---
title: "TfL 93763 Insurance Broking Services"
ocid: "ocds-b5fd17-e93c9407-e0bb-41a9-8378-3d0be0bfa11e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e93c9407-e0bb-41a9-8378-3d0be0bfa11e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e93c9407-e0bb-41a9-8378-3d0be0bfa11e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e93c9407-e0bb-41a9-8378-3d0be0bfa11e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "TRANSPORT FOR LONDON"
published: "2018-01-02"
---

# TfL 93763 Insurance Broking Services

Buyer: TRANSPORT FOR LONDON  
Current stage: Award  
OCID: ocds-b5fd17-e93c9407-e0bb-41a9-8378-3d0be0bfa11e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-e93c9407-e0bb-41a9-8378-3d0be0bfa11e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-e93c9407-e0bb-41a9-8378-3d0be0bfa11e.json)

## Summary

Transport for London (TfL) has initiated a tender for "TfL 93763 Insurance Broking Services", aiming to contract an organisation for insurance brokerage and consultancy services. This procurement process falls within the services industry category and is being conducted in London, United Kingdom. The tender is currently in the award stage, with key deadlines including the end of the tender period on 16 October 2017 and the contract period set to commence on 1 January 2018, running for an initial term of four years, with an option to extend for an additional two years. The procurement method utilised is an open procedure.

This tender presents a significant opportunity for businesses specialising in insurance brokerage and consultancy services to expand their portfolios, particularly those capable of meeting TfL's operational and financial coverage needs. Companies with experience in providing insurance solutions, especially those familiar with the regulatory environment and operational requirements of public sector organisations, would be well-suited to compete for this contract. With the total contract value set at £1,169,000, this opportunity could enhance the successful bidder's standing in the market and foster long-term partnerships within the public sector.

## Notice

Transport for London (TfL) is seeking an organisation to enter into a contract for the provision of InsuranceBroking Services. TfL purchases a range of insurances in order to provide coverage for its operational, financial & contractualliabilities and requirements. It undertakes this through the activity and work of its Group Insurance team assistedby its General Insurance Brokers. TfL has a contract in place for General Insurance Broking Services which is due to expire in 2018. Thistender request is a retender of this contract for Insurance Broking services to be in place for Jan 2018. TfL isconducting a competitive tender for this contract which will be let for an initial contract term of 4 years with anoption to extend for up to a further 2 years (1+1).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/2ef1d132-c017-4aac-8f2b-ee121c150c4e |
| 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 | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Jan 2018 |
| Submission deadline | 16 Oct 2017 |
| Future notice date | Not specified |
| Award date | 19 Dec 2017 |
| Contract period | 19 Jan 2018 - 18 Jan 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £1,169,000 |
| 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 | TRANSPORT FOR LONDON |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0BD |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MARSH |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66518100 - Insurance brokerage services
- 66519310 - Insurance consultancy services

## Release History

- 2 Jan 2018 at 14:19 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2ef1d132-c017-4aac-8f2b-ee121c150c4e
- 18 Sep 2017 at 09:13 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/2ef1d132-c017-4aac-8f2b-ee121c150c4e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2ef1d132-c017-4aac-8f2b-ee121c150c4e
  18th September 2017 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=719bb8bf-019a-e711-80e6-005056b64545
  Advert

## Notice URLs

- https://tfl.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-e93c9407-e0bb-41a9-8378-3d0be0bfa11e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e93c9407-e0bb-41a9-8378-3d0be0bfa11e.json.