--- title: "Insurance Broker Services" ocid: "ocds-h6vhtk-06823c" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06823c" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-06823c.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-06823c.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "MAG AIRPORT LIMITED" published: "2026-04-14" --- # Insurance Broker Services Buyer: MAG AIRPORT LIMITED Current stage: Tender OCID: ocds-h6vhtk-06823c [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-06823c) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-06823c.json) ## Summary MAG Airport Limited is actively engaged in the procurement process for insurance broker services, with the tender recently updated on 14th April 2026. The contract aims to establish a long-term partnership with a specialist insurance broker to support Manchester Airport Group's operations within a complex commercial and regulatory environment. The tender is categorised under insurance brokerage services, and potential vendors are required to participate in a competitive flexible procedure. The procurement is currently in the 'Tender' stage with the next critical deadline for expressing interest set for 11th May 2026. The contract, valued at £3 million, entails multiple risk transfer services essential to MAG’s strategic objectives and operational continuity. Businesses need to submit their interest via the SAP Ariba portal, ensuring compliance with procedural terms specified by MAG's procurement team. This tender provides an excellent opportunity for insurance brokers with a significant capacity for advising on risk strategy and managing diverse insurance programmes. Prospective bidders should be financially stable, accredited, and possess proficiency in areas such as property damage, business interruption, cyber risks, liability, and engineering inspections. As the procurement method is selective, the procedure includes a series of pre-qualification questionnaires, negotiations, and final offers, demanding high technical expertise and commercial acumen. This contract spans an initial period of five years with extensions possible, offering substantial business growth potential for qualifying companies. Vendors with an impressive track record in dealing with dynamic insurance environments will find their skills well-aligned to the demands of MAG's strategic operations. The procurement also promises flexibility, allowing MAG to potentially expand the services procured to new airport acquisitions. ## Notice Manchester Airports Group (MAG) is seeking a long-term Insurance Broker Partner. MAG operates within a complex commercial and regulatory environment while maintaining a diverse, evolving risk profile. Effective insurance arrangements are essential to supporting operational continuity, financial resilience, and MAGs wider strategic objectives. Key policies taken out by MAG annually include: * Property Damage and Business Interruption * Airport Owners and Operators Liability * Cyber * Motor * Employers Liability * Directors and Officers Liability * Engineering Inspection and Insurance * A portfolio of insurance for the CAVU business Insurance brokers play a critical role in advising on risk transfer strategy, insurance programme design, placement of cover, insurer engagement, and claims management. Given the specialist nature of these services and the importance of robust governance and market expertise, MAG requires access to suitably experienced, financially stable, and professionally accredited insurance brokers. MAGs current insurance brokerage arrangements are approaching expiry. In addition, ongoing changes within the insurance market, including pricing volatility, insurer capacity constraints, and increased regulatory and governance expectations, necessitate a formal competitive procurement process. ### Lot Information Lot 1 Options: MAG shall have the option to procure any goods, services, and/ or consultancy that relate to or are ancillary to the main purpose of the contract notice and / or that are required in order to receive the benefit of the applicable goods or services being procured. In the event that MAG acquires any other airport(s), we also reserve the right to potentially procure similar Services for these airport(s) through the contract. Renewal: This contract will last for an initial period of 5 years with the option to extend for +2 years, +2 years, taking it through to 9 years in total. MAG have estimated the contract value at PS3Million, however MAG expect the commercial proposals to be lower. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/033954-2026 | | Notice type | UK4 - Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive flexible procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 14 Apr 2026 | | Submission deadline | Not specified | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Nov 2026 - 31 Oct 2031 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £3,000,000 | | Lots value | £3,000,000 | | 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 | MAG AIRPORT LIMITED | | Locality | MANCHESTER | | Post town | Manchester | | Postcode | M90 1QX | | Country | England | | ITL 1 | TLD North West (England) | | ITL 2 | TLD3 Greater Manchester | | ITL 3 | TLD33 Manchester | | Local authority | Manchester | | Electoral ward | Woodhouse Park | | Westminster constituency | Wythenshawe and Sale East | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66518000 - Insurance brokerage and agency services ## Release History - 14 Apr 2026 at 16:53 - TenderUpdate - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/033954-2026 - 14 Apr 2026 at 14:43 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/033877-2026 ## Documents - https://www.find-tender.service.gov.uk/Notice/033954-2026 14th April 2026 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/033877-2026 14th April 2026 - Tender notice on Find a Tender ## Notice URLs - https://www.legislation.gov.uk/ukpga/2023/54/contents - https://www.magairports.com/ - https://www.magairports.com/work-with-us/procurement-and-contracts/ ## 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-06823c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-06823c.json.