Contract award record
Insurance Services 2019/20 - AWARD
Tender value £1,500,000
Notice details
- Published
- Category
- services
- Buyer region
- East Midlands
- Source
- View official notice
Public buyer and contract winner
Award value£216,150
- AwardedCompleted
- StartCompleted
- EndCompleted
Work description
The University of Nottingham is tendering for the provision of insurance policies for The University of Nottingham and its subsidiary companies.
The requirement does not include broker services.
The contract will initially be for one (1) year commencing on 1 August 2019 and ending on 31 July 2020 with options for long term agreements up to a further 2 years.
The University of Nottingham requires the provision of Insurance Services from Insurers, Reinsurers or Discretionary Mutuals. The University can deal with Insurers who insure directly with the University as well as those who normally operate through a Broker.
The University has an appointed Insurance Broker, Henderson Insurance Brokers Ltd who will provide technical support and guidance to the University throughout this procurement exercise.
The University is not seeking services of another Insurance Broker.
The policies required are:
Lot 1 Motor Lot 2 Directors and Officers Lot 3 Professional Indemnity Lot 4 Crime/ fidelity Lot 5 Pension Trustee Liability