Insurance Programme

A Tender Notice
by THE UNIVERSITY OF CUMBRIA

Source
Find a Tender
Type
Contract (Services)
Duration
3 year
Value
£777K
Sector
BUSINESS
Published
03 May 2024
Delivery
01 Aug 2024 to 31 Jul 2027
Deadline
05 Jun 2024 12:00

Concepts

Location

Carlisle

Geochart for 2 buyers and 0 suppliers
Cumbria University
Leaflet | Map tiles by Stamen Design, under CC BY 3.0. Data by OpenStreetMap, under ODbL.

2 buyers

Description

The University is tendering for its insurance programme provision. 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.

Lot Division

1 Property Combined
  • Value: £345K

Property Combined insurance cover

2 Computer
  • Value: £12K

Computers

3 Combined Liability
  • Value: £171K

Combined Liability Insurance cover

4 Motor Insurance
  • Value: £105K

Motor Insurance

5 Fidelity Guarantee
  • Value: £12K

Fidelity Guarantee Insurance

6 Management Liability
  • Value: £12K

Management Liability Insurance cover

7 Professional Indemnity
  • Value: £48K

Professional Liability Insurance

8 PA and Travel
  • Value: £24K

PA and Travel Insurance

9 Engineering Insurance
  • Value: £39K

Engineering Insurance services

CPV Codes

  • 66510000 - Insurance services
  • 66515200 - Property insurance services
  • 66516000 - Liability insurance services
  • 66514110 - Motor vehicle insurance services
  • 66516500 - Professional liability insurance services
  • 66512000 - Accident and health insurance services
  • 66514100 - Insurance related to Transport
  • 66519200 - Engineering insurance services

Indicators

  • Bids should cover a maximum number of lots.
  • Bids may cover one or more lots.
  • This is a recurring contract.
  • Renewals are available.
  • Professional qualifications are sought.
  • Award on basis of price and quality.

Reference

Domains