---
title: "Insurance services"
ocid: "ocds-h6vhtk-029852"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-029852"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-029852.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-029852.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BANK OF ENGLAND"
published: "2021-03-04"
---

# Insurance services

Buyer: BANK OF ENGLAND  
Current stage: Award  
OCID: ocds-h6vhtk-029852

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-029852)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-029852.json)

## Summary

The Bank of England has recently concluded a tender process for insurance services, specifically focusing on their annual insurance requirements, which include Property Damage, Business Interruption, Employer's Liability, Public Liability, Fine Art, Construction, Motor, and Personal Accident and Travel. This procurement falls under the services category and was conducted using an open procedure methodology. The awards for this tender were made to various suppliers, including Aviva Plc, Risk Management Partners Ltd, and others, with significant contract values signed on 5th February 2021.

This tender provides valuable growth opportunities for businesses specialising in insurance services, particularly those offering comprehensive coverage in areas such as property damage and liability insurance. Firms, both large and SMEs, that can demonstrate high-quality service standards and competitive pricing are well-positioned to compete for similar contracts in future procurements. The diverse range of insurance requirements suggests a broad market for specialised providers looking to expand their client base within the public sector.

## Notice

Bank of England annual insurances - Property Damage / Business Interruption, Employer's Liability and Public Liability, Fine Art, Construction, Motor, Personal Accident and Travel.

### Lot Information

Property Damage and Business Interruption

This lot relates to property damage and business interruption insurance.

Primary Combined Liability (Employers Liability GBP 25 Million and Public Liability GBP 10 Million)

This lot relates to primary combined liability (employers liability GBP 25 million and public liability GBP 10 million) insurance.

Excess Combined Liability (EL GBP 25 Million in Excess of GBP 25 Million and PL GBP 40 Million in Excess of GBP 10 Million)

This lot relates to excess combined liability (EL GBP 25 million in excess of GBP 25 million and PL GBP 40 million in excess of GBP 10 million) insurance.

Excess Public Liability (GBP 50 Million in Excess of GBP 50 Million)

This lot relates to excess public liability (GBP 50 million in excess of GBP 50 million) insurance.

Fine Art

This lot relates to fine art insurance.

Construction

This lot relates to construction insurance.

Motor

This lot relates to motor insurance.

Personal Accident and Travel

This lot relates to personal accident and travel insurance.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/004344-2021 |
| 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, SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Mar 2021 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 5 Feb 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £752,773 |

## Status

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

## 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 | 5 |
| Supplier names | AMERICAN INTERNATIONAL GROUP; AVIVA; CHUBB EUROPEAN GROUP; HDI GLOBAL SPECIALTY; RISK MANAGEMENT PARTNERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66510000 - Insurance services

## Release History

- 4 Mar 2021 at 13:25 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/004344-2021

## Notice URLs

- http://www.bankofengland.co.uk
- https://ted.europa.eu/udl?uri=TED:NOTICE:565642-2020:TEXT:EN:HTML

## 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-029852. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-029852.json.