Section one: Contracting authority
one.1) Name and addresses
Pool Reinsurance Company Limited
47 King William Street
London
EC4R 9AF
commercialservices@poolre.co.uk
Country
United Kingdom
Region code
UKI - London
Internet address(es)
Main address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
http://poolre.ukp.app.jaggaer.com/
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
http://poolre.ukp.app.jaggaer.com/
Tenders or requests to participate must be submitted to the above-mentioned address
Electronic communication requires the use of tools and devices that are not generally available. Unrestricted and full direct access to these tools and devices is possible, free of charge, at
http://poolre.ukp.app.jaggaer.com/
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Insurance Broker
Reference number
PRE00075
two.1.2) Main CPV code
- 66518000 - Insurance brokerage and agency services
two.1.3) Type of contract
Services
two.1.4) Short description
Pool Re is seeking to appoint a broker for the provision of Insurance Brokerage services.
The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re’s insurance policies with insurance providers.
Pool Re requires cover to be placed across a range of insurance policies to include:
Professional Indemnity
Directors and Officers’ Insurance
Crime
Cyber
Commercial Combined
Insurance policies held for the provision of employee benefits are out scope for this requirement.
two.1.6) Information about lots
This contract is divided into lots: No
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKI - London
two.2.4) Description of the procurement
Pool Re is seeking to appoint a broker for the provision of Insurance Brokerage services.
The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re’s insurance policies with insurance providers.
Pool Re requires cover to be placed across a range of insurance policies to include:
Professional Indemnity
Directors and Officers’ Insurance
Crime
Cyber
Commercial Combined
Insurance policies held for the provision of employee benefits are out scope for this requirement.
Additionally, Pool Re may require, in its absolute discretion, the supplier to provide additional related services and/or expand services during the lifetime of the contract in order to meet future changes in demands/needs or new initiatives. Any modification in respect of additional / expanded services shall be in accordance with the requirements of Regulation 72 of the Public Contracts Regulations 2015.
two.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
two.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months
36
This contract is subject to renewal
Yes
Description of renewals
The contract requirements will be for three (3) years with the option for Pool Re to extend for a further two (2) x 12 month periods.
two.2.10) Information about variants
Variants will be accepted: No
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
two.2.14) Additional information
Supplier Registration: In order to access the opportunity please access Pool Re’s eSourcing Portal http://poolre.ukp.app.jaggaer.com/ and complete the Supplier Registration
Ensure you Complete Registration Data by answering all required questions marked with an asterisk.
To Access the ITTs – express an interest through the tab ITTs Open to All Suppliers, this will then move the ITT to My ITTs
Section three. Legal, economic, financial and technical information
three.1) Conditions for participation
three.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
three.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
three.2) Conditions related to the contract
three.2.1) Information about a particular profession
Execution of the service is reserved to a particular profession
Reference to the relevant law, regulation or administrative provision
The service provider must have the necessary regulatory permissions to provide insurance broking services in the UK.
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Open procedure
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.2) Time limit for receipt of tenders or requests to participate
Date
4 October 2023
Local time
2:00pm
four.2.4) Languages in which tenders or requests to participate may be submitted
English
four.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 6 (from the date stated for receipt of tender)
four.2.7) Conditions for opening of tenders
Date
4 October 2023
Local time
2:01pm
Section six. Complementary information
six.1) Information about recurrence
This is a recurrent procurement: Yes
Estimated timing for further notices to be published: 3 to 5 years
six.2) Information about electronic workflows
Electronic invoicing will be accepted
Electronic payment will be used
six.3) Additional information
Supplier Registration: In order to access the opportunity please access Pool Re’s eSourcing Portal http://poolre.ukp.app.jaggaer.com/ and complete the Supplier Registration
Ensure you Complete Registration Data by answering all required questions marked with an asterisk.
To Access the ITTs – express an interest through the tab ITTs Open to All Suppliers, this will then move the ITT to My ITTs List. To express interest in Open Opportunities, please use ITTs Open to All Suppliers.
Jaggaer Supplier Support/ Helpdesk
Global Phone Number: https://www.jaggaer.com/support/phone-numbers/
Supplier Contact Form: https://www.jaggaer.com/submit-supplier-support-request/
six.4) Procedures for review
six.4.1) Review body
Royal Court of Justice
Strand
London
WC2A 2LL
Country
United Kingdom