Gibbs Laidler Consulting LLP is using Delta eSourcing to run this tender exercise
Notice Summary |
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Title: | Provision of Insurance and Related Services to Newlon Housing Trust |
Notice type: | UK4: Tender notice |
Authority: | Gibbs Laidler Consulting LLP |
Nature of contract: | Services |
Procedure: | Above threshold - Competitive flexible procedure |
Short Description: | Newlon Housing Trust are looking to appoint one or more providers to deliver their Insurance and related services for Property, legal liability and other general (non-life) insurable risks. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident and employment practices liability. This list is to be decided at the sole discretion of Newlon Housing Trust. Suppliers will be required to have the financial ability to deliver the programme, including Insurers with a minimum rating of ‘BBB’ from standard and poor, ‘B++’ from A M best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In the case of any rating less than A-, the contracting authority will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the ITT bid deadline of the bidder’s market security committee’s latest report, including written recommendation from the bidder’s market security committee. Suppliers will be assessed but not limited to the following high level criterion: - The ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options - A skilled and competent service team, being Client Relationship Management, Insurance Claims management, Insurance Broking / underwriting and insurable risk managers - The delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose |
Published: | 29/04/2025 09:25 |
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Scope
Description: Newlon Housing Trust are looking to appoint one or more providers to deliver their Insurance and related services for Property, legal liability and other general (non-life) insurable risks.
The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident and employment practices liability. This list is to be decided at the sole discretion of Newlon Housing Trust.
Suppliers will be required to have the financial ability to deliver the programme, including Insurers with a minimum rating of ‘BBB’ from standard and poor, ‘B++’ from A M best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In the case of any rating less than A-, the contracting authority will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the ITT bid deadline of the bidder’s market security committee’s latest report, including written recommendation from the bidder’s market security committee.
Suppliers will be assessed but not limited to the following high level criterion:
- The ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options
- A skilled and competent service team, being Client Relationship Management, Insurance Claims management, Insurance Broking / underwriting and insurable risk managers
- The delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-London:-Insurance-services.-*Duplicated*/6KE3FF7RDJ
To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/6KE3FF7RDJ
Total value (estimated):
GBP 12,270,000 excluding VAT GBP 12,270,000 including VAT
Maximum number of lots a supplier can be awarded: 2
Description of how multiple lots may be awarded: The contracting authority reserves the right to award contracts combining the following lots or groups of lots: Lots 1-3 will be individually evaluated and multiple awards may result. Where the respondee is an insurance Broker, it may choose to place the insurance(s) required within each Lot with different insurers at it's discretion, but full details of the risk carrier(s) will be required
Lots
Lot 1 : Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Newlon Housing Trust
Description: A programme of General (non-life) insurance and related services for Newlon Housing Trust. The programme will require Insurance and related services for risks that may include but not be limited to: Property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime, employment practices liability. This list is to be decided at the sole discretion of Newlon Housing Trust.
Value (estimated):
GBP 12,000,000 excluding VAT GBP 12,000,000 including VAT Contract dates (estimated)
01/11/2025 to 31/10/2028
CPV Classifications:
66510000 - Insurance services. 66516000 - Liability insurance services. 66516500 - Professional liability insurance services. 66517300 - Risk management insurance services.
Delivery regions:
Not Provided
Award criteria:
Quality criterion - Name: Criterion 1 / Weighting: 60
Quality criterion - Name: Criterion 2 / Weighting: 40
Lot 2 : Insurance and related services associated with Terrorism and/or Political Violence (Pool Re) for Newlon Housing Trust
Description: Newlon Housing Trust are looking to appoint one provider to deliver their Insurance and related services for Terrorism and/or Political Violence (Pool Re) cover.
Value (estimated):
GBP 135,000 excluding VAT GBP 135,000 including VAT Contract dates (estimated)
01/11/2025 to 31/10/2028
CPV Classifications:
66510000 - Insurance services. 66516000 - Liability insurance services. 66517300 - Risk management insurance services. 66518300 - Insurance claims adjustment services.
Delivery regions:
UK UNITED KINGDOM
Award criteria:
Quality criterion - Name: Criterion 1 / Weighting: 60
Quality criterion - Name: Criterion 2 / Weighting: 40
Lot 3 : Insurance and related services associated with Terrorism and/or Political Violence (Non Pool Re) for Newlon Housing Trust
Description: Newlon Housing Trust are looking to appoint one or more providers to deliver their Insurance and related services associated with Terrorism and/or Political Violence (Non Pool Re) cover.
Value (estimated):
GBP 135,000 excluding VAT GBP 135,000 including VAT Contract dates (estimated)
01/11/2025 to 31/10/2028
CPV Classifications:
66510000 - Insurance services. 66516000 - Liability insurance services. 66517300 - Risk management insurance services. 66518300 - Insurance claims adjustment services.
Delivery regions:
UK UNITED KINGDOM
Award criteria:
Quality criterion - Name: Criterion 1 / Weighting: 60
Quality criterion - Name: Criterion 2 / Weighting: 40
Submission
Enquiry deadline: 04/06/2025 Time: 17.00Tender submission deadline: 07/04/2025
Submission address and any special instructions: https://www.delta-esourcing.com/
An electronic auction will be used: No
Languages that may be used for submission: English, Award decision date (estimated): 24/09/2025
Procedure
Procedure type: Competitive flexible procedure
Contracting authority
Newlon Housing Trust, PGJB-3773-RCMH
4 Daneland Walk, London, N17 9FE, United Kingdom
Tel. 07546559803, Email: andy.bygrave@gibbslaidler.co.uk
Contact: Andy Bygrave
Address of the buyer profile: www.newlon.org.uk
Organisation type: REGIONAL_AUTHORITY
Devolved regulations that apply: None