---
title: "Insurance Services 2021 (Excluding Brokerage) - AWARD"
ocid: "ocds-b5fd17-c10329dc-af2f-4cf8-b0cf-0c9fdfd9f563"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c10329dc-af2f-4cf8-b0cf-0c9fdfd9f563"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c10329dc-af2f-4cf8-b0cf-0c9fdfd9f563.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c10329dc-af2f-4cf8-b0cf-0c9fdfd9f563.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "THE UNIVERSITY OF NOTTINGHAM"
published: "2021-07-20"
---

# Insurance Services 2021 (Excluding Brokerage) - AWARD

Buyer: THE UNIVERSITY OF NOTTINGHAM  
Current stage: Award  
OCID: ocds-b5fd17-c10329dc-af2f-4cf8-b0cf-0c9fdfd9f563

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## Summary

The University of Nottingham has completed the award of a tender titled "Insurance Services 2021 (Excluding Brokerage)". The procurement, classified under the industry category of insurance services, has been conducted through an open procedure. The contract, valued at £6.5 million, covers various insurance policies including property, liability, motor, personal accident, and travel insurance. The contract period is set to commence on 1st August 2021 and runs until 1st July 2022. The tender was open for bids until 11th May 2021, with the award decision published on 20th July 2021.

This tender presents significant opportunities for profit-driven businesses, particularly those specialised in various forms of insurance services, as multiple policies are available under separate lots. Companies with expertise in property, liability, motor, personal accident, and travel insurance are especially well-suited to compete for this contract. The involvement of major insurers such as Allianz Insurance plc, Chubb European Group Limited, and Zurich Municipal indicates a competitive environment where smaller and innovative insurance firms can differentiate themselves and potentially secure contracts through tailored offerings and competitive pricing.

## Notice

Insurance services 2021 - The University of Nottingham is requesting bids for its Property, Liability, Motor, Personal Accident and Travel and Computer Insurance policies. Each policy is a separate lot and insurers may bid for policies individually. Bids are welcome from insurers and mutual organisations (including discretionary mutuals). All bids must comply with the tender requirements

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1278eac2-aa61-44f9-8f2c-ac52745db808 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Jul 2021 |
| Submission deadline | 11 May 2021 |
| Future notice date | Not specified |
| Award date | 12 Jul 2021 |
| Contract period | 31 Jul 2021 - 1 Jul 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £6,500,000 |
| Lots value | Not specified |
| Awards value | £1,104,000 |
| 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 | THE UNIVERSITY OF NOTTINGHAM |
| Locality | NOTTINGHAMSHIRE |
| Post town | Nottingham |
| Postcode | NG7 2RN |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF1 Derbyshire and Nottinghamshire |
| ITL 3 | TLF14 Nottingham |
| Local authority | Nottingham |
| Electoral ward | Radford |
| Westminster constituency | Nottingham South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 4 |
| Supplier names | ALLIANZ INSURANCE; CHUBB EUROPEAN GROUP; RISK MANAGEMENT PARTNERS; ZURICH MUNICIPAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 20 Jul 2021 at 13:59 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1278eac2-aa61-44f9-8f2c-ac52745db808

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1278eac2-aa61-44f9-8f2c-ac52745db808
  20th July 2021 - 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-c10329dc-af2f-4cf8-b0cf-0c9fdfd9f563. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c10329dc-af2f-4cf8-b0cf-0c9fdfd9f563.json.