--- title: "Insurance Programme" ocid: "ocds-h6vhtk-045743" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-045743" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-045743.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-045743.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "THE UNIVERSITY OF CUMBRIA" published: "2024-05-03" --- # Insurance Programme Buyer: THE UNIVERSITY OF CUMBRIA Current stage: Tender OCID: ocds-h6vhtk-045743 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-045743) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-045743.json) ## Summary The University of Cumbria is conducting an active tender process for its Insurance Programme, valued at £777,000 GBP. This procurement falls under the services category and includes multiple lots such as Property Combined, Computer, and Liability Insurance, among others. The contract period is from August 1, 2024, to July 31, 2027. The University is located in Carlisle, Cumbria, United Kingdom. The tender deadline for submissions is June 5, 2024, with the award period commencing on the same date. This tender by The University of Cumbria for insurance services presents a significant business opportunity for insurance providers and related businesses. Companies specialising in insurance products, including Property, Liability, and Motor coverages, are well-suited to compete. The tender process is at the submission stage, with a focus on electronic and written submission methods. Successful bidders stand to gain a multi-year contract with possible renewal options, allowing for long-term business growth and stability in service provision. ## Notice The University is tendering for its insurance programme provision. The University procures its insurance products based upon its assessment and balance of risk, taking into account its legal, moral and financial duties. Along with other University professionals, the Finance Team will report to the Vice Chancellor's Executive regarding internal and external exposures and trends, allowing informed decisions to be made. Since the last tender in 2019 the University have created and developed professional relationships with their insurer providers. This includes with direct insurers on Property, Liability and Motor classes with whom their appointed broker works on a tri-partite basis. ### Lot Information Property Combined Property Combined insurance cover Renewal: Extension of 1 plus 1 years is possible on 31st of July 2027 at end of initial 3 years if service performance is satisfactory. Computer Computers Renewal: Extension of 1 plus 1 years is possible on 31st of July 2027 at end of initial 3 years if service performance is satisfactory. Combined Liability Combined Liability Insurance cover Renewal: Extension of 1 plus 1 years is possible on 31st of July 2027 at end of initial 3 years if service performance is satisfactory. Motor Insurance Motor Insurance Renewal: Extension of 1 plus 1 years is possible on 31st of July 2027 at end of initial 3 years if service performance is satisfactory. Fidelity Guarantee Fidelity Guarantee Insurance Renewal: Extension of 1 plus 1 Years is possible on 31st of July 2027 at end of initial 3 years if service performance is satisfactory. Management Liability Management Liability Insurance cover Renewal: Extension of 1 plus 1 years is possible on 31st of July 2027 at end of initial 3 years if service performance is satisfactory. Professional Indemnity Professional Liability Insurance Renewal: Extension of 1 plus 1 years is possible on 31st of July 2027 at end of initial 3 years if service performance is satisfactory. PA and Travel PA and Travel Insurance Renewal: Extension of 1 plus 1 years is possible on 31st of July 2027 at end of initial 3 years if service performance is satisfactory. Engineering Insurance Engineering Insurance services Renewal: Extension of 1 plus 1 years is possible on 31st of July 2027 at end of initial 3 years if service performance is satisfactory. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/014371-2024 | | 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 | ## Dates | Field | Value | | --- | --- | | Publication date | 3 May 2024 | | Submission deadline | 5 Jun 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Jul 2024 - 31 Jul 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £777,000 | | Lots value | £768,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | THE UNIVERSITY OF CUMBRIA | | Locality | CARLISLE | | Post town | Carlisle | | Postcode | CA1 2HH | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD1 Cumbria | | ITL 3 | TLD13 Cumberland | | Local authority | Cumberland | | Electoral ward | Castle | | Westminster constituency | Carlisle | | Delivery location | TLD North West (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66510000 - Insurance services - 66512000 - Accident and health insurance services - 66514100 - Insurance related to Transport - 66514110 - Motor vehicle insurance services - 66515200 - Property insurance services - 66516000 - Liability insurance services - 66516500 - Professional liability insurance services - 66519200 - Engineering insurance services ## Release History - 3 May 2024 at 13:37 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/014371-2024 ## Notice URLs - http://in-tendhost.co.uk/universityofcumbria - http://www.cumbria.ac.uk ## 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-045743. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-045743.json.