Published date: 7 March 2023
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Insurance brokerage services - 66518100
Location of contract
England
Value of contract
£36,500
Procurement reference
NCL001-DN639660-66038002
Published date
7 March 2023
Closing date
23 January 2023
Closing time
12pm
Contract start date
1 March 2023
Contract end date
28 February 2025
Contract type
Service contract
Procedure type
Other
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
The scope of this contract is for the supply of an insurance brokering service including, but not limited to, the following: -
• To work with the University on the full insurance tendering exercise for insurance products
• Review and provide advice on the levels and types of cover appropriate for the University including the development and implementation of an insurance programme for the University
• Assistance and advice on and negotiation of, renewal terms and premiums, including pre-renewal meetings
• Advice on and full compliance with the Above Threshold Procurement Directives for implementing renewals
• Operational Risk Management advice, support and guidance based on insurance programme and activities of the university
• Issuance of policy documentation
• Provision of template documents
• Summary of cover for all policies
• Provision of webpages for main policies
• Full claims management service including:
o Administration and support
o Liaison with loss adjusters /assessors
o Additional support on major claims
o Site visits following loss or damage
o Provision of monthly and quarterly claims report
o Day to day support including technical/specialist advice
• Advising on best practice in terms of procedures and processes used by the University in its insurance administration ensuring that the University is kept up to date on any development or change in the insurance market
• Full use of IT to facilitate record keeping, analysis of data and speedy communication
• Benchmarking University insurance strategy against best practice
• Advice and proposals for increasing value for money
• Annual Service Review meetings
• Access to whole of market policies for general and specialist insurances including international exposures such as for our campuses in Singapore and Malaysia where required.
Award information
Awarded date
23 February 2023
Contract start date
7 March 2023
Contract end date
28 February 2025
Total value of contract
£36,500
This contract was awarded to 1 supplier.
Arthur J Gallagher Insurance Brokers Ltd
Address
Station Square, One Gloucester Street, Swindon, Wiltshire, SN1 1GW
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Leigh Robinson
Address
Newcastle University
1 Park Tce
Newcastle upon Tyne
NE1 7RU
United Kingdom
Telephone
+44 1912088618
Website
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Closing: 23 January 2023, 12pm