---
title: "Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties"
ocid: "ocds-b5fd17-c4337044-eeaf-4128-a30d-9511cc1eb0c9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c4337044-eeaf-4128-a30d-9511cc1eb0c9"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c4337044-eeaf-4128-a30d-9511cc1eb0c9.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c4337044-eeaf-4128-a30d-9511cc1eb0c9.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF HACKNEY"
published: "2024-09-11"
---

# Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties

Buyer: LONDON BOROUGH OF HACKNEY  
Current stage: Award  
OCID: ocds-b5fd17-c4337044-eeaf-4128-a30d-9511cc1eb0c9

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c4337044-eeaf-4128-a30d-9511cc1eb0c9)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c4337044-eeaf-4128-a30d-9511cc1eb0c9.json)

## Summary

The London Borough of Hackney has successfully completed the procurement process for a property insurance contract covering leasehold flats, shared ownership and mortgaged properties. This insurance service, classified under the CPV code 66510000, is valued at £23,059,935 and covers properties across England, United Kingdom. The title of the tender is "Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties," and it was carried out under an open procedure. The tendering stage concluded on 16th October 2023, and the contract award was made on 1st March 2024. The contract period spans from 1st April 2024 to 31st March 2027.

The awarded contract presents significant opportunities for businesses involved in the insurance sector, particularly those with expertise in property insurance. Large-scale insurers, like the winning supplier, Protector Insurance, are well-suited for such tenders due to the scale and value of the contract. Businesses focusing on expanding their service offerings in the public sector, or those looking to establish long-term contracts with local government entities would find this tender advantageous for growth. Engaging in such contracts can lead to increased revenue streams and bolster an insurer's portfolio within the UK property market.

## Notice

Provision property insurance in respect of private dwellings sold on a leasehold basis, cover includes mortgaged properties and some shared ownership where the Council has agreed to continue the insurance arrangements.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4844786a-d85c-44d7-bcf4-4335df815479 |
| 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 | 11 Sep 2024 |
| Submission deadline | 16 Oct 2023 |
| Future notice date | Not specified |
| Award date | 1 Mar 2024 |
| Contract period | 31 Mar 2024 - 31 Mar 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £22,000,000 |
| Lots value | Not specified |
| Awards value | £23,059,935 |
| 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 | LONDON BOROUGH OF HACKNEY |
| Locality | HACKNEY |
| Post town | East London |
| Postcode | E8 1DY |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Hackney |
| Electoral ward | Hackney Central |
| Westminster constituency | Hackney South and Shoreditch |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PROTECTOR INSURANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 11 Sep 2024 at 13:50 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/4844786a-d85c-44d7-bcf4-4335df815479

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4844786a-d85c-44d7-bcf4-4335df815479
  11th September 2024 - Awarded contract notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=a8e0b13b-2e4e-ee11-8124-005056b64545
  Advert

## Notice URLs

- http://www.hackney.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-c4337044-eeaf-4128-a30d-9511cc1eb0c9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c4337044-eeaf-4128-a30d-9511cc1eb0c9.json.