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Award GB FTS

Insurance and Related Services for The Guinness Partnership

The Guinness Partnership Ltd. Combined from multiple notices.

Stage
Award
the latest stage the buyer has published
Buyer
The Guinness Partnership Ltd
Supplier
Weald Insurance Brokers Ltd
named in the award notice
Value
£835K
covers more than the cyber work
Awarded
19 Jun 2023
the signed contract date on the notice
End date
31 May 2026
expected
First published
10 Oct 2022
last seen 22 Jun 2023

What the buyer published

The Guinness Partnership require insurance related services for the following areas:

Lot 1 - Main Programme. Insurance and related services for Property, legal liability and other general (non-life) insurable risks

Lot 2 - Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)

Lot 3 - Insurance and related services associated with Cyber risks

Lot 4 - Insurance and related services associated with Terrorism Risks

Potential suppliers must make costed proposals for insurance arrangements which meet our insurance, risk management and servicing needs in the most appropriate and cost-effective way. Minimum Requirements

Bidders must be able to meet the following minimum requirements:

  • the financial ability to deliver the programme, including insurers with a minimum rating of “B++” from Standard & Poor, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. • the ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options
  • a skilled and competent service team, which includes client relationship management, insurance claims management, insurance broking / underwriting and insurable risk managers
  • the delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose

Full Service Specification for all Lots can be found in Section 4 Specification of the 'Draft ITT Main Body' Document available with this Contract Notice

Estimated annual value for all LOTs is £8.675m per annum.

The buyer published this contract more than once.

We combine all notices into one record, so it only appears here once.

NoticePublishedTypeStage
028445-2022 10 Oct 2022 tender
017734-2023 22 Jun 2023 award
View the original notice ↗