Awarded contract

Procurement of General Insurance (excluding broker and administration services)

• NORTHERN IRELAND WATER LIMITED

F06: Contract award notice – utilities

Notice reference: 2023/S 000-026853

Published 11 September 2023, 5:14pm

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Section I: Contracting entity

I.1) Name and addresses

NORTHERN IRELAND WATER LIMITED

Westland House,40 Old Westland Road

BELFAST

BT146TE

Contact

Les Dick

Email

leslie.s.dick@marsh.com

Telephone

+44 7392122557

Country

United Kingdom

NUTS code

UKN06 - Belfast

Justification for not providing organisation identifier

Not on any register

Internet address(es)

Main address

www.niwater.com

I.6) Main activity

Water

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Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Procurement of General Insurance (excluding broker and administration services)

II.1.2) Main CPV code

• 66510000 - Insurance services

II.1.3) Type of contract

Services

II.1.4) Short description

Procurement of General Insurance

II.1.6) Information about lots

This contract is divided into lots: Yes

II.2) Description

II.2.1) Title

Cyber Insurance GBP 5m / GBP 5m

Lot No

1

II.2.2) Additional CPV code(s)

• 66516400 - General liability insurance services

II.2.3) Place of performance

NUTS codes

• UKN0 - Northern Ireland

II.2.4) Description of the procurement

Cyber Insurance including First Party and Third Party Claims

II.2.5) Award criteria

Quality criterion - Name: Quality of Cover / Weighting: 35%

Quality criterion - Name: Risk Management / Weighting: 10%

Quality criterion - Name: Claims Handling / Weighting: 10%

Quality criterion - Name: Social Value / Weighting: 10%

Price - Weighting: 35%

II.2.11) Information about options

Options: Yes

Description of options

Multi Year and Mutil cover options will be considered

II.2) Description

II.2.1) Title

Terrorism

Lot No

2

II.2.2) Additional CPV code(s)

• 66515200 - Property insurance services

II.2.3) Place of performance

NUTS codes

• UKN0 - Northern Ireland

II.2.4) Description of the procurement

Property Damage and Business Interruption

II.2.5) Award criteria

Quality criterion - Name: Quality of Cover / Weighting: 35%

Quality criterion - Name: Risk Management / Weighting: 15%

Quality criterion - Name: Claims Handling / Weighting: 15%

Price - Weighting: 35%

II.2.11) Information about options

Options: Yes

Description of options

Multi year and multi cover options will be considered

II.2) Description

II.2.1) Title

Directors & Officers (inc EPL in respect of NI Water Alpha)

Lot No

3

II.2.2) Additional CPV code(s)

• 66515410 - Financial loss insurance services

II.2.3) Place of performance

NUTS codes

• UKN0 - Northern Ireland

II.2.4) Description of the procurement

Insurance for wrongful act by a Director or Officer and EPL for NI Water Alpha Employees.

II.2.5) Award criteria

Quality criterion - Name: Quality of Cover / Weighting: 35%

Quality criterion - Name: Risk Management / Weighting: 15%

Quality criterion - Name: Claims Handling / Weighting: 15%

Price - Weighting: 35%

II.2.11) Information about options

Options: Yes

Description of options

Multi Year and Multi cover options will be considered.

II.2) Description

II.2.1) Title

Professional Indemnity

Lot No

4

II.2.2) Additional CPV code(s)

• 66516500 - Professional liability insurance services

II.2.3) Place of performance

NUTS codes

• UKN0 - Northern Ireland

II.2.4) Description of the procurement

Professional Liability in respect of services provided

II.2.5) Award criteria

Quality criterion - Name: Quality of Cover / Weighting: 35%

Quality criterion - Name: Risk Management / Weighting: 15%

Quality criterion - Name: Claism Handling / Weighting: 15%

Price - Weighting: 35%

II.2.11) Information about options

Options: Yes

Description of options

Multi Year and Multi cover options will be considered

II.2) Description

II.2.1) Title

Pension Trustees Liability

Lot No

5

II.2.2) Additional CPV code(s)

