Source: https://tendernation.io/opportunities/01a13cdd-b2c3-710d-83c4-812a6d985c18/t1115-umal-insurance-broker

closed GB restricted procedure Suitable for SMEs

# T1115 - UMAL Insurance Broker

[University of Essex](https://tendernation.io/buyers/university-of-essex)

Estimated value

£125,000,000

Published

13 Dec 2024

Deadline

Closed

20 Jan 2025

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

UMAL needs to secure the services of a UK-based insurance broker with experience, expertise and capacity to act as an intermediary between UMAL and the insurance market (i.e. insurers, reinsurers, and other risk financing institutions). The broker will be required to assist with insurance needs of UMAL which include:

- Placing Insurance risks with insurers (both local and international)
- Ensuring adequate insurance for all UMAL exposures
- Providing wholesale insurance broking services for HMSL on behalf of its Members
- Covering the entity risks of UMAL, which includes
- Office Insurance and related covers

ii. Professional Indemnity

iii. Directors and Officers for UMAL Directors and officers

iv. Crime

- Cyber

## CPV classification

Financial and insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/427fc22c-0a3e-41ae-80f9-ca3910c4b9ed)

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