Published date: 7 March 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 23 January 2023, 12pm

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

Email

leigh.anderson@ncl.ac.uk

Website

https://www.ncl.ac.uk