---
title: "Insurance Services Review 2019 (excluding broker services)"
ocid: "ocds-b5fd17-63bd5d94-9872-4462-9d6b-39a2f997fe6e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-63bd5d94-9872-4462-9d6b-39a2f997fe6e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-63bd5d94-9872-4462-9d6b-39a2f997fe6e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-63bd5d94-9872-4462-9d6b-39a2f997fe6e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LOCKTON COMPANIES LLP"
published: "2019-10-11"
---

# Insurance Services Review 2019 (excluding broker services)

Buyer: LOCKTON COMPANIES LLP  
Current stage: Award  
OCID: ocds-b5fd17-63bd5d94-9872-4462-9d6b-39a2f997fe6e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-63bd5d94-9872-4462-9d6b-39a2f997fe6e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-63bd5d94-9872-4462-9d6b-39a2f997fe6e.json)

## Summary

The Post Office Limited, through its appointed broker Lockton Companies LLP, conducted a tender for "Insurance Services Review 2019 (excluding broker services)" aimed at providing comprehensive insurance coverage for various risks including Crime, Motor Liability, Cyber, and Property Damage. The procurement process followed an open method and was classified under the Financial and Insurance Services category. The contract period will run from 1 November 2019 to 31 October 2020. The tender was published on 17 July 2019, with a submission deadline set for 26 August 2019. The contract awards were announced on 10 October 2019, confirming Zurich and QBE as the successful suppliers.

This procurement opportunity represents a significant growth potential for businesses in the insurance sector, particularly those capable of delivering specialised insurance solutions and risk management services. Companies with expertise in areas such as professional indemnity, property damage, and business interruption would find this contract particularly relevant. Large-scale insurance providers, who can meet the rigorous requirements set out by the contracting authority, are best positioned to compete for this tender.

## Notice

The tender is for the provision of insurance for Crime, Specie, Motor/Combined Liability, Professional Indemnity, Cyber, Property Damage and Business Interruption, Directors and Officers, Sabotage and Terrorism, Personal Accident and Business Travel risks for Post Office Limited. Bids are invited for a minimum period of 12 months with options for two years, three years or three plus two years. Lockton is the appointed broker to the Contracting Authority and brokers dealing with insurance are not invited to submit bids.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/dbe732c7-79c7-4e35-ad7c-83343ed09588 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Oct 2019 |
| Submission deadline | 26 Aug 2019 |
| Future notice date | Not specified |
| Award date | 9 Oct 2019 |
| Contract period | 1 Nov 2019 - 31 Oct 2020 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1 |
| 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 | LOCKTON COMPANIES LLP |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC3A 7AG |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Aldgate |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | QBE; ZURICH |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 11 Oct 2019 at 09:14 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/dbe732c7-79c7-4e35-ad7c-83343ed09588
- 17 Jul 2019 at 13:06 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/8d8bb20f-ff2f-4a45-910d-97d4e662e35f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/dbe732c7-79c7-4e35-ad7c-83343ed09588
  11th October 2019 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/8d8bb20f-ff2f-4a45-910d-97d4e662e35f
  17th July 2019 - Opportunity 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-b5fd17-63bd5d94-9872-4462-9d6b-39a2f997fe6e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-63bd5d94-9872-4462-9d6b-39a2f997fe6e.json.