• 66515410 - Financial loss insurance services

II.2.3) Place of performance

NUTS codes

• UKN0 - Northern Ireland

II.2.4) Description of the procurement

Insurance for wrongful act as a Pension Trustee

II.2.5) Award criteria

Quality criterion - Name: Quality of Cover / Weighting: 35%

Quality criterion - Name: Risk Management / Weighting: 15%

Quality criterion - Name: Claims Management / Weighting: 15%

Price - Weighting: 35%

II.2.11) Information about options

Options: Yes

Description of options

Multi Year and Multi cover options will be considered

II.2) Description

II.2.1) Title

Computers - NI water Ltd

Lot No

6

II.2.2) Additional CPV code(s)

• 66515000 - Damage or loss insurance services

II.2.3) Place of performance

NUTS codes

• UKN0 - Northern Ireland

II.2.4) Description of the procurement

Accidental Damage, Business Interruption and Recompilation of Data

II.2.5) Award criteria

Quality criterion - Name: Quality of Cover / Weighting: 35%

Quality criterion - Name: Risk Management / Weighting: 15%

Quality criterion - Name: Claims Handling / Weighting: 15%

Price - Weighting: 35%

II.2.11) Information about options

Options: Yes

Description of options

Multi year and Multi cover options will be considered

II.2) Description

II.2.1) Title

Computer - Dalriada Water Ltd & NI Water Alpha Ltd

Lot No

7

II.2.2) Additional CPV code(s)

• 66515000 - Damage or loss insurance services

II.2.3) Place of performance

NUTS codes

• UKN0 - Northern Ireland

II.2.4) Description of the procurement

Accidental Damage, Business Interruption and Recompilation of Data

II.2.5) Award criteria

Quality criterion - Name: Quality of Cover / Weighting: 35%

Quality criterion - Name: Risk Management / Weighting: 15%

Quality criterion - Name: Claims Handling / Weighting: 15%

Price - Weighting: 35%

II.2.11) Information about options

Options: Yes

Description of options

Multi Year and Multi cover options will be considered.

II.2) Description

II.2.1) Title

Travel & Personal Accident

Lot No

8

II.2.2) Additional CPV code(s)

• 66512000 - Accident and health insurance services

II.2.3) Place of performance

NUTS codes

• UKN0 - Northern Ireland

II.2.4) Description of the procurement

Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NIWater Alpha Employees only.

II.2.5) Award criteria

Quality criterion - Name: Quality of Cover / Weighting: 35%

Quality criterion - Name: Risk Management / Weighting: 15%

Quality criterion - Name: Claims Handling / Weighting: 15%

Price - Weighting: 35%

II.2.11) Information about options

Options: Yes

Description of options

Multi Year and Multi cover options will be considered.

II.2) Description

II.2.1) Title

Crime - NI water Alpha only

Lot No

9

II.2.2) Additional CPV code(s)

• 66515410 - Financial loss insurance services

II.2.3) Place of performance

NUTS codes

• UKN0 - Northern Ireland

II.2.4) Description of the procurement

Insurance for Loss sustained as a direct result of Crime. Cover in respect of NIWater Alpha only.

II.2.5) Award criteria

Quality criterion - Name: Quality of Cover / Weighting: 35%

Quality criterion - Name: Risk Management / Weighting: 15%

Quality criterion - Name: Claims Handling / Weighting: 15%

Price - Weighting: 35%

II.2.11) Information about options

Options: Yes

Description of options

Multi Year and Multi cover options will be considered.

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Section IV. Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number: 2022/S 000-036222

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Section V. Award of contract

Lot No

1

Title

Cyber Insurance GBP 5m / GBP 5m

A contract/lot is awarded: Yes

V.2) Award of contract

V.2.1) Date of conclusion of the contract

31 March 2023

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Section VI. Complementary information

VI.3) Additional information

Lot 2 was awarded to a Lloyds syndicates facility

Lot 3 was awarded to RSA

Lot 4 was awarded to AIG

Lot 5 was awarded to AIG

Lot 6 was awarded to Aviva

Lot 7 was awarded to Aviva

Lot 8 was awarded to AIG

Lot 9 was awarded to RSA

Lot's 10 to 23 - LTA's maintained

VI.4) Procedures for review

VI.4.1) Review body

NI Water

Belfast

Country

United Kingdom