Published date: 31 October 2024

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


Closing: 5 June 2024, 12pm

Contract summary

Industry

  • Insurance services - 66510000

Location of contract

CA1 2HH

Value of contract

£0

Procurement reference

IT-79-310-24-21 - AWARD

Published date

31 October 2024

Closing date

5 June 2024

Closing time

12pm

Contract start date

1 August 2024

Contract end date

31 July 2027

Contract type

Service contract

Procedure type

Restricted procedure

A two-stage procedure, where the first stage is used to select suppliers, who are then invited to bid in the second stage.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

Provision of Insurance Programme. The University procures its insurance products based upon its assessment and balance of risk, taking into account its legal, moral and financial duties. Along with other University professionals, the Finance Team will report to the Vice Chancellor's Executive regarding internal and external exposures and trends, allowing informed decisions to be made. Since the last tender in 2019 the University have created and developed professional relationships with their insurer providers. This includes with direct insurers on Property, Liability and Motor classes with
whom their appointed broker works on a tri-partite basis.


Award information

Awarded date

1 August 2024

Contract start date

1 August 2024

Contract end date

31 July 2027

Total value of contract

£175,840

This contract was awarded to 4 suppliers.

Aviva Plc

Address

8 Surrey Street, Norwich, Norfolk, United Kingdom, NR1 3NG

Reference

None

Nexus Underwriting Ltd

Address

52-56 Leadenhall Street, London, United Kingdom, EC3A 2EB

Reference

None

Risk Management Partners

Address

67 Lombard Street, London, United Kingdom, EC3V 9LJ

Reference

None

Zurich Insurance Company Ltd

Address

The Zurich Centre, 3000 Parkway, Fareham, Hampshire, United Kingdom, PO155JZ

Reference

None


About the buyer

Contact name

Dawn Davidson

Address

Carlisle
Carlisle
Cumbria
CA1 2HH
United Kingdom

Telephone

01228 616265

Email

procurementteam@cumbria.ac.uk