---
title: "Insurance - Directors & Officers Liability (CORP006)"
ocid: "ocds-b5fd17-b72f464f-d6de-4fe4-b195-a0edd4db8161"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b72f464f-d6de-4fe4-b195-a0edd4db8161"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b72f464f-d6de-4fe4-b195-a0edd4db8161.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b72f464f-d6de-4fe4-b195-a0edd4db8161.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SOMERSET NHS FOUNDATION TRUST"
published: "2025-04-30"
---

# Insurance - Directors & Officers Liability (CORP006)

Buyer: SOMERSET NHS FOUNDATION TRUST  
Current stage: Award  
OCID: ocds-b5fd17-b72f464f-d6de-4fe4-b195-a0edd4db8161

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## Summary

The Somerset NHS Foundation Trust has completed a procurement process for Directors and Officers liability insurance, titled "Insurance - Directors & Officers Liability (CORP006)." The tender falls under the liability insurance services category and is located in the South West region of the United Kingdom. The procurement stage is the award phase, completed on 1st April 2025. The contract period extends from 1st April 2025 to 31st March 2026, with the contract valued at £43,120. The procurement was conducted using a selective method, involving a call-off from a framework agreement. The tender period concluded on 28th February 2025. American International Group (UK) Ltd (AIG) was appointed as the supplier.

This tender offers significant business growth opportunities for large-scale insurance providers, particularly those specialising in liability coverage. The contract with the Somerset NHS Foundation Trust provides a steady revenue stream over a year. Although the procurement method was selective, indicating a competitive environment, businesses capable of proving their capacity to meet the Trust's specific insurance requirements were well-suited to compete. Businesses looking to engage with NHS trusts and acquire similar contracts could benefit greatly from analysing this procurement process.

## Notice

Directors and Officers liability insurance for Somerset NHS Foundation Trust Additional information: Insurance policy

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/944db91e-cf17-407b-8d4a-1fd886081106 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Not specified |
| 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 | 30 Apr 2025 |
| Submission deadline | 28 Feb 2025 |
| Future notice date | Not specified |
| Award date | 31 Mar 2025 |
| Contract period | 31 Mar 2025 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £43,120 |
| Lots value | Not specified |
| Awards value | £43,120 |
| 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 | SOMERSET NHS FOUNDATION TRUST |
| Locality | TAUNTON |
| Post town | Taunton |
| Postcode | TA1 4DY |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK6 North Somerset, Somerset and Dorset |
| ITL 3 | TLK62 Somerset |
| Local authority | Somerset |
| Electoral ward | Bishop's Hull & Taunton West |
| Westminster constituency | Taunton and Wellington |
| Delivery location | TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AMERICAN INTERNATIONAL GROUP (UK) LTD (AIG |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66516000 - Liability insurance services

## Release History

- 30 Apr 2025 at 13:24 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/944db91e-cf17-407b-8d4a-1fd886081106

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/944db91e-cf17-407b-8d4a-1fd886081106
  30th April 2025 - 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-b72f464f-d6de-4fe4-b195-a0edd4db8161. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b72f464f-d6de-4fe4-b195-a0edd4db8161.json.
