T1115 - UMAL Insurance Broker

A Contract Award Notice
by UNIVERSITY OF ESSEX

Source
Contracts Finder
Type
Contract (Services)
Duration
5 year
Value
£60M-£125M
Sector
BUSINESS
Published
05 Jun 2025
Delivery
01 Aug 2025 to 31 Jul 2030
Deadline
20 Jan 2025 12:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

UMAL needs to secure the services of a UK-based insurance broker with experience, expertise and capacity to act as an intermediary between UMAL and the insurance market (i.e. insurers, reinsurers, and other risk financing institutions). The broker will be required to assist with insurance needs of UMAL which include: a. Placing Insurance risks with insurers (both local and international) b. Ensuring adequate insurance for all UMAL exposures c. Providing wholesale insurance broking services for HMSL on behalf of its Members d. Covering the entity risks of UMAL, which includes i. Office Insurance and related covers ii. Professional Indemnity iii. Directors and Officers for UMAL Directors and officers iv. Crime v. Cyber

Award Detail

1 Lockton (London)
  • Value: £125,000,000

CPV Codes

  • 66000000 - Financial and insurance services

Indicators

  • Contract is suitable for SMEs.

Other Information

For further details and to register your interest please go to https://supplierlive.proactisp2p.com/Account/Login?cid=UNIESSEX

Reference

Domains