---
title: "Modification of Insurance and Related Services 2019 - 2024 to June 25"
ocid: "ocds-r6ebe6-0000578961"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000578961"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000578961.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000578961.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "KEY HOUSING ASSOCIATION"
published: "2024-02-21"
---

# Modification of Insurance and Related Services 2019 - 2024 to June 25

Buyer: KEY HOUSING ASSOCIATION  
Current stage: Award  
OCID: ocds-r6ebe6-0000578961

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000578961)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000578961.json)

## Summary

The Key Housing Association in Glasgow has awarded a contract for the Modification of Insurance and Related Services 2019 - 2024 to June 25. The tender was initiated under the open procedure method and is in the tender stage. The process involves extending an existing insurance provision contract due to the restricted insurance market for social housing providers, driven by market uncertainties post-Brexit and the war in Ukraine. Key Housing Association aims to ensure the continuity of insurance services in the face of challenging market conditions, with plans to start a new procurement process in 2024 Q3.

This tender for insurance and related services provides an opportunity for insurance brokers and direct providers to compete. Businesses in the insurance industry, particularly those experienced in property and liability insurance, would find this tender well-suited for growth opportunities. The Key Housing Association's procurement process seeks to address market challenges and regulatory requirements, offering a chance for providers to offer comprehensive insurance services to meet the association's needs and secure a contract lasting till June 2025.

## Notice

Non-life insurance services, including property insurance for owned properties; housing contents for supported housing tenancies; contracts works insurance; property insurance for office contents; computer equipment; business interruption; money; public liability; employers' liability; legal expenses; engineering inspection and insurance; fidelity guarantee; and motor fleet.

### Lot Information

Lot 1

Key Housing Association (KHA) intends to extend the existing Insurance Provision contract due to end 1 June 24 to the 1 June 25 with Zurich Ltd who are the current insurance service Provider. This informed decision based on; the ongoing insurance marketplace uncertainty reflective of the post-Brexit economic environment, the far-reaching impact of the war in Ukraine, recent challenges faced by RSL's relating to all services, and the current cost-of-living pressures; while concurrently seeking to ensure effective continuity of our insurance services to meet our statutory regulatory requirements. The insurance market for social housing providers has always been quite restricted, however in the field of property and liability this has hardened severely and quickly since the start of 2023. This has been accelerated by the departure of two main insurance providers to the Sector over the last 6 months, meaning the already limited capacity is much reduced. This has resulted in unsustainable market conditions, and we have seen insurers react this year applying significant rate increases on Renewals during the first quarter of 2024. KHA intend to go out to the marketplace for a new contract for Insurance Provision and this procurement process will commence 2024 Q3 with a target effective date contract date of 1 June 2025.

Renewal: The contract will last for three years to 31 May 2022; with the possibility of a further two single year extensions through to 31 May 2024. The extension of the contract will be at the discretion of Key HA Senior Team.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB499194 |
| Notice type | OJEU - F20 - Modification Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large, SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Feb 2024 |
| Submission deadline | 29 Apr 2019 |
| Future notice date | Not specified |
| Award date | 1 Jun 2019 |
| Contract period | Not specified |
| Recurrence | As outlined in the ITT |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £1,650,975 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | KEY HOUSING ASSOCIATION |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G4 0HT |
| 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, TLM82 Glasgow City |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ZURICH MUNICIPAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 21 Feb 2024 at 00:00 - AwardUpdate - OJEU - F20 - Modification Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB499194
- 18 Sep 2019 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP366750
- 18 Apr 2019 at 00:00 - TenderUpdate - OJEU - F14 - Corrigendum - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR351987
- 28 Mar 2019 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR349982

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=7
  24th April 2019 - See attached Question No 5 & 6 - Responses as a new document upload
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=6
  23rd April 2019 - Question No 4 - Responses
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=3
  11th April 2019 - Appendix A - Key HA & Comm Lifestyle Pricing Schedule - Final
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=5
  11th April 2019 - New Appendix A pricing schedule, please omit last one
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=1
  1st April 2019 - KHA ITT- Insurance & Related Service 2019-2024 - Final
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=2
  1st April 2019 - KHA - Insurance & Related Services 2019 -2024 - ESPD
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=4
  1st April 2019 - KHA Supplementary Documentation
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR349982
  Insurance and Related Services 2019 - 2024 - Non-life insurance services, including property insurance for owned properties; housing contents for supported housing tenancies; contracts works insurance; property insurance for office contents; computer equipment; business interruption; money; public liability; employers' liability; legal expenses; engineering inspection and insurance; fidelity guarantee; and motor fleet.
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP366750
  Insurance and Related Services 2019 - 2024 - Non-life insurance services, including property insurance for owned properties; housing contents for supported housing tenancies; contracts works insurance; property insurance for office contents; computer equipment; business interruption; money; public liability; employers' liability; legal expenses; engineering inspection and insurance; fidelity guarantee; and motor fleet.
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB499194
  Modification of Insurance and Related Services 2019 - 2024 to June 25

## Notice URLs

- http://
- http://www.key.org.uk
- http://www.publiccontractsscotland.gov.uk/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000578961

## 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-r6ebe6-0000578961. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000578961.json.