---
title: "Insurance Broker Services"
ocid: "ocds-h6vhtk-02bef8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02bef8"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02bef8.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02bef8.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THAMES WATER UTILITIES LIMITED"
published: "2021-11-15"
---

# Insurance Broker Services

Buyer: THAMES WATER UTILITIES LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-02bef8

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## Summary

Thames Water Utilities Limited has completed the procurement process for Insurance Broker Services, aimed at supporting all corporate insurance activities across their operations. The procurement was initiated under a selective method with a negotiated procedure, concluding on October 25, 2021. The contract value is estimated at £7,300,000 for an initial duration of four years, with the possibility of annual extensions up to a maximum of eight years. The services will cover corporate insurance broker activities, claims handling, and data warehousing throughout the Thames Water region, which includes areas in the UKI and UKJ regions.

This tender presents significant opportunities for businesses in the insurance services sector, particularly those specialising in corporate insurance brokerage, claims management, and data analysis. Companies that can demonstrate a strong cultural fit, a proven track record in delivering outstanding service, and the ability to provide competitive pricing will be well-positioned to compete for this contract. As Thames Water seeks a single supplier to fulfil its diverse needs, firms with the capacity to handle comprehensive insurance and claims services will benefit from this substantial contract opportunity.

## Notice

The Insurance Broker Services project underpins all corporate insurance activity across the whole of Thames Water. Thames Water is intending to appoint a single supplier to cover all of our core requirements under a single lot: a) Corporate insurance broker services b) Claims handling c) Data warehousing and reporting services

### Lot Information

Lot 1

The Insurance Broker Services project underpins all corporate insurance activity across the whole of Thames Water. Thames Water is intending to appoint a single supplier to cover all of our core requirements under a single lot: a) Corporate insurance broker services b) Claims handling c) Data warehousing and reporting services The supplier will be responsible for broking our entire insurance programme, they will manage all of our Public Liability claims through a dedicated team, they will operate and manage our claims management system, and they will provide a structured method for collecting, storing and reporting on all of our claims data to generate critical insight. We are looking for a supplier capable of providing a service for the length of the agreement who can meet the following business objectives; cultural fit, an outstanding service provision, and provide value for money.

Options: Any agreement awarded would be for an initial duration of 4 years with options to extend annually up to a maximum overall term of 8 years.

Renewal: Any agreement awarded would be for an initial duration of 4 years with options to extend annually up to a maximum overall term of 8 years.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/028456-2021 |
| Notice type | Tender Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Negotiated procedure with prior call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Nov 2021 |
| Submission deadline | 6 Jul 2021 |
| Future notice date | Not specified |
| Award date | 24 Oct 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £7,300,000 |
| Lots value | £7,300,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THAMES WATER UTILITIES LIMITED |
| Locality | READING |
| Post town | Reading |
| Postcode | RG1 8DB |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ16 Berkshire West |
| Local authority | Reading |
| Electoral ward | Thames |
| Westminster constituency | Reading Central |
| Delivery location | TLI London, TLJ South East (England) |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 15 Nov 2021 at 12:36 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/028456-2021
- 22 Jun 2021 at 14:45 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/014213-2021

## Notice URLs

- http://www.thameswater.co.uk
- https://www.thameswater.co.uk/about-us/our-suppliers/procurement

## 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-02bef8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02bef8.json.