Insurance Policies

Description

Southwark Council is inviting Tenders for the provision of insurances coverage and associated services various insurance policies. The contract(s) is/are likely to last a maximum of 5 years. Southwark Council's tender is 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 companies providing the Insurance cover for Lots 3 and 8 will also handle claims relating to the policies. The insurance policies scope is divided 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 Lot 2 Property:  Property Owners £2,025,000 Lot 3 Combined Liability:  Employer's Liability  Public/Products Liability  Officials Indemnity  Professional Indemnity Lot 3 estimated value: £4,417,752 Lot 4 Crime: Crime £235,876 Lot 5 Accident: Personal Accident / Business Travel £187,500 Lot 6 School: School Journey Offsite Activities £136,000 Lot 7 Computer: Computer £105,000 Lot 8 Motor: Motor Fleet £507,605 Estimated Contract Value including IPT and VAT where applicable £18,186,284

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