---
title: "Insurance Programme - AWARD"
ocid: "ocds-b5fd17-f8b13d7f-d7ea-4599-aa0f-298b524aa55c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f8b13d7f-d7ea-4599-aa0f-298b524aa55c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f8b13d7f-d7ea-4599-aa0f-298b524aa55c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f8b13d7f-d7ea-4599-aa0f-298b524aa55c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UNIVERSITY OF CUMBRIA"
published: "2024-10-31"
---

# Insurance Programme - AWARD

Buyer: UNIVERSITY OF CUMBRIA  
Current stage: Award  
OCID: ocds-b5fd17-f8b13d7f-d7ea-4599-aa0f-298b524aa55c

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## Summary

The University of Cumbria has completed the procurement process for its "Insurance Programme," under the industry category of Insurance Services (CPV 66510000). The contracting authority is based in Carlisle, Cumbria, and the restricted procurement process was employed, indicating a selective method. The tender period concluded on 5th June 2024, and the contract spans from 1st August 2024 to 31st July 2027. Key dates include the award date of 1st August 2024, and the most recent publishing of award details on 31st October 2024. This procurement aims to provide comprehensive insurance products based on risk assessments and involves working closely with brokers and direct insurers.

This tender presents significant opportunities for businesses in the insurance sector, particularly those that can provide comprehensive, risk-assessed insurance products. The programme's focus on creating and maintaining professional relationships with insurers suggests that both established insurance companies and SMEs can benefit. Businesses that specialise in Property, Liability, and Motor insurance will find this contract especially relevant. With the completion status indicating a firm decision and a substantial contract value of £175,840, suppliers such as Aviva Plc, Nexus Underwriting Ltd, Risk Management Partners, and Zurich Insurance Company Ltd have been awarded, setting a precedent for similar businesses to engage in future tenders with the University of Cumbria.

## Notice

Provision of Insurance Programme. The University procures its insurance products based upon its assessment and balance of risk, taking into account its legal, moral and financial duties. Along with other University professionals, the Finance Team will report to the Vice Chancellor's Executive regarding internal and external exposures and trends, allowing informed decisions to be made. Since the last tender in 2019 the University have created and developed professional relationships with their insurer providers. This includes with direct insurers on Property, Liability and Motor classes with whom their appointed broker works on a tri-partite basis.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ba066d06-ce56-4dcb-a803-fb0ebf961b0d |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Oct 2024 |
| Submission deadline | 5 Jun 2024 |
| Future notice date | Not specified |
| Award date | 31 Jul 2024 |
| Contract period | 31 Jul 2024 - 31 Jul 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £175,840 |
| 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 CUMBRIA |
| Locality | CUMBRIA |
| Post town | Carlisle |
| Postcode | CA1 2HH |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD1 Cumbria |
| ITL 3 | TLD13 Cumberland |
| Local authority | Cumberland |
| Electoral ward | Castle |
| Westminster constituency | Carlisle |
| Delivery location | TLD North West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 4 |
| Supplier names | AVIVA; NEXUS UNDERWRITING; RISK MANAGEMENT PARTNERS; ZURICH INSURANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 31 Oct 2024 at 12:51 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/ba066d06-ce56-4dcb-a803-fb0ebf961b0d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ba066d06-ce56-4dcb-a803-fb0ebf961b0d
  31st October 2024 - 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-f8b13d7f-d7ea-4599-aa0f-298b524aa55c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f8b13d7f-d7ea-4599-aa0f-298b524aa55c.json.