Source: https://tendernation.io/opportunities/01a13cea-4899-7186-b23e-ea89cb73d8fc/insurance-tender-2024-2029

awarded GB restricted procedure

# Insurance Tender 2024 -2029

[capitalEsourcing](https://tendernation.io/buyers/capitalesourcing)

Estimated value

£4,251,778

Published

19 Apr 2024

Deadline

Closed

19 Feb 2024

## About this tender

The Royal Borough of Kensington & Chelsea (RBKC) has awarded insurance tender to the below lots :

- Lot 2 Combined Liability -Zurich Insurance Company PLC (UK Branch) trading as

### Zurich Municipal BR000105

- Lot 3 Terrorism- Lloyd's Market via Marsh Limited Co. Reg. 01507274
- Lot 4 Director & Officers Liability- Lloyd's Market via Marsh Limited Co. Reg.

01507274

- Lot 5 Crime - Zurich Insurance Company PLC (UK Branch) trading as Zurich Municipal

### BR000105

- Lot 6 PA and Travel - Aon UK Limited Trading as Maven Public Sector 210725
- Lot 7 School Journey - Zurich Insurance Company PLC (UK Branch) trading as Zurich

### Municipal BR000105

- Lot 8 Motor Fleet- Zurich Insurance Company PLC (UK Branch) trading as Zurich

### Municipal BR000105

- Lot 10 Engineering Inspection - Zurich Insurance Company PLC (UK Branch) trading

as Zurich Municipal BR000105

The Contract Award Criteria was based on the technical specification, which invited bidders to provide policy coverage and claims handling requirements. Tenders were invited on the basis that insurance contracts would be awarded to the tenderers submitting the most economically advantageous tender. The contract opportunities were forwarded to a select number of insurance providers on the Council's e-tendering portal - Capital eSourcing. - The Competitive Procedure with Negotiation (CPN) was used.

The contract will be established for an initial duration of five-year arrangement, premiums are not fixed by the insurers as they will be subject to annual index linking to reflect the current inflation at that time. This ensures the Councils' assets are adequately insured and not subject to under-insurance.

Read full description

## CPV classification

Insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/934842d9-1456-4b86-a54a-d8af4df34349)

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