# Insurance brokerage services

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Bank of England](/buyers/bank-of-england/contract-awards)
- Contract winner: [Willis Towers Watson](/contract-winners/willis-towers-watson/public-sector-contract-awards)
- Award value: £120,500
- Tender value: £120,000
- Award date: 24 April 2020
- Published: 17 July 2020
- Contract start: 1 June 2020
- Contract end: 31 May 2023
- Stage: awarded
- Procurement category: services
- Notice ID: 364e1037-bced-4a66-a7f7-38fd42ac0799-371189
- OCID: ocds-b5fd17-6b5b6938-22b9-49ca-bec9-1ac10521d5d8

## Description

The Bank of England has a requirement for insurance broker services, including but not limited to: \\r - Running a compliant tender process to appoint insurers\\r - Drive commercial reviews to ensure value-for-money\\r - Produce annual policy reports\\r - Provide a claims management process

## Related contract awards

- [Maintain and optimise the Automated Regression Pack](/contracts/ocds-b5fd17-0ddf4de8-84f6-4232-b6e0-2ddf1c3250af): BANK OF ENGLAND
- [Recruitment Assessment Services](/contracts/ocds-b5fd17-078cd73e-b1f3-48c5-a824-ad9172585aae): BANK OF ENGLAND
- [Provision of Cisco Enterprise Agreement for hardware and software plus support and maintenance](/contracts/ocds-b5fd17-c31e9ab5-d65c-4d7b-9a1f-c74b79e87af0): BANK OF ENGLAND
- [CEFAS26-70 Contract for insurance policy for subsea camera equipment hire](/contracts/ocds-b5fd17-a340c769-70cc-4c57-99d2-e959639a4857): Cefas
- [GB-Sheffield: Remuneration benchmarking data](/contracts/ocds-b5fd17-5cc1a5d9-df2e-4c34-ad74-c46b9e67c844): British Business Bank Plc
- [Natural England Insurance](/contracts/ocds-b5fd17-2842ccb0-5879-43b4-a740-d6694151283b): Natural England

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/364e1037-bced-4a66-a7f7-38fd42ac0799-371189)