--- title: "Provision of Insurance and related services to Settle Group" ocid: "ocds-h6vhtk-04a5ef" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04a5ef" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04a5ef.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04a5ef.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "SETTLE GROUP" published: "2024-10-04" --- # Provision of Insurance and related services to Settle Group Buyer: SETTLE GROUP Current stage: Tender OCID: ocds-h6vhtk-04a5ef [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04a5ef) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04a5ef.json) ## Summary Settle Group, a public authority located in Hertfordshire, UK, is seeking tenders for the provision of various insurance and related services. This tender process is currently in the 'Tender' stage, with the closing date for submissions being 4th November 2024. The procurement aims to secure services across seven lots, including general insurance, motor fleet risks, engineering plant and inspection, cyber risks, and terrorism risks, among others. The overall contract is valued at approximately £3 million GBP, with contracts commencing on 1st April 2025 and potentially extending up to five years if renewal options are exercised. The process follows a competitive procedure with negotiation and will entail a Selection Questionnaire (SQ) stage before advancing selected bidders to the Invitation to Tender (ITT) stage by 8th November 2024. This tender presents a significant opportunity for economic operators, especially small and medium enterprises, to expand their client base by providing comprehensive insurance solutions to a prominent public sector client. Businesses with experience in insurance services, particularly those capable of addressing the specific needs of property owners, developers, and social landlords, will find this tender particularly relevant. Furthermore, insurance brokers have the discretion to place required insurances with different insurers for each lot, enhancing their flexibility in service provision. This tender could be highly advantageous for companies with strong financial stability, as well as substantial experience in claims handling and risk management, to secure long-term agreements with Settle Group. ## Notice Provision of General (non-life) Insurance and related services to Settle Group ### Lot Information Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Settle Group A programme of General (non-life) insurance and related services for Settle Group. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident and employment practices liability. This list is to be decided at the sole discretion of Settle Group. This Lot excludes: Motor (See Lot 2), Engineering (See Lot 3), Cyber (See Lot 4), Terrorism Pool-Re (See Lot 5), Terrorism (Non-Pool Re) (See Lot 6) and Directors' and Officers' Liability (Lot 7) Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Hertfordshire:-Insurance-services./46GB4835V6 Options: Settle Group will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services for Motor Fleet risks for Settle Group Insurance and related services for Motor Fleet Risks for Settle Group. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Hertfordshire:-Insurance-services./46GB4835V6 Options: Settle Group will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Engineering plant and Inspections for Settle Group Insurance and related services associated with Engineering Insurance and Inspection for Settle Group. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Hertfordshire:-Insurance-services./46GB4835V6 Options: Settle Group will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Cyber risks for Settle Group Insurance and related services associated with Cyber risks for Settle Group. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Hertfordshire:-Insurance-services./46GB4835V6 Options: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Terrorism risks (Pool-Re) for Settle Group Insurance and related services associated with Terrorism Pool-Re/Political Violence for Settle Group. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Hertfordshire:-Insurance-services./46GB4835V6 Options: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Terrorism risks (Non Pool-Re/Political Violence) for Settle Group Insurance and related services associated with Terrorism Non Pool-Re/Political Violence for Settle Group. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Hertfordshire:-Insurance-services./46GB4835V6 Options: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Directors' and Officers' Liability for Settle Group Insurance and related services associated with Directors' and Officers' for Settle Group. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Hertfordshire:-Insurance-services./46GB4835V6 Options: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: Settle Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/031898-2024 | | 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 | 4 Oct 2024 | | Submission deadline | 4 Nov 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2025 - 31 Mar 2028 | | Recurrence | Between 3 or 5 years from the date of this Notice | ## Values | Field | Value | | --- | --- | | Tender value | £3,000,000 | | Lots value | £3,320,000 | | 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 | SETTLE GROUP | | Locality | HERTFORDSHIRE | | Post town | Stevenage | | Postcode | SG6 1HA | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH2 Bedfordshire and Hertfordshire | | ITL 3 | TLH26 North and East Hertfordshire | | Local authority | North Hertfordshire | | Electoral ward | Letchworth Norton | | Westminster constituency | North East Hertfordshire | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 71 - Architectural, construction, engineering and inspection services ### Codes - 66000000 - Financial and insurance services - 66510000 - Insurance services - 66513000 - Legal insurance and all-risk insurance services - 66513100 - Legal expenses insurance services - 66513200 - Contractor's all-risk insurance services - 66514110 - Motor vehicle insurance services - 66515000 - Damage or loss insurance services - 66515200 - Property insurance services - 66515410 - Financial loss insurance services - 66515411 - Pecuniary loss insurance services - 66516000 - Liability insurance services - 66516100 - Motor vehicle liability insurance services - 66516400 - General liability insurance services - 66516500 - Professional liability insurance services - 66517300 - Risk management insurance services - 66518000 - Insurance brokerage and agency services - 66518300 - Insurance claims adjustment services - 66519200 - Engineering insurance services - 71631000 - Technical inspection services - 71631100 - Machinery-inspection services - 71632200 - Non-destructive testing services ## Release History - 4 Oct 2024 at 13:05 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/031898-2024 ## Notice URLs - https://www.delta-esourcing.com/respond/46GB4835V6 - https://www.delta-esourcing.com/tenders/UK-UK-Hertfordshire:-Insurance-services./46GB4835V6 - https://www.settlegroup.org.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-04a5ef. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04a5ef.json.