Insurance Policies

Framework agreement

Description

Southwark Council is currently planning to procure various insurance policies. The contract(s) is/are likely to last a maximum of 5 years. Southwark Council's forthcoming tender shall be an opportunity for the provision of insurance covering the principal classes of Property, Casualty and Motor and some small, ancillary covers such as personal accident and school travel. The insurance policies scope shall be covered in the following lots: Lot 1 Material Damage and associated covers:  Material Damage  Business Interruption  Money  Specified All Risks  Works in Progress "All Risks" Lot 1 estimated value:£10,571,551 2 Property:  Property Owners £2,025,000 3 Combined Liability:  Employer's Liability  Public/Products Liability  Officials Indemnity  Professional Indemnity Lot 3 estimated value: £4,417,752 4 Crime: Crime £235,876 5 Accident: Personal Accident / Business Travel £187,500 6 School: School Journey Offsite Activities £136,000 7 Computer: Computer £105,000 8 Motor: Motor Fleet £507,605 Estimated Contract Value including IPT and VAT where applicable £18,186,284

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