---
title: "Insurance ERM"
ocid: "ocds-b5fd17-fd5556d2-c6f4-44c9-8c82-b4b572d04325"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-fd5556d2-c6f4-44c9-8c82-b4b572d04325"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-fd5556d2-c6f4-44c9-8c82-b4b572d04325.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-fd5556d2-c6f4-44c9-8c82-b4b572d04325.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2022-03-04"
---

# Insurance ERM

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-b5fd17-fd5556d2-c6f4-44c9-8c82-b4b572d04325

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-fd5556d2-c6f4-44c9-8c82-b4b572d04325)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-fd5556d2-c6f4-44c9-8c82-b4b572d04325.json)

## Summary

The Bank of England has recently awarded a contract titled "Insurance ERM," which falls under the industry category of insurance services. This procurement process concluded on 20th January 2022, with an award made on 26th January 2022, and the contract period running from 27th January 2022 to 26th January 2025. The total value of the contract is £29,700. The services will be provided within the United Kingdom, based at the Bank's headquarters in London.

This tender presents an opportunity for small and medium enterprises (SMEs) that specialise in insurance-related services and risk management. Businesses that can offer innovative insurance solutions or data-based insights could particularly benefit from engaging in future contracts of a similar nature. As the procurement was awarded to FIELDGIBSONMEDIA LIMITED, it indicates that the Bank is open to working with capable SMEs in this sector, thereby creating pathways for growth and partnership opportunities in the insurance industry.

## Notice

Insurance ERM by Filed Gibson Media provides online news and data in the field of insurance. Coverage includes latest risks affecting the industry. It is used by around 80 people in the Bank, mainly in Insurance Supervision. Contract awarded directly to Field Gibson Media as below threshold requirement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/18e4025c-9031-4e44-b75c-750f21da40f2 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not applicable |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Mar 2022 |
| Submission deadline | 20 Jan 2022 |
| Future notice date | Not specified |
| Award date | 26 Jan 2022 |
| Contract period | 27 Jan 2022 - 26 Jan 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £29,700 |
| Lots value | Not specified |
| Awards value | £29,700 |
| 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 | BANK OF ENGLAND |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2R 8AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Walbrook |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 4 Mar 2022 at 16:39 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/18e4025c-9031-4e44-b75c-750f21da40f2

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/18e4025c-9031-4e44-b75c-750f21da40f2
  4th March 2022 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.bankofengland.co.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-fd5556d2-c6f4-44c9-8c82-b4b572d04325. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-fd5556d2-c6f4-44c9-8c82-b4b572d04325.json.