Procurement of General Insurance (excluding broker services)

A Contract Award Notice
by NORTHERN IRELAND WATER LIMITED

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
0-0
Sector
BUSINESS
Published
12 Sep 2022
Delivery
not specified
Deadline
n/a

Concepts

Location

Northern Ireland:

Geochart for 1 buyers and 2 suppliers

Description

Procurement of General Insurance

Lot Division

1 Property and Business Interruption (20% of programme)
  • Value: 0-0

20% of the Material Damage and Business Interruption Insurance Programme

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claism Management 15%
price 35%
2 Material Damage / Business Interruption (NI Water Alpha) - 20% of programme

20% of the Material Damage and Business Interruption programme

Award Criteria
Quality 35%
Risk Management 15%
Claims Management 15%
price 35%
3 Excess Public Liability GBP 35m / GBP 25m

Liabilities to Third Parties

Award Criteria
Quality of cover 35%
Risk Management 15%
aims Management 15%
price 35%
4 Excess Employers Liability GBP 25m / GBP 25m

Liability for injury and damage to employees

Award Criteria
Quality of cover 35%
Risk Management 15%
Claism Management 15%
price 35%
5 Directors & Officers (inc EPL in respect of NI Water Alpha)

Insurance for wrongful act by a Director or Officer and EPL for NI Water Alpha Employees

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
6 Pension Trustees Liability

Insurance for wrongful act as a Pension Trustee

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
7 Computers NI Water Alpha

Accidental Damage, Business Interruption and Recompliation of Data

Award Criteria
Quality of Cover 35%
Risk Managment 15%
Claims Management 15%
price 35%
8 Parametric Freeze Thaw

Weather related insurance for Freeze / Thaw

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
9 Travel and Personal Accident

Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NI Water Alpha Employees only

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
10 Crime - Ni Water Alpha only

Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims management 15%
price 35%
11 Public Liability - LTA until 2023

Liability to Third Parties. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of Cover 35%
Risk Management 15%
Claims Management 15%
price 35%
12 Excess PL - GBP 40m / GBP 60m - LTA until 2023

Liability to Third Parties. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
13 Employers Liability - LTA to 2023

Liability for injury or damage to employees. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
14 MD/BI Solar Farm - LTA to 2023

Loss or damage to Solar Farm inc Business Interruption. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
15 Terrorism - LTA to 2023

Damage and Business Interruption caused by Terrorism This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
16 Motor Fleet - LTA to 2023

Comprehensive and Third Party only Motor Insurance. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims management 15%
price 35%
17 Cyber Liability - LTA to 2023

Loss, damage or liability caused by a Cyber event. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
18 Environmental Impairment Liability - NI Water - LTA to 2023

Gradual Pollution cover. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
19 Environmental Impairment Liability - Dalridaa Water - LTA ro 2023

Gradual Pollution of cover. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
20 Parametrics for Drought - High Temperature - LTA to 2024

Weather related Insurance for High Temperature This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
21 Parametrics for Drought - Lack of Rainfall - LTA to 2024

Weather related Insurance for Drought - Lack of Rainfall. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%
22 Computers - NI water Ltd - LTA to 2023

Accidental Damage, Business Interruption and Recompilation of Data Insurance. This is a precautionary notice should the current Long term Agreement be breached

Award Criteria
Quality of cover 35%
Risk Management 15%
Claims Management 15%
price 35%

Award Detail

1 Sompo (London)
  • Property and Business Interruption (20% of programme)
  • Reference: 025455-2022-2021/s000-029067-1
  • Awarded to group of suppliers.
2 Generali Global Corporate & Commercial (London)
  • Property and Business Interruption (20% of programme)
  • Reference: 025455-2022-2021/s000-029067-1
  • Awarded to group of suppliers.

CPV Codes

  • 66510000 - Insurance services
  • 66515200 - Property insurance services
  • 66516400 - General liability insurance services
  • 66516000 - Liability insurance services
  • 66515410 - Financial loss insurance services
  • 66515000 - Damage or loss insurance services
  • 66515300 - Weather and financial loss insurance services
  • 66512000 - Accident and health insurance services
  • 66514110 - Motor vehicle insurance services

Indicators

  • Options are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** Lot 2 awarded to Generali and Sompo Lot 3 awarded to Berkshire Hathaway International Lot 4 awarded to AIG Lot 5 awarded to RSA Lot 6 awarded to Allianz Lot 7 awarded to Aviva Lot 8 awarded to Generali Lot 9 awarded to AXA XL Lot 10 awarded to RSA Lot's 11 to 22 - LTA's maintained

Reference

Domains