---
title: "Marine Liability Insurance"
ocid: "ocds-r6ebe6-0000761370"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000761370"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000761370.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000761370.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "HIGHLANDS AND ISLANDS ENTERPRISE"
published: "2024-04-25"
---

# Marine Liability Insurance

Buyer: HIGHLANDS AND ISLANDS ENTERPRISE  
Current stage: Award  
OCID: ocds-r6ebe6-0000761370

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000761370)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000761370.json)

## Summary

The Highlands and Islands Enterprise has awarded a contract for Marine Liability Insurance to the International General Insurance Company (UK) Limited. The procurement process was conducted via a limited award procedure without prior publication of a call for competition. The contract covers the period from 1 April 2024 to 31 October 2025 and has a total value of £55,345.51 GBP. The decision to extend the contract was made to align insurance renewals to a new, 1 November date, advised by the broker for market attractiveness.

This tender for Marine Liability Insurance creates opportunities for businesses in the services sector, particularly insurance providers specialising in marine insurance. Given the contract's specific nature and the focus on a limited award procedure, businesses with strong expertise in marine liability insurance and a track record of service excellence would be well-suited to compete. The public procurement process took place in Inverness, UK, and could be an opportunity for businesses looking to expand their services in the marine insurance sector in the region.

## Notice

The contract is for the provision of marine liability insurance, covering the period from 1 April 2024 to 31 October 2025. This is considered a 19-month extension of the current insurance. The reason for the extension is to enable HIE to re-align all of our main insurances to a new, 1 November renewal date. The total value stated in this contract award notice is the total of the extension and the 2023/24 insurance premium, including IPT. We are publishing this contract award notice to be transparent about the aggregated value.

### Lot Information

Lot 1

The contract is for the provision of marine liability insurance, covering the period from 1 April 2024 to 31 October 2025.

Options: changes related to the insured assets result in higher premium

### Procurement Information

Following the advice of our broker, this notice relates to an extension of an existing contract, the value reflects the original contract and the extension value. The extension is being actioned to enable us to align our insurance programme to a 1 November renewal date, as the broker advises this may be more attractive to the marketplace. Our future renewals we will be procured via our broker.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR503847 |
| Notice type | PCS Notice - Website Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Apr 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 11 Mar 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £55,345 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HIGHLANDS AND ISLANDS ENTERPRISE |
| Locality | INVERNESS |
| Post town | Inverness |
| Postcode | IV2 5NA |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM2 Highlands and Islands |
| ITL 3 | TLM20 Highlands and Islands |
| Local authority | Highland |
| Electoral ward | Inverness South |
| Westminster constituency | Inverness, Skye and West Ross-shire |
| Delivery location | TLM64 Na h-Eileanan Siar |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | INTERNATIONAL GENERAL INSURANCE COMPANY (UK |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services
- 66516000 - Liability insurance services

## Release History

- 25 Apr 2024 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR503847

## Documents

- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR503847
  Marine Liability Insurance - The contract is for the provision of marine liability insurance, covering the period from 1 April 2024 to 31 October 2025. This is considered a 19-month extension of the current insurance. The reason for the extension is to enable HIE to re-align all of our main insurances to a new, 1 November renewal date. The total value stated in this contract award notice is the total of the extension and the 2023/24 insurance premium, including IPT. We are publishing this contract award notice to be transparent about the aggregated value.

## Notice URLs

- http://
- http://www.hie.co.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000761370
- https://www.scotcourts.gov.uk/the-courts/court-locations/inverness-sheriff-court-and-justice-of-the-peace-court

## 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-r6ebe6-0000761370. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000761370.json.