---
title: "Provision of Insurance Services"
ocid: "ocds-h6vhtk-049711"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-049711"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-049711.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-049711.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "FLOOD RE LIMITED"
published: "2024-09-02"
---

# Provision of Insurance Services

Buyer: FLOOD RE LIMITED  
Current stage: Tender  
OCID: ocds-h6vhtk-049711

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-049711)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-049711.json)

## Summary

Flood Re Limited, a national agency, has issued a tender for the provision of reinsurance services, specifically covering Aggregate XL, Quota Shares, and Risk XL Capacity within the UK. The procurement falls under the services category with classification code 66700000 (Reinsurance Services). As part of a selective procurement method involving a competitive procedure with negotiation, the tender is currently active, aiming to cover a contract period of 1080 days with an option for a 24-month extension. The tender process began on 2nd September 2024, with submissions to be made electronically by 17th October 2024. The reinsurance services are segmented into six distinct lots, each with specific criteria, including social value, contract quality, capacity, additional services, and price considerations.

This tender represents a substantial business growth opportunity for firms specialising in insurance and reinsurance services, given the scope and duration of the contracts. Businesses that can provide high-capacity and quality services while meeting the detailed award criteria stand to benefit significantly. Particularly, firms experienced in delivering Aggregate XL and Quotashare reinsurance solutions would be well-positioned to compete. Additionally, those capable of leveraging electronic ordering, invoicing, and payment systems as stipulated in the contract terms will find this opportunity particularly suited to their capabilities.

## Notice

FloodRe requires the provision of reinsurance services including Aggregate XL, Quota Shares, and Risk XL Capacity.

### Lot Information

Layer 1 Aggregate XL

Lot 1 - Layer 1 Aggregate XL

Renewal: Contract extension option: 24 months

Layer 2 Aggregate XL

Lot 2 - Layer 2 Aggregate XL

Renewal: Contract Extension Option: 24 months

Layer 3 Aggregate XL

Lot 3 - Layer 3 Aggregate XL

Renewal: Contract extension option: 24 months

Layer 4 Aggregate XL

Lot 4 - Layer 4 Aggregate XL

Renewal: Contract extension option: 24 months

Lot 5 - Quota Share

Lot 5 - Quota Share

Renewal: Contract extension option: 24 months

Lot 6 - Risk XL

Lot 6 - Risk XL

Renewal: Contract extension options: 24 months

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/027865-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive procedure with negotiation |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Sep 2024 |
| Submission deadline | 17 Oct 2024 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| 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 | Active |
| Lots status | Active |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FLOOD RE LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC4N 7BE |
| 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 | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services
- 66700000 - Reinsurance services

## Release History

- 2 Sep 2024 at 08:54 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/027865-2024

## Notice URLs

- http://www.floodre.co.uk
- https://2025.floodreprocurement.co.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-049711. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-049711.json.