---
title: "1"
ocid: "ocds-h6vhtk-0407e6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0407e6"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0407e6.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0407e6.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "POOL REINSURANCE COMPANY LIMITED"
published: "2024-04-16"
---

# 1

Buyer: POOL REINSURANCE COMPANY LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-0407e6

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0407e6.json)

## Summary

The Pool Reinsurance Company Limited recently awarded a contract for Loss Adjuster services in London. The procurement method was a limited procedure without prior publication of a call for competition. The contract value is GBP 36,000, signed on April 8, 2024. The procurement process was completed, and the main procurement category was services related to insurance claims adjustment services.

This tender provides an opportunity for businesses operating in the insurance claims adjustment services industry to compete for contracts with the Pool Re. Companies specialising in loss adjusting services tailored to handle large loss events and additional loss adjusting resources are well-suited to participate in this tender. The contract period for this opportunity was specified as five years with an option to extend for three additional one-year periods. The submission deadline for bids was on November 20, 2023, with electronic submission as the preferred method.

## Notice

The primary function of Pool Re is to pay eligible claims to its members ("Members") following a terrorism event. To ensure that Pool Re performs its role in an accurate, timely and cost- effective manner and to prevent any reputational damage, Pool Re must be ready to respond to incidents as they occur, whether it is a small, isolated incident or a catastrophic event. Should a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large. To ensure that the claims and referrals are reviewed promptly, there may be a requirement for additional loss adjusting resource at Pool Re, subject to the size of the relevant loss event. If required, the additional resource provided by the Supplier will assist the Pool Re Claims Manager in reviewing claims above individual Members' Large Loss limits, review, collate and calculate the erosion of Members' retentions and ensure the service provided to Members and other stakeholders is of the highest standard.

### Lot Information

Lot 1

The primary function of Pool Re is to pay eligible claims to its members ("Members") following a terrorism event. To ensure that Pool Re performs its role in an accurate, timely and cost- effective manner and to prevent any reputational damage, Pool Re must be ready to respond to incidents as they occur, whether it is a small, isolated incident or a catastrophic event. Should a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large. To ensure that the claims and referrals are reviewed promptly, there may be a requirement for additional loss adjusting resource at Pool Re, subject to the size of the relevant loss event. If required, the additional resource provided by the Supplier will assist the Pool Re Claims Manager in reviewing claims above individual Members' Large Loss limits, review, collate and calculate the erosion of Members' retentions and ensure the service provided to Members and other stakeholders is of the highest standard. Additional information: Retainer fee per Year is PS12,000.

Renewal: The contract requirements will be for five (5) years with the option for Pool Re to extend for a further three (3) x 12 month extension periods.

### Procurement Information

No tenders or requests to participate were received for the opportunity advertised on both Contracts Finder and Find a Tender Service .

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/012268-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Apr 2024 |
| Submission deadline | 20 Nov 2023 |
| Future notice date | Not specified |
| Award date | 7 Apr 2024 |
| Contract period | Not specified |
| Recurrence | 4 to 5 years |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £36,000 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | POOL REINSURANCE COMPANY LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC4R 9AF |
| 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 | Candlewick |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | WILLIAMS PITT (INTERNATIONAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66518300 - Insurance claims adjustment services

## Release History

- 16 Apr 2024 at 08:37 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/012268-2024
- 4 Oct 2023 at 13:31 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/029273-2023

## Notice URLs

- http://poolre.ukp.app.jaggaer.com/
- http://www.poolre.co.uk
- https://www.jaggaer.com/submit-supplier-support-request/
- https://www.jaggaer.com/support/phone-numbers/

## 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-0407e6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0407e6.json.