--- title: "Barrow Borough Council - Insurance" ocid: "ocds-b5fd17-da6da6d5-4f31-4975-b8f8-a9cd3ee411bb" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-da6da6d5-4f31-4975-b8f8-a9cd3ee411bb" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-da6da6d5-4f31-4975-b8f8-a9cd3ee411bb.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-da6da6d5-4f31-4975-b8f8-a9cd3ee411bb.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BARROW IN FURNESS BOROUGH COUNCIL" published: "2019-06-12" --- # Barrow Borough Council - Insurance Buyer: BARROW IN FURNESS BOROUGH COUNCIL Current stage: Tender OCID: ocds-b5fd17-da6da6d5-4f31-4975-b8f8-a9cd3ee411bb [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-da6da6d5-4f31-4975-b8f8-a9cd3ee411bb) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-da6da6d5-4f31-4975-b8f8-a9cd3ee411bb.json) ## Summary The Barrow in Furness Borough Council is initiating a tender for Insurance Services, specifically excluding broker services, from the insurance industry. This procurement, classified under CPV code 66510000 (Insurance services), is set within the North West region of the United Kingdom. The tender includes three distinct lots covering Property, Liability, and Personal Accident/Travel insurance, with the submission deadline on 8th July 2019. The contract, lasting for seven years starting 1st October 2019, is procured through an open procedure, allowing various suppliers to participate in the bidding process. This opportunity presents significant growth potential for businesses in the insurance sector, particularly those with expertise in the specified areas of coverage. Firms capable of demonstrating compliance with regulatory standards and providing evidence of financial stability, such as an "A-" rating from Standard and Poor's, will be well-positioned to compete. Additionally, businesses that can showcase a solid track record in managing risks and meeting professional qualifications for their staff are encouraged to apply, thus fostering competitive advantage in this tendering process. ## Notice Barrow-in-Furness Borough Council is looking to contract with a supplier(s) to provide Insurance Services excluding Broker services. Negotiated Tender split into 3 separate lots: Lot 1. Property - Material Damage, Business Interruption, Contract Works, Money, Computers and Specified all Risks. Lot 2. Liability - EL, PL, OI (including land charges and public health), Fidelity Guarantee, and Motor Fleet. Lot 3. Personal Accident/Travel. Suppliers can bid for multiple lots, as the Tender information will show. We are keeping this in a single ITT workflow rather than breaking it up into separate lots, if you can make clear in the tender documents the Lot(s) you are tendering for. The tender is for a 7 year contract with no option to extend. Insurers will be authorised to write the classes of insurance listed within the EU Member States subject to English/Welsh Law and jurisdiction of the English/Welsh courts. Potential suppliers may be asked to produce a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance the insurer is authorised to provide and must comply with Departments of Trade and Industry Regulations. Potential 5/6 suppliers may be asked to produce a copy of their annual reports and accounts for the last 3 years, name and address of bankers, details of last 3 years underwriting experience for the classes of business referred to in this notice. All insurers must provide evidence that they are at least "A-" rated by Standard and Poor's (or equivalent) and/or approved by JLT Market Security Committee, otherwise their submission will be automatically rejected. Details of membership of any professional body or association and education/Professional qualifications/ experience of all staff providing the services, and evidence of risk management capabilities. Please see the invitation to tender (ITT) for more details. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/aae51893-9e3d-4efe-bd43-5812fafb2f70 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 12 Jun 2019 | | Submission deadline | 8 Jul 2019 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 30 Sep 2019 - 1 Oct 2026 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BARROW IN FURNESS BOROUGH COUNCIL | | Locality | BARROW IN FURNESS | | Post town | Lancaster | | Postcode | LA14 2LD | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD1 Cumbria | | ITL 3 | TLD14 Westmorland and Furness | | Local authority | Westmorland and Furness | | Electoral ward | Old Barrow and Hindpool | | Westminster constituency | Barrow and Furness | | Delivery location | TLD North West (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66510000 - Insurance services ## Release History - 12 Jun 2019 at 08:13 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/aae51893-9e3d-4efe-bd43-5812fafb2f70 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/aae51893-9e3d-4efe-bd43-5812fafb2f70 12th June 2019 - Opportunity notice on Contracts Finder ## Notice URLs - http://www.barrowbc.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-da6da6d5-4f31-4975-b8f8-a9cd3ee411bb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-da6da6d5-4f31-4975-b8f8-a9cd3ee411bb.json.