Published date: 26 April 2023
Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.
Contract summary
Industry
Insurance services - 66510000
Property insurance services - 66515200
Location of contract
England
Value of contract
£3,228,238
Procurement reference
NCL001-DN666612-68289491
Published date
26 April 2023
Closing date
26 May 2023
Closing time
12pm
Contract start date
1 August 2023
Contract end date
31 July 2027
Contract type
Service contract
Procedure type
Other
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
The University has issued a PIN (call for competition) for Property & Professional Indemnity insurances as required by Newcastle University. The tender process is being managed by Arthur J. Gallagher Insurance Brokers Ltd who will conduct negotiations with insurers who meet the minimum requirements. Details of the University's risk profile are available from Arthur J. Gallagher Insurance Brokers. This may be amended from time to time to meet the changes in the University's requirements.
The University recognises that there may be a need for cover to be provided on a scheduled/co-insured/layered basis whereby multiple insurers provide the ultimate capacity required given the scale of the placement. The tender process is therefore being managed by Arthur J. Gallagher insurance Brokers Ltd who will conduct negotiations with insurers as indicated above should it not be possible place the cover with a single insurer. It is the University's preference to enter into a longer term agreement for a period of 4 years although it would be prepared to proceed with a placement for a single year commencing on 1 August 2023 or for a single years plus 3 extension options for a further year.
To participate in this exercise you should contact UKPublicSector@AJG.com and Leigh.Robinson@ncl.ac.uk
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: 26 May 2023, 12pm
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