--- title: "C1189 - Insurance Brokerage Services" ocid: "ocds-h6vhtk-03a38e" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03a38e" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03a38e.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03a38e.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "NORTHERN IRELAND WATER LIMITED" published: "2023-02-07" --- # C1189 - Insurance Brokerage Services Buyer: NORTHERN IRELAND WATER LIMITED Current stage: Planning OCID: ocds-h6vhtk-03a38e [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03a38e) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03a38e.json) ## Summary The Northern Ireland Water Limited is planning a procurement process for Insurance Brokerage Services under the title "C1189 - Insurance Brokerage Services" in the services category. The procurement involves providing various insurance covers and risk management services over a 3-year contract with possible extensions. The main procurement method is anticipated to be Negotiated with prior call for competition, with Quality 65% and Price 35% split. The communication of future notices is scheduled for 3rd April 2023. This tender by Northern Ireland Water Limited presents business growth opportunities for insurance brokerage firms capable of providing a wide range of insurance covers and risk management services. Businesses with expertise in insurance services, risk identification, and control, along with a track record of managing tender exercises and providing innovative insurance solutions, would be well-suited to compete in this procurement process. The focus on quality and potential for contract extensions make this tender suitable for businesses looking for a long-term partnership in the insurance sector. ## Notice Provision of insurance brokerage services and potentially risk management services to include risk identification, analysis and control. Bidders participating in this tender must be capable of providing brokerage services for the NI Water Group for all of the below insurance covers and providing advice on the quality and effectiveness of our: * Employers Liability (including excess layers) * Public Liability (including excess layers) * Commercial Property and Business Interruption * Environmental Impairment Liability * Motor Fleet * Computer and Portable Equipment and Data risks * Directors and Officers (including Employment Practices Liability) * Professional Indemnity * Pension Trustee Liability * Terrorism * Crime * Cyber * Parametric insurances * Solar farm * Travel and Personal Accident There may be other ad hoc requirements as and when they arise, for example, through changes to our risk profile which necessitates new insurance cover. It is anticipated that, at a minimum, bidders will be expected to undertake the following (list not exhaustive): * Be proactive in the design, implementation, maintenance and servicing of NI Water's insurance programme and total cost of insurance risks; * Manage a tender exercise on NI Water's behalf in accordance with the Utilities Contract Regulations 2016; * Provide an effective insurance programme to meet NIW's business risks; * Plan and schedule a programme of works to deliver the required service over the length of the contract; * Work with NI Water to increase its profile in the insurance market; * Support NI Water in resolving queries with insurance companies; * Provide claims advice and assistance with large losses; * Provide insurance risk services which may be relevant to NI Water including advice on best practice within the industry and legislative changes/requirements and forward risk management; * Innovate in respect of improvements to programme structures or methods of working; * Propose alternative risk financing options as appropriate to government owned company; * Provide 24 hour access in an emergency; * Provide insurance advice on contractual matters; * Provide support, assistance and advice in relation to complex insurance claim settlements; and * Support and contribute towards NI Water's risk management through workshops and awareness sessions. Duration is anticipated to be a 3 year Contract with the option to extend for 1+1 years. ### Lot Information Lot 1 It is anticipated that the Negotiated with prior call for competition procedure will be used for this procurement. It will be based on the Most Economically Advantageous Tender (MEAT). The price quality split is anticipated to be: - Quality 65% (including Social Values) - Price 35% This may be subject to change. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/003738-2023 | | Notice type | Planning Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 7 Feb 2023 | | Submission deadline | Not specified | | Future notice date | 2 Apr 2023 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | £500,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## 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 | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services - 66510000 - Insurance services ## Release History - 7 Feb 2023 at 14:53 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/003738-2023 ## Notice URLs - https://etendersni.gov.uk/epps/home.do - https://www.niwater.com/home/ ## 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-03a38e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03a38e.json.