--- title: "Procurement of General Insurance (excluding broker and administration services)" ocid: "ocds-h6vhtk-03935d" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03935d" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03935d.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03935d.json" source: "Find A Tender Service" current_stage: "Award" buyer: "NORTHERN IRELAND WATER LIMITED" published: "2023-09-11" --- # Procurement of General Insurance (excluding broker and administration services) Buyer: NORTHERN IRELAND WATER LIMITED Current stage: Award OCID: ocds-h6vhtk-03935d [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03935d) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03935d.json) ## Summary The Northern Ireland Water Limited recently completed the procurement process for the "Procurement of General Insurance" in the services sector. The tender involved multiple lots with various insurance services such as Cyber Insurance, Terrorism Insurance, and more. The procurement method used was an open procedure, and the contract for Cyber Insurance GBP 5m / GBP 5m was awarded on 31st March 2023. This procurement process represents an opportunity for insurance companies authorized to provide the required cover in the UK or an EU member state. Businesses specializing in insurance and risk management with a credit rating of at least A- from S&P or equivalent could benefit from participating. The tender aims to secure insurance services for a comprehensive range of risks, offering potential business growth for insurers with relevant expertise and capabilities. ## Notice Procurement of General Insurance ### Lot Information Cyber Insurance GBP 5m / GBP 5m Cyber Insurance including First Party and Third Party Claims Options: Multi Year and Mutil 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 Terrorism Property Damage and Business Interruption 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, 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. Professional Indemnity Professional Liability in respect of services provided 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. 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 Ltd Accidental Damage, Business Interruption and Recompilation 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, Computer - Dalriada Water Ltd & NI Water Alpha Ltd Accidental Damage, Business Interruption and Recompilation 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. Travel & Personal Accident Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NIWater 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 NIWater 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. Property Damage & Business Interruption: LTA to 2025 Material Damage & 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. Material Damage / Business Interruption (NI Water Alpha) : LTA to 2025 Material Damage and 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. Public Liability - GBP 25m LTA until 2025 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 35m / GBP 25m - LTA to 2025 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 to 2024 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 - GBP 25m LTA to 2025 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. Excess EL - GBP 25m / GBP 25m - LTA to 2025 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. Solar Farm - LTA to 2025 Loss of 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. Motor Fleet - LTA to 2025 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 Environmental Impairment Liability: LTA to 2025 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. Parametrics Freeze Thaw: LTA to 2025 Weather related Insurance for Freeze Thaw 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 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 Lack of Rainfall: LTA to 2024 Weather related Insurance for 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. Cyber Insurance - GBP 5m - Precautionary Notice Cyber Insurance including First Party, Third Party and Event management. This is a precautionary notice should established renewal terms be withdrawn. Options: Multi year and multi cover option will be considered. Renewal: Preferred period is for five years with a 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/026853-2023 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 11 Sep 2023 | | Submission deadline | 24 Jan 2023 | | Future notice date | Not specified | | Award date | 30 Mar 2023 | | Contract period | 31 Mar 2023 - 31 Mar 2028 | | 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 | Active, 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 | TLN0 Northern Ireland, TLN06 Belfast | ## 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 - 66516500 - Professional liability insurance services ## Release History - 11 Sep 2023 at 16:14 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/026853-2023 - 21 Dec 2022 at 14:50 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/036222-2022 ## Notice URLs - http://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-03935d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03935d.json.