---
title: "Insurance Broker Services (P25-0059)"
ocid: "ocds-r6ebe6-0000789670"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000789670"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000789670.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000789670.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "SCOTTISH ENTERPRISE"
published: "2025-09-17"
---

# Insurance Broker Services (P25-0059)

Buyer: SCOTTISH ENTERPRISE  
Current stage: Award  
OCID: ocds-r6ebe6-0000789670

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## Summary

Scottish Enterprise has concluded a public procurement process for the provision of Insurance Broker Services under the contract title "Insurance Broker Services (P25-0059)." The process, completed on 17 September 2025, was conducted through an open procedure and is aimed at appointing a proficient insurance broker to act as an agent for Scottish Enterprise. The contract, valued at £3,250,000, involves handling insurance-related activities including advising on insurance markets and risks, policy procurement, claims handling, and management of SE Investment property portfolios. The services are catered to the economic affairs category and are located in the region of UKM, with the procurement process initiated on 7 February 2025 and submission concluded on 12 March 2025. The contract is expected to begin on 1 June 2025, running initially until 31 May 2028, with potential extensions up to 2030.

This tender presents a substantial opportunity for businesses within the insurance brokerage industry, offering a framework to gain significant contracts through government engagement. The open nature of the procurement method allows for broad participation, making it ideal for large-scale insurance brokerage firms that possess the expertise and capacity to fulfil the extensive and complex requirements. These organisations can leverage their market insights and innovative solutions to manage risk and insurance portfolios effectively. Successful delivery on this contract not only enhances business growth through long-term governmental partnerships but also positions firms as leaders capable of managing critical public sector insurance needs.

## Notice

Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees.

### Lot Information

Lot 1

Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees.. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: 2 x 12-month extension options

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP539375 |
| Notice type | OJEU - F3 - Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 17 Sep 2025 |
| Submission deadline | 12 Mar 2025 |
| Future notice date | Not specified |
| Award date | 16 Sep 2025 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £3,250,000 |
| Lots value | £3,250,000 |
| Awards value | Not specified |
| Contracts value | £1 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH ENTERPRISE |
| Additional buyers | SCOTTISH GOVERNMENT |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G2 6HQ |
| 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 |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MARSH |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66500000 - Insurance and pension services
- 66510000 - Insurance services
- 66512100 - Accident insurance services
- 66513100 - Legal expenses insurance services
- 66514000 - Freight insurance and Insurance services relating to transport
- 66514110 - Motor vehicle insurance services
- 66515000 - Damage or loss insurance services
- 66515200 - Property insurance services
- 66516000 - Liability insurance services
- 66518000 - Insurance brokerage and agency services
- 66518100 - Insurance brokerage services
- 66519310 - Insurance consultancy services

## Release History

- 17 Sep 2025 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP539375
- 7 Feb 2025 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB523472

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=11
  6th March 2025 - Claims Experience Property
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=10
  5th March 2025 - Claims experience - Property
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=9
  28th February 2025 - Policy Claims Details
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=8
  28th February 2025 - Insurance List of Policies and Cost
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=7
  28th February 2025 - Slide deck from the bidder engagement session held on 25 February 2025.
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=1
  7th February 2025 - Invitation to Tender (P25-0059)
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=2
  7th February 2025 - ITT - Appendix 2 - SE Property Asset Register
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=3
  7th February 2025 - ITT - Appendix A - Off Payroll Working (P25-0059)
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=4
  7th February 2025 - ITT - Appendix B - Tender Response Document (P25-0059)
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=5
  7th February 2025 - ITT - Appendix C - Monitoring Information (P25-0059)
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB523472&idx=6
  7th February 2025 - SPD - Bidder 'Relevant Contract' Climate Change Plan Template
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB523472
  Insurance Broker Services (P25-0059) - Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees.
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP539375
  Insurance Broker Services (P25-0059) - Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees.

## Notice URLs

- http://
- http://www.glasgow.gov.uk
- http://www.gov.scot/Topics/Government/Procurement/Selling/supplier-enquiries
- http://www.publiccontractsscotland.gov.uk
- http://www.scotland.gov.uk
- http://www.scottish-enterprise.com/
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000789670
- https://www.publiccontractsscotland.gov.uk/
- https://www.scottish-enterprise.com/help/contact-us

## 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-r6ebe6-0000789670. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000789670.json.