---
title: "Insurance Services (Financial Lines)"
ocid: "ocds-b5fd17-51b27ccd-a9f6-4078-9095-3a8af235030a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-51b27ccd-a9f6-4078-9095-3a8af235030a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-51b27ccd-a9f6-4078-9095-3a8af235030a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-51b27ccd-a9f6-4078-9095-3a8af235030a.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "LONDON UNIVERSITIES PURCHASING CONSORTIUM"
published: "2020-05-14"
---

# Insurance Services (Financial Lines)

Buyer: LONDON UNIVERSITIES PURCHASING CONSORTIUM  
Current stage: Tender  
OCID: ocds-b5fd17-51b27ccd-a9f6-4078-9095-3a8af235030a

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-51b27ccd-a9f6-4078-9095-3a8af235030a)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-51b27ccd-a9f6-4078-9095-3a8af235030a.json)

## Summary

The London Universities Purchasing Consortium (LUPC) is seeking quotations for an open tender for Insurance Services (Financial Lines), which includes professional indemnity, directors and officers liability, and crime/fidelity guarantee policies. The contract is set to commence on 1st August 2020 and will last for three years, with an option to extend for an additional two years. The tender period will close on 16th June 2020. This procurement falls under the services category, specifically the insurance services industry, and it is applicable to various delivery locations including the United Kingdom and other regions such as the British Overseas Territories and Europe.

This tender presents an excellent opportunity for businesses that specialise in insurance services, particularly those focused on financial lines. Small and medium-sized enterprises (SMEs) are encouraged to participate, as LUPC aims to support their involvement. Businesses capable of providing comprehensive insurance coverage and those looking to expand their portfolio in the education and non-profit sectors will find this an advantageous opportunity to grow and establish long-term partnerships with universities and educational institutions.

## Notice

London Universities Purchasing Consortium (LUPC), is seeking quotations for 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. The LUPC Insurance Group (IG) is a group of 40 participating institutions, principally made up of members of LUPC (https://www.lupc.ac.uk/member-list) together with a number of SUPC institutions (http://www.supc.ac.uk/about-us/our-members/our-members). It is also possible that at some point within the lifetime of the agreement it may be used by members (full and associate) of other HE purchasing consortia. It should be noted that LUPC are not seeking any broker services through this procurement. Gallagher as the appointed insurance broker to LUPC, will provide technical support and guidance throughout the procurement exercise. For the avoidance of doubt, LUPC as the contracting authority, will have complete control over bid evaluations and make all awards.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3dec954f-c60a-4172-8683-2f8dbd0d2715 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 May 2020 |
| Submission deadline | 16 Jun 2020 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Jul 2020 - 31 Jul 2025 |
| 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 | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| 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 |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 14 May 2020 at 07:31 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/3dec954f-c60a-4172-8683-2f8dbd0d2715

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3dec954f-c60a-4172-8683-2f8dbd0d2715
  14th May 2020 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.supc.ac.uk/about-us/our-members/our-members
- https://www.lupc.ac.uk
- https://www.lupc.ac.uk/member-list

## 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-b5fd17-51b27ccd-a9f6-4078-9095-3a8af235030a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-51b27ccd-a9f6-4078-9095-3a8af235030a.json.