---
title: "Insurance Broker Services (P25-0059)"
ocid: "ocds-h6vhtk-04dcbb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04dcbb"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04dcbb.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04dcbb.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "SCOTTISH ENTERPRISE"
published: "2025-09-17"
---

# Insurance Broker Services (P25-0059)

Buyer: SCOTTISH ENTERPRISE  
Current stage: Award  
OCID: ocds-h6vhtk-04dcbb

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04dcbb.json)

## Summary

Scottish Enterprise, a regional or local agency located in Glasgow, United Kingdom, recently completed a procurement process for their Insurance Broker Services. This contract, identified by the title "Insurance Broker Services (P25-0059)," involves insurance brokerage services, specifically within the services industry category. The process moved from tender to the award stage, with the award date being 16 September 2025. The main procurement method was an open procedure, and the contract, valued at £3,250,000, is set to commence on 1 June 2025, spanning until 31 May 2028, with extension options available. This procurement highlights opportunities related to insurance market insights and handling queries in alignment with Scottish Enterprise's needs.

This tender offers considerable opportunities for growth, especially for businesses specialising in insurance brokerage. Companies with expertise in providing professional insurance advice and managing related portfolios are ideally positioned to compete for this contract. This type of procurement can aid in business expansion by establishing long-term contracts with large organisations like Scottish Enterprise, providing consistent revenue streams. The procurement requirements emphasise a focus on sustainability, methodology innovation, and comprehensive experience, making it ideal for experienced brokerage firms with robust, innovative processes and a commitment to sustainable practices in handling insurance services across different domains.

## Notice

Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees.

### Lot Information

Lot 1

Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees. Additional information: The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: 2 x 12-month extension options

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/057220-2025 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Sep 2025 |
| Submission deadline | 12 Mar 2025 |
| Future notice date | Not specified |
| Award date | 15 Sep 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £3,250,000 |
| Lots value | £3,250,000 |
| Awards value | Not specified |
| Contracts value | £1 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH ENTERPRISE |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G2 6HQ |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Anderston/City/Yorkhill |
| Westminster constituency | Glasgow North |
| Delivery location | TLM Scotland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MARSH |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66500000 - Insurance and pension services
- 66510000 - Insurance services
- 66512100 - Accident insurance services
- 66513100 - Legal expenses insurance services
- 66514000 - Freight insurance and Insurance services relating to transport
- 66514110 - Motor vehicle insurance services
- 66515000 - Damage or loss insurance services
- 66515200 - Property insurance services
- 66516000 - Liability insurance services
- 66518000 - Insurance brokerage and agency services
- 66518100 - Insurance brokerage services
- 66519310 - Insurance consultancy services

## Release History

- 17 Sep 2025 at 09:33 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/057220-2025
- 7 Feb 2025 at 12:45 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/004160-2025

## Notice URLs

- http://www.gov.scot/Topics/Government/Procurement/Selling/supplier-enquiries
- http://www.publiccontractsscotland.gov.uk
- http://www.scottish-enterprise.com/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000789670
- https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00398
- https://www.scotcourts.gov.uk/the-courts/court-locations/glasgow-sheriff-court-and-justice-of-the-peace-court
- https://www.scottish-enterprise.com/help/contact-us

## 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-04dcbb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04dcbb.json.