---
title: "Corporate Insurance"
ocid: "ocds-b5fd17-90515788-e42d-4582-8c84-b28f0f39883b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-90515788-e42d-4582-8c84-b28f0f39883b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-90515788-e42d-4582-8c84-b28f0f39883b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-90515788-e42d-4582-8c84-b28f0f39883b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SOUTHAMPTON CITY COUNCIL"
published: "2020-06-05"
---

# Corporate Insurance

Buyer: SOUTHAMPTON CITY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-90515788-e42d-4582-8c84-b28f0f39883b

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-90515788-e42d-4582-8c84-b28f0f39883b)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-90515788-e42d-4582-8c84-b28f0f39883b.json)

## Summary

The procurement process for "Corporate Insurance" was concluded by Southampton City Council, which serves as the contracting authority. This contract falls under the insurance services industry category (CPV Code: 66510000) and covers various insurance lots awarded to different suppliers, including Zurich Municipal, Travelers Insurance Company Limited, and Risk Management Partners Ltd. The procurement method utilised was selective, specifically as a call-off from a framework agreement, with a total contract value of £5,406,173. The contract period commenced on 1st April 2020 and will extend until 31st March 2025. Notably, the tender period ended on 20th November 2019.

This tender presents lucrative opportunities for large insurance companies and firms specialising in risk management services. Given the nature of the awarded lots, businesses that offer comprehensive insurance brokerage and associated services, particularly within property, liability, crime, and engineering sectors, would be well-positioned to vie for similar contracts in the future. The ongoing management of such contracts may also allow businesses to establish long-term partnerships and enhance their service offerings within the public sector.

## Notice

A call off from the YPO - 000964 Insurance Brokerage and Associated Services framework. Zurich have been awarded Lots 1,2 & 5 Lot 1: Property including Terrorism - TCV for PS2,174,148.10 Lot 2: Liability and Crime - TCV for PS2,384,117.60 Lot 5: Engineering Insurance and Inspection - TCV for PS391,937.91 Travelers UK have been awarded lot 3 Lot 3: Motor for PS87,148 Risk Management Partners have been awarded lot 4 Lot 4: Corporate insurance for PS20,227

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4780dbf4-f129-4b8b-aac3-e3bef8c57137 |
| 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, SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Jun 2020 |
| Submission deadline | 20 Nov 2019 |
| Future notice date | Not specified |
| Award date | 30 Mar 2020 |
| Contract period | 31 Mar 2020 - 31 Mar 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £5,406,173 |
| Lots value | Not specified |
| Awards value | £5,406,173 |
| 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 | SOUTHAMPTON CITY COUNCIL |
| Locality | SOUTHAMPTON |
| Post town | Southampton |
| Postcode | SO14 7LY |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ32 Southampton |
| Local authority | Southampton |
| Electoral ward | Bargate |
| Westminster constituency | Southampton Itchen |
| Delivery location | TLJ South East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 3 |
| Supplier names | RISK MANAGEMENT PARTNERS; TRAVELERS INSURANCE; ZURICH MUNICIPAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 5 Jun 2020 at 14:37 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/4780dbf4-f129-4b8b-aac3-e3bef8c57137

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4780dbf4-f129-4b8b-aac3-e3bef8c57137
  5th June 2020 - Awarded contract 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-b5fd17-90515788-e42d-4582-8c84-b28f0f39883b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-90515788-e42d-4582-8c84-b28f0f39883b.json.