NU/1898 Property & Professional Indemnity Insurance
A Prior Information Notice
by NEWCASTLE UNIVERSITY
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 4 year
- Value
- £0-£3M
- Sector
- BUSINESS
- Published
- 24 Apr 2023
- Delivery
- 01 Aug 2023 to 31 Jul 2027
- Deadline
- 26 May 2023 11:00
Concepts
Location
Tyneside:
1 buyer
- Newcastle University Newcastle upon Tyne
Description
Property & Professional Indemnity insurances as required by Newcastle University. The tender process is being managed by Arthur J. Gallagher Insurance Brokers Ltd who will conduct negotiations with insurers who meet the minimum requirements. Details of the University's risk profile are available from Arthur J. Gallagher Insurance Brokers. This may be amended from time to time to meet the changes in the University's requirements.
Total Quantity or Scope
The University recognises that there may be a need for cover to be provided on a scheduled/co-insured/layered basis whereby multiple insurers provide the ultimate capacity required given the scale of the placement. The tender process is therefore being managed by Arthur J. Gallagher insurance Brokers Ltd who will conduct negotiations with insurers as indicated above should it not be possible place the cover with a single insurer. It is the University's preference to enter into a longer term agreement for a period of 4 years although it would be prepared to proceed with a placement for a single year commencing on 1 August 2023 or for a single years plus 3 extension options for a further year. Additional information: In addition to contacting AJ Gallagher direct to express and interest in these contracts please also contact the University representative in parallel by emailing Leigh.Robinson@ncl.ac.uk
Renewal Options
It is anticipated that the requirement will be renewed before the expiry of any contract to ensure continuity of cover.
CPV Codes
- 66510000 - Insurance services
- 66515200 - Property insurance services
Indicators
- Renewals are available.
- Professional qualifications are sought.
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. **
Reference
- ocds-h6vhtk-03c376
- FTS 011617-2023