---
title: "Investment Manager Appointment and Onboarding"
ocid: "ocds-h6vhtk-05dd8c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05dd8c"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05dd8c.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05dd8c.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "FLOOD RE LIMITED"
published: "2026-06-23"
---

# Investment Manager Appointment and Onboarding

Buyer: FLOOD RE LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-05dd8c

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05dd8c)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05dd8c.json)

## Summary

The contracting process was initiated by FLOOD RE LIMITED, a central government public authority located in London, United Kingdom, with the appointment of an investment manager to oversee its £1bn of assets. The procurement, titled "Investment Manager Appointment and Onboarding," falls under the services category, specifically focusing on reinsurance services. It was conducted using an open procedure method, which is suitable for encouraging healthy competition among bidders. The contract completion stage was reached on 23rd June 2026, with the award having been active since 18th March 2026. The contract period is set from 3rd July 2026 to 2nd July 2031, with a potential renewal extending up to 1st July 2033.

This tender presents significant opportunities for large asset management firms with robust insurance asset management capabilities. FLOOD RE LIMITED seeks a strategic partnership, endorsing businesses with strong reputations and expertise in navigating investment risk appetites. While the contract aims at long-term collaboration, it offers potential growth and expansion for prospective firms interested in engaging with government contracts. Notably, the open procurement method and criteria focusing on quality measures such as capability, culture, and support imply that companies able to demonstrate excellence in these areas will be well-positioned to succeed.

## Notice

Flood Re appointed a reputable asset manager for its PS1bn of assets. Looking for a partnership relationship with an asset management institution with strong brand and insurance asset management capabilities to assist in managing our investments in line with our investment risk appetite.

### Lot Information

Lot 1

Renewal: 10 years minimum contract with the option to extend for an additional 36 months subject to approval.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/059030-2026 |
| Notice type | UK6 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 Jun 2026 |
| Submission deadline | 22 Dec 2025 |
| Future notice date | Not specified |
| Award date | 18 Mar 2026 |
| Contract period | 2 Jul 2026 - 2 Jul 2031 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,550,000 |
| Lots value | £4,550,000 |
| Awards value | £2,625,000 |
| Contracts value | Not specified |

## Status

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

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ABERDEEN GROUP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66700000 - Reinsurance services

## Release History

- 23 Jun 2026 at 13:51 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/059030-2026
- 10 Nov 2025 at 11:59 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/072348-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/059030-2026
  23rd June 2026 - Contract award notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/072348-2025
  10th November 2025 - Tender notice on Find a Tender

## Notice URLs

- https://procurementsolutions.esourcingportal.com/current_opportunities.cfm
- https://www.aberdeenplc.com/en-gb
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-05dd8c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05dd8c.json.