--- title: "Insurance Services (excluding Brokers) - AWARD" ocid: "ocds-b5fd17-d58d812e-dbee-4837-ad81-94db221918ab" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d58d812e-dbee-4837-ad81-94db221918ab" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d58d812e-dbee-4837-ad81-94db221918ab.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-d58d812e-dbee-4837-ad81-94db221918ab.json" source: "Contracts Finder" current_stage: "Award" buyer: "UNIVERSITY OF SUNDERLAND" published: "2023-08-15" --- # Insurance Services (excluding Brokers) - AWARD Buyer: UNIVERSITY OF SUNDERLAND Current stage: Award OCID: ocds-b5fd17-d58d812e-dbee-4837-ad81-94db221918ab [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-d58d812e-dbee-4837-ad81-94db221918ab) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-d58d812e-dbee-4837-ad81-94db221918ab.json) ## Summary The University of Sunderland has awarded a contract for Insurance Services to be provided by FSA authorised insurance companies or discretionary mutuals. The contract, valued between GBP £1,500,000 to £2,000,000 over 5 years, covers various types of insurance including property damage, liability, professional negligence, and more. The contract period is from August 2023 to July 2026, with possible extensions up to July 2028. Interested suppliers can register on the University of Sunderland's procurement website to express their interest, with a tender period ending on May 15, 2023. This tender for Insurance Services from the University of Sunderland presents opportunities for insurance companies to provide a range of insurance covers as specified in the tender document. Successful bidders will have the chance to secure a long-term contract spanning multiple insurance categories. Companies specialising in insurance services, especially in property, liability, and professional negligence, would be well-suited to compete for this contract and contribute to the insurance needs of the University and its subsidiaries. ## Notice Awarded The University of Sunderland and its subsidiaries are seeking value for money insurance services from August 2023 from FSA authorised insurance companies or discretionary mutuals. Policy cover is being sought for the following lots :- Lot 1 - Property damage including: Materials, Business Interruption, Works in Progress and Money Lot 2 - Combined liability, including : Employers Liability, Public & Product Liability, Hirers Liability, Libel & Slander Lot 3 - Professional Negligence including Libel & Slander Lot 4 - Motor Fleet Lot 5 - Crime Lot 6 - Engineering Inspection Lot 7 - Management Liability Lot 8 - Computer Lot 9 - Personal Accident & Travel The cover is expected to commence August 2023 to July 2026 (with up to 2 x 1 year extensions taking it to a possible July 2028). The overall contract value is estimated at GBP PS1,500,000 to PS2,000,000 over 5 years' note there are no guarantees on spend levels. We also reserve the right to spend an additional 75% of the original anticipated value, subject to changes to requirements across the University for the duration of the award. To register your interest please visit https://in-tendhost.co.uk/universityofsunderland/aspx/Home Suppliers who make an Expression of Interest will be asked to complete a confidentiality agreement prior to the tender documents being released. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/628ffc37-fb11-4d13-979a-03c5787d7620 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 15 Aug 2023 | | Submission deadline | 15 May 2023 | | Future notice date | Not specified | | Award date | 13 Jul 2023 | | Contract period | 31 Jul 2023 - 31 Jul 2026 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £3,500,000 | | Lots value | Not specified | | Awards value | Not specified | | 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 | UNIVERSITY OF SUNDERLAND | | Locality | SUNDERLAND | | Post town | Sunderland | | Postcode | SR1 3SD | | Country | England | | ITL 1 | TLC North East (England) | | ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear | | ITL 3 | TLC44 Sunderland | | Local authority | Sunderland | | Electoral ward | Millfield | | Westminster constituency | Sunderland Central | | Delivery location | TLC North East (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 5 | | Supplier names | AVIVA INSURANCE; BRITISH ENGINEERING SERVICES; CNA; RSA INSURANCE GROUP; ZURICH INSURANCE | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services - 66500000 - Insurance and pension services - 66510000 - Insurance services - 66511000 - Life insurance services - 66512000 - Accident and health insurance services - 66512100 - Accident insurance services - 66516000 - Liability insurance services - 66516100 - Motor vehicle liability insurance services - 66516400 - General liability insurance services - 66516500 - Professional liability insurance services - 66517300 - Risk management insurance services - 66519200 - Engineering insurance services ## Release History - 15 Aug 2023 at 16:48 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/628ffc37-fb11-4d13-979a-03c5787d7620 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/628ffc37-fb11-4d13-979a-03c5787d7620 15th August 2023 - Awarded contract notice on Contracts Finder ## Notice URLs - http://services.sunderland.ac.uk/finance/sections/procurement/ - https://in-tendhost.co.uk/universityofsunderland/aspx/Home ## 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-d58d812e-dbee-4837-ad81-94db221918ab. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d58d812e-dbee-4837-ad81-94db221918ab.json.