--- title: "Provision of Group Life Assurance Policy for University of Strathclyde" ocid: "ocds-r6ebe6-0000793056" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000793056" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000793056.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000793056.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "UNIVERSITY OF STRATHCLYDE" published: "2025-08-06" --- # Provision of Group Life Assurance Policy for University of Strathclyde Buyer: UNIVERSITY OF STRATHCLYDE Current stage: Award OCID: ocds-r6ebe6-0000793056 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000793056) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000793056.json) ## Summary The University of Strathclyde, located in Glasgow, has completed the procurement process for a Group Life Assurance Policy to cover its employees. The contract was awarded to Unum Limited and was signed on 1st June 2025. The procurement process followed an open procedure, classified under the services category, and was identified with the CPV code 66511000. The contracting process began with the tender stage on 13th March 2025, with a closing date for submissions on 31st March 2025. The main objective was to provide an insurance policy covering 352 employees, ensuring a financial safety net equivalent to three times the employee’s annual salary. The procurement was handled with the assistance of Gallagher Consulting (Healthcare) Ltd. as a broker. This tender presents substantial opportunities for well-established insurance providers across the UK specialising in group life assurance policies. Businesses with a robust system for managing and processing claims efficiently and maintaining strong communication lines with clients are well-suited for such contracts. Additionally, the procurement required companies to demonstrate a substantial yearly turnover and hold comprehensive insurance coverages, thereby attracting firms with solid financial and operational foundations. By participating in similar tenders, companies can expand their client portfolio within the public sector, enhancing their business growth by aligning their offerings to accommodate large-scale employee benefit schemes. The University's emphasis on direct premium payments and a streamlined claims process can provide an edge to innovative insurers who can meet these demands efficiently. ## Notice The University seek to provide a group life insurance policy to provide coverage for a group of employees. Bidders must be able to demonstrate that they are a well established insurance provider who can provide a Group Life Assurance Policy within the UK. The insurance provider must also be able to accept payment of the premium direct from University of Stratchlyde. The University are being advised on this process and have the support of a broker for this process (Gallagher Consulting (Healthcare) Ltd. ### Lot Information Lot 1 As part of the University's employee benefits package, The University seek to provide a group life insurance policy to provide coverage for a group of 352 employees. The insurance is intended to support the organisation's commitment to employee welfare and ensure a financial safety net for their families. The policy must offer a benefit equivalent to three (3) times the employee's annual salary. The successful bidder should provide an easy-to-navigate claims process with clear instructions for beneficiaries. Bidders must be able to demonstrate that they are a well established insurance provider who can provide a Group Life Assurance Policy within the UK. The insurance provider must also be able to accept payment of the premium direct from University of Stratchlyde. Options: The Contracting Authority reserves the right to request additional deliveries by the Successful Tenderer, either intended as partial replacement of supplies or installations or as extensions of existing supplies and installations. The Contracting Authority may at it's sole discretion exercise this option. Renewal: the University shall allow for the option to extend / renew the policy for a period of 12 months. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG536434 | | Notice type | PCS Notice - Website 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 | 6 Aug 2025 | | Submission deadline | 31 Mar 2025 | | Future notice date | Not specified | | Award date | 1 Jun 2025 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £72,663 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | UNIVERSITY OF STRATHCLYDE | | Locality | GLASGOW | | Post town | Glasgow | | Postcode | G1 1XU | | 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 East | | Delivery location | TLM82 Glasgow City | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | UNUM | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66511000 - Life insurance services ## Release History - 6 Aug 2025 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG536434 - 13 Mar 2025 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR525939 ## Documents - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR525939 Provision of Group Life Assurance Policy for University of Strathclyde - The University seek to provide a group life insurance policy to provide coverage for a group of employees. Bidders must be able to demonstrate that they are a well established insurance provider who can provide a Group Life Assurance Policy within the UK. The insurance provider must also be able to accept payment of the premium direct from University of Stratchlyde. The University are being advised on this process and have the support of a broker for this process (Gallagher Consulting (Healthcare) Ltd. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG536434 Provision of Group Life Assurance Policy for University of Strathclyde - The University seek to provide a group life insurance policy to provide coverage for a group of employees. Bidders must be able to demonstrate that they are a well established insurance provider who can provide a Group Life Assurance Policy within the UK. The insurance provider must also be able to accept payment of the premium direct from University of Stratchlyde. The University are being advised on this process and have the support of a broker for this process (Gallagher Consulting (Healthcare) Ltd. ## Notice URLs - http:// - http://www.strath.ac.uk/ - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000793056 - https://www.publictendersscotland.publiccontractsscotland.gov.uk/esop/pts-host/public/pts/web/login.html ## 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-r6ebe6-0000793056. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000793056.json.