 1 Jun 2023 |
| Future notice date | Not specified |
| Award date | 31 Jul 2023 |
| Contract period | 31 Jul 2023 - 31 Jul 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £750,000 |
| Lots value | Not specified |
| Awards value | £3,000,000 |
| 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 | UK EXPORT FINANCE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2HQ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 3 |
| Supplier names | LLOYD'S UNDERWRITER SYNDICATE NO. 1084 (CHAUCER; LLOYD'S UNDERWRITER SYNDICATE NO. 1919 (STARR COMPANIES; LLOYD'S UNDERWRITER SYNDICATE NO. 4444 (CANOPIUS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 1 Sep 2023 at 11:09 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/15eb0725-a6a1-436a-93be-dafacc82cc06

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/15eb0725-a6a1-436a-93be-dafacc82cc06
  1st September 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/2731eee3-f5f0-4eea-8801-83f6d27ecdad

## 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-b5fd17-4da2a984-808a-4868-bd48-a840996a8f2d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4da2a984-808a-4868-bd48-a840996a8f2d.json.