WCC - Insurance Tender

A Contract Award Notice
by WARWICKSHIRE COUNTY COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£62K-£4M
Sector
BUSINESS
Published
04 Apr 2023
Delivery
not specified
Deadline
n/a

Concepts

Location

Warwickshire:

Geochart for 1 buyers and 5 suppliers

1 buyer

5 suppliers

Description

Warwickshire County Council (the Council), supported by Arthur J Gallagher (the Council's Insurance Broker) sought an insurance provider/insurance providers to provide insurance cover in respect of each of the following areas: • Property (Lot 1) • Casualty (Lot 2) • Motor Fleet (Lot 3) • Personal Accident/Travel (Lot 4) • Engineering Insurance and Inspection (Lot 5) • Commercial and Industrial Property (Lot 6).

Lot Division

1 Property
Award Criteria
Compliance with Specification 30
Service 10
Claims Handling 10
price 50
2 Casualty
Award Criteria
Compliance with Specification 30
Service 10
Claims Handling 10
price 50
3 Motor Fleet
Award Criteria
Compliance with Specification 25
Service 8
Claims Handling 7
price 60
4 Personal Accident/Travel
Award Criteria
Compliance with Specification 20
Service 5
Claims Handling 5
price 70
5 Engineering Insurance and Inspection
Award Criteria
Compliance with Specification 7
Service 20
Claims Handling 3
price 70
6 Commercial and Industrial Property
Award Criteria
Compliance with Specification 20
Service 10
Claims Handling 10
price 60

Award Detail

1 Travelers Insurance (Surrey)
  • Property/Commercial and Industrial Property
  • Reference: 009775-2023-1
  • Value: £1,578,255
2 Maven Public Sector (London)
  • Casualty
  • Reference: 009775-2023-2
  • Value: £3,995,005
3 Zurich Insurance (Birmingham)
  • Motor Fleet
  • Reference: 009775-2023-3
  • Value: £1,642,343
4 Risk Management Partners (London)
  • Personal Accident/Travel
  • Reference: 009775-2023-4
  • Value: £61,733
5 British Engineering Services (Warrington)
  • Engineering Insurance and Inspection
  • Reference: 009775-2023-5
  • Value: £421,065

Renewal Options

The initial term of the Contract will be for 3 years (36 months), with the option to extend for further periods of 2 x 24 months (48 months) at the Council's sole discretion (84 months in total).

CPV Codes

  • 66510000 - Insurance services

Indicators

  • Options are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** The values stated against each Lot are the aggregated values over the maximum possible Contract term (7 years). Therefore, the estimated aggregated value across all six Lots over the maximum possible Contract term (7 years) is £7,698,400. The estimated value stated within the Contract Notice was £14,250,000.

Reference

Domains