---
title: "Insurance Brokerage (Non-Life) including Risk Management Services"
ocid: "ocds-h6vhtk-028ff5"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-028ff5"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-028ff5.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-028ff5.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "LONDON UNIVERSITIES PURCHASING CONSORTIUM"
published: "2021-09-02"
---

# Insurance Brokerage (Non-Life) including Risk Management Services

Buyer: LONDON UNIVERSITIES PURCHASING CONSORTIUM  
Current stage: Award  
OCID: ocds-h6vhtk-028ff5

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## Summary

The London Universities Purchasing Consortium (LUPC) has completed a procurement process for 'Insurance Brokerage (Non-Life) including Risk Management Services', categorised under CPV code 66518100, which primarily covers insurance brokerage services. The tender was conducted on behalf of the LUPC Insurance Group, comprising approximately 40 institutions, and was initiated under open procurement procedures. The appointed broker, Arthur J. Gallagher Insurance Brokers Limited, is set to commence their services from 1 September 2021. This contract, with a total value of £3,000,000, is initially for three years with the potential to extend to seven years contingent upon satisfactory performance.

This tender presents significant growth opportunities for businesses specialising in insurance brokerage and risk management services, particularly those with a strong understanding of the higher education sector. Companies that are authorised and regulated by the UK Financial Conduct Authority, along with being members of the British Insurance Brokers’ Association, will be particularly well-suited to compete in this space. Additionally, firms capable of managing diverse insurance lines, including property, liability, and financial risks, will find this contract aligns with their service offerings, thus empowering them to expand their client base within the public sector.

## Notice

London Universities Purchasing Consortium (LUPC) undertook this tendering process for Insurance brokerage services for and on behalf of the LUPC Insurance Group (IG), a group of 40 participating institutions, principally made up of more than 20 members of LUPC (https://www.lupc.ac.uk/member-list) together with a number of SUPC institutions (http://www.supc.ac.uk/our-members/) and one NWUPC member (https://www.nwupc.ac.uk/our-members). It is also possible that at some point within the lifetime of the agreement it may be used by Members (full and associate) of the NEUPC purchasing consortia: (http://www.neupc.ac.uk/who-are-our-members). The appointed broker will commence servicing the IG from 1 September 2021, which includes the placement and management of several insurance lines including but not limited to: property and business interruption, money risks, engineering, motor, employers and public liability, financial lines, terrorism and clinical trials.

### Lot Information

Lot 1

London Universities Purchasing Consortium (LUPC), a company limited by guarantee, undertook this tendering process for Insurance brokerage services for and on behalf of the LUPC Insurance Group (IG), a group of 40 participating institutions, principally made up of more than 20 members of LUPC (https://www.lupc.ac.uk/member-list) together with a number of SUPC institutions (http://www.supc.ac.uk/our-members/) and one NWUPC member (https://www.nwupc.ac.uk/our-members), the University of Wolverhampton. In addition to these HE Consortia, it is also possible that at some point within the lifetime of the agreement it may be used by Members (full and associate) of the NEUPC purchasing consortia: (http://www.neupc.ac.uk/who-are-our-members). The appointed broker will commence servicing the IG from 1 September 2021, which includes the placement and management of several insurance lines including but not limited to: property and business interruption, money risks, engineering, motor, employers and public liability, financial lines, terrorism, clinical research and trials and cyber-related risks. The initial length of this non-framework, single-source contract is three years with the option to extend to seven years subject to satisfactory performance.

Renewal: The Contract will be established for an initial period of 3 years with an option to extend for a further period of up to a total of 7 years. The Contract is intended to start on 01/09/2021 or as otherwise agreed.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/021721-2021 |
| Notice type | Planning Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Planning, Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Sep 2021 |
| Submission deadline | 10 May 2021 |
| Future notice date | 4 Feb 2021 |
| Award date | 30 Aug 2021 |
| Contract period | Not specified |
| Recurrence | Between 5 and 7 years |

## Values

| Field | Value |
| --- | --- |
| Tender value | £5,000,000 |
| Lots value | £5,000,000 |
| Awards value | Not specified |
| Contracts value | £3,000,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON UNIVERSITIES PURCHASING CONSORTIUM |
| Locality | LONDON |
| Post town | West London |
| Postcode | W1T 7NZ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI36 Camden |
| Local authority | Camden |
| Electoral ward | Bloomsbury |
| Westminster constituency | Holborn and St Pancras |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ARTHUR J. GALLAGHER INSURANCE BROKERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66518100 - Insurance brokerage services

## Release History

- 2 Sep 2021 at 10:23 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/021721-2021
- 31 Mar 2021 at 12:06 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/006656-2021
- 3 Feb 2021 at 16:05 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/002190-2021

## Notice URLs

- http://www.lupc.ac.uk
- http://www.neupc.ac.uk/who-are-our-members
- http://www.supc.ac.uk/our-members/
- https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=36860&B=LUPC
- https://www.lupc.ac.uk
- https://www.lupc.ac.uk/become-supplier
- https://www.lupc.ac.uk/member-list
- https://www.nwupc.ac.uk/our-members

## 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-028ff5. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-028ff5.json.