---
title: "Captive Insurance Management Services"
ocid: "ocds-h6vhtk-028831"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-028831"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-028831.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-028831.json"
source: "Find A Tender Service"
current_stage: "Planning"
buyer: "NETWORK RAIL INSURANCE LIMITED"
published: "2021-01-06"
---

# Captive Insurance Management Services

Buyer: NETWORK RAIL INSURANCE LIMITED  
Current stage: Planning  
OCID: ocds-h6vhtk-028831

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-028831.json)

## Summary

The procurement process is currently in the planning stage and is initiated by Network Rail Insurance Limited, which is seeking Captive Insurance Management Services. The estimated contract value is £1.8 million, covering a three-year contract period with options to extend. This falls under the insurance brokerage and agency services category (CPV code: 66518000). The contract will be conducted in accordance with the Insurance Business (Bailiwick of Guernsey) Law, 2002. The future notice date for this tender is scheduled for 15th September 2021, and delivery will take place in the UK.

This tender presents a significant opportunity for businesses specialising in insurance management, including those offering finance, underwriting, claims administration, and compliance services. Companies experienced in governance and data protection will also be well-placed to compete. The scope of the services offered can attract a range of small to medium-sized enterprises looking to expand their portfolio within the UK insurance sector.

## Notice

The Captive is Network Rail Insurance Limited . A summary of the Captive Insurance Management Services is as follows: Finance Underwriting Claims Governance Administration Compliance Financial Crime Data Protection Company Secretarial

### Lot Information

Lot 1

Captive Insurance Management Services. A summary of the Captive Insurance Management Services is as follows: Finance Underwriting Claims Governance Administration Compliance Financial Crime Data Protection Company Secretarial This Captive is governed by the Guernsey Financial Services Corporation and the contract will be in accordance with the Insurance Business (Bailiwick of Guernsey) Law, 2002 and all regulations, codes and rules. Additional information: Total contract value is estimated at PS1.8m. This is calculated as follows; Estimated spend is PS360,000.00 per annum. Spend for the three-year contract period is PS1,080,000 When including +1+1 options to extend, the contract value is estimated as PS1.8m

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/000235-2021 |
| Notice type | Planning Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Jan 2021 |
| Submission deadline | Not specified |
| Future notice date | 14 Sep 2021 |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,800,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Planned |
| Lots status | Planned |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NETWORK RAIL INSURANCE LIMITED |
| Locality | GUERNSEY |
| Post town | Not specified |
| Postcode | GY1 4AT |
| Country | Channel Islands |
| ITL 1 | Not specified |
| ITL 2 | Not specified |
| ITL 3 | Not specified |
| Local authority | Channel Islands |
| Electoral ward | L99999999 |
| Westminster constituency | L99999999 |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66518000 - Insurance brokerage and agency services

## Release History

- 6 Jan 2021 at 23:08 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/000235-2021

## Notice URLs

- https://networkrail.bravosolution.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-h6vhtk-028831. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-028831.json.