---
title: "Insurance Brokerage"
ocid: "ocds-h6vhtk-066ace"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-066ace"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-066ace.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-066ace.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "MONEY AND PENSIONS SERVICE"
published: "2026-03-16"
---

# Insurance Brokerage

Buyer: MONEY AND PENSIONS SERVICE  
Current stage: Award  
OCID: ocds-h6vhtk-066ace

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-066ace)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-066ace.json)

## Summary

The Money and Pensions Service, a central government public authority in the UK, recently completed an award process for securing organisational insurance through an insurance brokerage service. The tender was titled "Insurance Brokerage" and focused on financial and insurance services, with The Risk Factor Limited, an SME based in Leeds, as the awarded supplier. The procurement method employed was limited competition, selected below threshold. The contract commenced on 17th March 2026 and is set to end on 16th March 2027, representing a total gross value of £27,000.

This tender presents significant growth opportunities for businesses engaged in financial and insurance services, particularly those that specialise in providing tailored brokerage solutions to public authorities. Such organisations can potentially build long-term relationships with central government entities by demonstrating expertise in cost-effective insurance brokerage. SMEs with a strategic focus on expanding their service offerings to government departments would particularly benefit from engaging in similar procurement processes where limited competition methods are used.

## Notice

Insurance brokerage for securing organisational insurance

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/023409-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Below threshold - limited competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Mar 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 12 Mar 2026 |
| Contract period | 17 Mar 2026 - 16 Mar 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £22,500 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | MONEY AND PENSIONS SERVICE |
| Locality | BEDFORD |
| Post town | Milton Keynes |
| Postcode | MK42 9AB |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH2 Bedfordshire and Hertfordshire |
| ITL 3 | TLH24 Bedford |
| Local authority | Bedford |
| Electoral ward | Cauldwell |
| Westminster constituency | Bedford |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | THE RISK FACTOR |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 16 Mar 2026 at 11:16 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/023409-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/023409-2026
  16th March 2026 - Contract details notice on Find a Tender

## Notice URLs

- http://www.theriskfactor.com
- 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-066ace. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-066ace.json.