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| Source: | Contracts Finder |
| Notice Type: | Tender notice |
| Buyer: | UNIVERSITY OF ESSEX |
| Main Category: | Services |
| Procurement Method: | Restricted procedure (above threshold) |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | £125,000,000 |
| Release Date: | 13 December 2024 |
| Application Deadline: | 20 January 2025 |
| Contract Start Date: | 31 July 2025 |
All 3 notices for this procurement, oldest first.
T1115 - UMAL Insurance Broker
T1115 - UMAL Insurance Broker
T1115 - UMAL Insurance Broker
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
View Original Notice
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Awarded to
| Award value: | £125,000,000 |
| Award decision date: | 4 June 2025 |
| Award status: | Active |
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
Published contracts in the last 12 months
34
total contracts
£37.5m
total value
£1,388,185
average contract size
Pipeline status
Not addedImports the contract into your BidWriter pipeline · Qualify before you commit to bid
Application Deadline
20 January 2025
Closed
Estimated Value
£125,000,000
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| 31 July 2030 |
| Contract Duration: | 5.1 years |
| Procurement ID (OCID): | ocds-b5fd17-427fc22c-0a3e-41ae-80f9-ca3910c4b9ed |
| Notice Reference: | b6ef84c4-e856-432a-b78e-2d9a3f2af133-810683 |
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