NU/1896 General Insurances
A Tender Notice
by NEWCASTLE UNIVERSITY
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 4 year
- Value
- £2M
- Sector
- BUSINESS
- Published
- 27 Apr 2023
- Delivery
- To 09 May 2027 (est.)
- Deadline
- 30 May 2023 11:00
Concepts
Location
Tyneside:
1 buyer
- Newcastle University Newcastle upon Tyne
Description
The University is tendering for the provision of insurance policies, the requirement does not include broker services. The contract shall be divided into the following lots: Lot 1 – Computer Lot 2 – Combined Liability Lot 3 – Management Liability Lot 4 – Crime Lot 5 - Terrorism Lot 6 - Personal Accident & Travel The University seek the most economically advantageous response in terms of premium cost, extent of cover and claims handling for each policy. Potential Providers can apply for one or multiple lots, one supplier will be awarded for each Lot. The relevant policies fall due for renewal on the 1st August 2023.
Lot Division
1 | Computer
Loss of or damage to computer, ancillary equipment and data carrying materials including breakdown. Plus: additional expenditure incurred if the operations of the Business are interrupted as a result, recompilation of data, loss from a virus or hacking |
2 | Combined Liability
Indemnity in respect of legal liability to pay damages to employees for death, injury or disease arising out of and in the course of employment, including legal costs and expenses. Indemnity against Legal liability for accidental bodily injury or disease (fatal or non-fatal) to third parties or loss or damage to third party property arising out of business activities including goods or products (including food and drink) sold, supplied or distributed by the insured |
3 | Management Liability
Liability for claims resulting from any wrongful act, actual or alleged breach of duty breach of trust breach of confidentiality negligent act error or omission misstatement misleading statement breach of warranty of authority, libel slander or other act wrongly done or attempted by the Insured (or Subsidiary Company of such) or (but not limited to) the Insured’s governors directors officers trustees members or employees arising out of their duties on behalf of the Insured. |
4 | Crime
The Insurer shall indemnify the Insured against any Loss sustained by the Insured as a direct result of a Crime first Discovered in the Policy Period or Discovery Period. |
5 | Terrorism
Loss, damage and interruption resulting from acts of Terrorism including Sabotage and Disruption. To include Computer, Contract Works and Fine Arts. |
6 | Personal Accident & Travel
Death and disablement following accidental bodily injury and extensive travel cover as detailed in the tender documentation. |
CPV Codes
- 66510000 - Insurance services
- 66515000 - Damage or loss insurance services
- 66515410 - Financial loss insurance services
- 66516000 - Liability insurance services
- 66512000 - Accident and health insurance services
- 66514100 - Insurance related to Transport
Indicators
- This is a one-off contract (no recurrence)
- Renewals are not available.
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. **
Reference
- ocds-h6vhtk-03c4bc
- FTS 012146-2023