---
title: "Hasilwood Management Services Ltd"
ocid: "ocds-h6vhtk-0488d1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0488d1"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0488d1.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0488d1.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THE UNIVERSITY OF BIRMINGHAM"
published: "2024-08-08"
---

# Hasilwood Management Services Ltd

Buyer: THE UNIVERSITY OF BIRMINGHAM  
Current stage: Award  
OCID: ocds-h6vhtk-0488d1

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## Summary

The University of Birmingham has announced the annual renewal of part of its insurance provision with Hasilwood Management Services Ltd, a subsidiary of UMAL. This approach falls under a Voluntary Ex-Ante Transparency (VEAT) notice for a one-year period, with an option to extend for an additional year. The procurement, classified as insurance services, is particularly focused on the university's estate and is set in the region of UKG31. This decision was part of a negotiated process without the publication of a contract notice, aimed at allowing a comprehensive review of the university's insurance needs, including a thorough risk assessment and valuation. The contract, valued at £3,000,000, was awarded on 8th August 2024.

This tender presents substantial opportunities for businesses specialising in insurance services tailored to large educational institutions. Businesses equipped to provide extensive insurance coverage, including niche areas such as fine art, engineering inspections, and motor fleet insurance, would be well-suited to compete. Companies that can offer comprehensive risk assessments and innovative insurance solutions that align with the university's requirements will find this tender particularly appealing. By engaging in this procurement process, businesses have the potential to significantly expand their portfolios and establish long-term relationships with key public sector clients like the University of Birmingham.

## Notice

This Voluntary Ex-Ante Transparency (VEAT) relates to the annual renewal for part of the University of Birmingham's Insurance provision. The University is proposing to extend their existing contract with Hasilwood, who act as an Insurance Broking subsidiary for UMAL, for the provision of this service for a period of one year, with the option to extend for a further one year, whilst a full review of the University estate, Insurance requirements and preparation for the tender process is undertaken.

### Lot Information

Lot 1

This Voluntary Ex-Ante Transparency (VEAT) relates to the annual renewal for part of the University of Birmingham's Insurance provision. The University is proposing to extend their existing contract with Hasilwood, who act as an Insurance Broking subsidiary for UMAL, for the provision of this service for a period of one year, with the option to extend for a further one year, whilst a full review of the University estate, Insurance requirements and preparation for the tender process is undertaken. Hasilwood currently provide the University's Insurance Broker Services enabling access to a wider insurance market beyond that offered by the University's insurance provider UMAL. These policies include, Fine Art for the Henry Barber Trust, Engineering Inspect, Motor Fleet and Travel Cover. Hasilwood are the University's current Insurance Broker and there are several reasons, detailed below, as to why the University is unable to change provider at this time. * A wholesale valuation of the University's Buildings, Property and Contents is required in order to properly demonstrate the value of the Estate; * A review with internal stakeholders is required to properly understand all manner of risks, including Liability, Travel, Research, Financial, and Reputational; * A review with The Executive Group is required to understand the Risk Tolerance of the University; It is essential all of the above is undertaken prior to a Tender process commencing in order for the University to discharge its responsibilities under the Insurance Act 2015 wherein it must disclose all material facts which may affect a prudent insurer's judgment. If the University is found to be non-compliant, cover may be withdrawn or cancelled, and claims may not be paid. UMAL is a Mutual comprising approximately 154 UK universities with the University being one of its first members. The University is also its largest member is terms of contribution and portfolio value. Some of the benefits of being a Member of a Mutual are: an annual Credit Note, Member Loyalty Bonus, and no requirement to pay Insurance Premium Tax at 12% of the value of the contributions (overall PS2.5m this year). Hasilwood, as an Insurance Broking subsidiary of UMAL, currently provides the level of cover required by the University and is also able to arrange further covers should these be required.

### Procurement Information

This Voluntary Ex-Ante Transparency (VEAT) relates to the annual renewal for part of the University of Birmingham's Insurance provision. The University is proposing to extend their existing contract with Hasilwood, who act as an Insurance Broking subsidiary for UMAL, for the provision of this service for a period of one year, with the option to extend for a further one year, whilst a full review of the University estate, Insurance requirements and preparation for the tender process is undertaken. Hasilwood currently provide the University's Insurance Broker Services enabling access to a wider insurance market beyond that offered by the University's insurance provider UMAL. These policies include, Fine Art for the Henry Barber Trust, Engineering Inspect, Motor Fleet and Travel Cover. Hasilwood are the University's current Insurance Broker and there are several reasons, detailed below, as to why the University is unable to change provider at this time. * A wholesale valuation of the University's Buildings, Property and Contents is required in order to properly demonstrate the value of the Estate; * A review with internal stakeholders is required to properly understand all manner of risks, including Liability, Travel, Research, Financial, and Reputational; * A review with The Executive Group is required to understand the Risk Tolerance of the University; It is essential all of the above is undertaken prior to a Tender process commencing in order for the University to discharge its responsibilities under the Insurance Act 2015 wherein it must disclose all material facts which may affect a prudent insurer's judgment. If the University is found to be non-compliant, cover may be withdrawn or cancelled, and claims may not be paid. UMAL is a Mutual comprising approximately 154 UK universities with the University being one of its first members. The University is also its largest member is terms of contribution and portfolio value. Some of the benefits of being a Member of a Mutual are: an annual Credit Note, Member Loyalty Bonus, and no requirement to pay Insurance Premium Tax at 12% of the value of the contributions (overall PS2.5m this year). Hasilwood, as an Insurance Broking subsidiary of UMAL, currently provides the level of cover required by the University and is also able to arrange further covers should these be required.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/024996-2024 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Negotiated without publication of a contract notice |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 8 Aug 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 7 Aug 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £3,000,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE UNIVERSITY OF BIRMINGHAM |
| Locality | BIRMINGHAM |
| Post town | Birmingham |
| Postcode | B15 2TT |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG31 Birmingham |
| Local authority | Birmingham |
| Electoral ward | Edgbaston |
| Westminster constituency | Birmingham Edgbaston |
| Delivery location | TLG31 Birmingham |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HASILWOOD MANAGEMENT SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 8 Aug 2024 at 10:23 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/024996-2024

## Notice URLs

- http://www.birmingham.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-0488d1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0488d1.json.