---
title: "Insurances for Isle of Wight Council"
ocid: "ocds-b5fd17-704e9597-4dfb-44e8-99db-8e9fd66669d2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-704e9597-4dfb-44e8-99db-8e9fd66669d2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-704e9597-4dfb-44e8-99db-8e9fd66669d2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-704e9597-4dfb-44e8-99db-8e9fd66669d2.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "ISLE OF WIGHT COUNCIL"
published: "2026-04-23"
---

# Insurances for Isle of Wight Council

Buyer: ISLE OF WIGHT COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-704e9597-4dfb-44e8-99db-8e9fd66669d2

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## Summary

The Isle of Wight Council has completed the procurement process for its insurance services, with plans commencing on 1st April 2025 and lasting for three years, with an option to extend for an additional four years. The procurement, valued at £6,000,000, is classified under CPV code 66510000 for insurance services, targeting the South East region of the United Kingdom. The award notice was published on 23rd April 2026 to maintain transparency, highlighting its importance in public procurement. The procurement stage reached is the award stage, which confirms the successful conclusion of the tender process.

The insurance tender offers substantial opportunities for large-scale providers, including TRAVELERS INSURANCE COMPANY LIMITED, RMP LTD, and ZURICH MANAGEMENT SERVICES LIMITED, each awarded various lots within the contract. This procurement could significantly bolster these organisations' portfolios by aligning them with public sector demands and creating a stable revenue stream over multiple years should the extension options be exercised. Although not suitable for SMEs or VCSEs, businesses experienced in large-scale insurance provision and seeking to expand their public sector engagements in the services category in England can find significant growth prospects through successful tenders for comparable procurements.

## Notice

Procurement of Isle of Wight Council insurances from 1 April 2025 for three years with the option to extend for a further period of up to 4 years on the basis of plus 24 months plus 24 months. Additional information: Please note that it has only come to light today (23/04/26) that a CF notice was not published, nor added to our Contract Register. In the interest of complete transparency we now publish the award notice.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1a5b1184-9df1-4a38-a461-de708b1769d3 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Apr 2026 |
| Submission deadline | 13 Dec 2024 |
| Future notice date | Not specified |
| Award date | 1 Feb 2025 |
| Contract period | 31 Mar 2025 - 31 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £6,000,000 |
| Lots value | Not specified |
| Awards value | £6,000,000 |
| 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 | ISLE OF WIGHT COUNCIL |
| Locality | NEWPORT |
| Post town | Portsmouth |
| Postcode | PO30 1UD |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ34 Isle of Wight |
| Local authority | Isle of Wight |
| Electoral ward | Newport Central |
| Westminster constituency | Isle of Wight West |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 3 |
| Supplier names | RMP; TRAVELERS INSURANCE; ZURICH MANAGEMENT SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 23 Apr 2026 at 15:22 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1a5b1184-9df1-4a38-a461-de708b1769d3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1a5b1184-9df1-4a38-a461-de708b1769d3
  23rd April 2026 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.iow.gov.uk

## 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-b5fd17-704e9597-4dfb-44e8-99db-8e9fd66669d2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-704e9597-4dfb-44e8-99db-8e9fd66669d2.json.