--- title: "Procurement of General Insurance (excluding broker services)" ocid: "ocds-h6vhtk-02f8fa" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02f8fa" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02f8fa.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02f8fa.json" source: "Find A Tender Service" current_stage: "Award" buyer: "NORTHERN IRELAND WATER LIMITED" published: "2022-09-12" --- # Procurement of General Insurance (excluding broker services) Buyer: NORTHERN IRELAND WATER LIMITED Current stage: Award OCID: ocds-h6vhtk-02f8fa [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02f8fa) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02f8fa.json) ## Summary The procurement process involves Northern Ireland Water Limited tendering for the procurement of General Insurance services, excluding broker services. The tender, initiated on November 22, 2021, is currently active, with a submission deadline of January 21, 2022, and an award period starting on January 26, 2022. The contract, Lot 1 - Property and Business Interruption, has been awarded to Sompo International and Generali Global Corporate & Commercial. The buying organisation is Northern Ireland Water Limited, based in Belfast, United Kingdom, and the procurement method is an open procedure. This tender opportunity for General Insurance services presents potential business growth avenues for insurers experienced in providing Insurance and Risk Management. Companies licensed to offer insurance cover in the UK or EU member states can compete. With a focus on quality of cover, risk management, and price, successful bidders can secure contracts lasting until 2027. Cybersecurity, property insurance, liability insurance, and other insurance services are among the opportunities available in this procurement. ## Notice Procurement of General Insurance ### Lot Information Property and Business Interruption (20% of programme) 20% of the Material Damage and Business Interruption Insurance Programme Options: Multi Year and multi cover options will be considered Renewal: Preferred period is for up to five years with a review after completion of 3 year agreement. Other options will be considered Material Damage / Business Interruption (NI Water Alpha) - 20% of programme 20% of the Material Damage and Business Interruption programme Options: Multi Year and multi cover options will be considered Renewal: Preferred period is for up to 5 years with a review after completion of 3 year agreement. Other options will be considered. Excess Public Liability GBP 35m / GBP 25m Liabilities to Third Parties Options: Multi year and multi cover options will be considered Renewal: Preferred period is for up to 5 years with a review after completion of 3 year agreement. Other options will be considered. Excess Employers Liability GBP 25m / GBP 25m Liability for injury and damage to employees Options: Multi year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered Directors & Officers (inc EPL in respect of NI Water Alpha) Insurance for wrongful act by a Director or Officer and EPL for NI Water Alpha Employees Options: Multi year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Pension Trustees Liability Insurance for wrongful act as a Pension Trustee Options: Multi year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Computers NI Water Alpha Accidental Damage, Business Interruption and Recompliation of Data Options: Multi year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Parametric Freeze Thaw Weather related insurance for Freeze / Thaw Options: Multi year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Travel and Personal Accident Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NI Water Alpha Employees only Options: Multi year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Crime - Ni Water Alpha only Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only Options: Multi year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Public Liability - LTA until 2023 Liability to Third Parties. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered Excess PL - GBP 40m / GBP 60m - LTA until 2023 Liability to Third Parties. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Employers Liability - LTA to 2023 Liability for injury or damage to employees. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. MD/BI Solar Farm - LTA to 2023 Loss or damage to Solar Farm inc Business Interruption. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Terrorism - LTA to 2023 Damage and Business Interruption caused by Terrorism This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Motor Fleet - LTA to 2023 Comprehensive and Third Party only Motor Insurance. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Cyber Liability - LTA to 2023 Loss, damage or liability caused by a Cyber event. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Environmental Impairment Liability - NI Water - LTA to 2023 Gradual Pollution cover. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Environmental Impairment Liability - Dalridaa Water - LTA ro 2023 Gradual Pollution of cover. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Parametrics for Drought - High Temperature - LTA to 2024 Weather related Insurance for High Temperature This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Parametrics for Drought - Lack of Rainfall - LTA to 2024 Weather related Insurance for Drought - Lack of Rainfall. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. Computers - NI water Ltd - LTA to 2023 Accidental Damage, Business Interruption and Recompilation of Data Insurance. This is a precautionary notice should the current Long term Agreement be breached Options: Multi Year and Multi cover options will be considered Renewal: Preferred period is for up to 5 years with review after completion of 3 year agreement. Other options will be considered. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/025455-2022 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 12 Sep 2022 | | Submission deadline | 21 Jan 2022 | | Future notice date | Not specified | | Award date | 30 Mar 2022 | | Contract period | 31 Mar 2022 - 31 Mar 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | 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 | NORTHERN IRELAND WATER LIMITED | | Locality | BELFAST | | Post town | Northern Ireland | | Postcode | BT14 6TE | | Country | Northern Ireland | | ITL 1 | TLN Northern Ireland | | ITL 2 | TLN0 Northern Ireland | | ITL 3 | TLN06 Belfast | | Local authority | Belfast | | Electoral ward | Chichester Park | | Westminster constituency | Belfast North | | Delivery location | TLN Northern Ireland | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 2 | | Supplier names | GENERALI GLOBAL CORPORATE & COMMERCIAL; SOMPO INTERNATIONAL | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66510000 - Insurance services - 66512000 - Accident and health insurance services - 66514110 - Motor vehicle insurance services - 66515000 - Damage or loss insurance services - 66515200 - Property insurance services - 66515300 - Weather and financial loss insurance services - 66515410 - Financial loss insurance services - 66516000 - Liability insurance services - 66516400 - General liability insurance services ## Release History - 12 Sep 2022 at 08:30 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/025455-2022 - 22 Nov 2021 at 16:15 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/029067-2021 ## Notice URLs - http://www.niwater.com - https://www.niwater.com ## 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-02f8fa. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02f8fa.json.