Scope
Reference
INS5104 LU
Description
London Universities Purchasing Consortium (LUPC) is undertaking this tendering process for Financial Lines Insurance Services commencing 1 August 2025 across three lots made up of Management Liability, Crime and Professional Indemnity. Offers are invited on behalf of one of more lots. The Agreement is being tendered on behalf of the LUPC Insurance Group, a collaborative group of 27 participating institutions from the following purchasing organisations - London Universities Purchasing Consortium: http://www.lupc.ac.uk/list-of-members.html; Southern Universities Purchasing Consortium: http://www.supc.ac.uk/engage/our-members/our-members; and is also available to members of North East Universities Purchasing Consortium (NEUPC): http://www.neupc.ac.uk/our-members; and North West Universities Purchasing Consortium (NWUPC): http://www.nwupc.ac.uk/our-members. It should be noted that (1) LUPC is not seeking any broker services through this procurement; (2) stated inc. VAT values are inc. IPT (Insurance Premium Tax) and that (3) preliminary market engagement was undertaken in late January 2025, prior to commencement of the Procurement Act 2023.
Lot LOT-0001. Management Liability
Description
To meet or exceed the Insurance Group's Management Liability cover requirements as defined in the specification within the documentation.
Lot LOT-0002. Crime
Description
To meet or exceed the Insurance Group's Crime cover requirements as defined in the specification within the documentation.
Lot LOT-0003. Professional Indemnity
Description
To meet or exceed the Insurance Group's Professional Indemnity cover requirements as defined in the specification within the documentation.
Contract 1
Lots
Lot LOT-0001. Management Liability
Lot LOT-0003. Professional Indemnity
Supplier
Contract value
- £0 excluding VAT
- £0 including VAT
Above the relevant threshold
Award decision date
3 July 2025
Date assessment summaries were sent to tenderers
3 July 2025
Standstill period
- End: 15 July 2025
- 8 working days
Earliest date the contract will be signed
29 July 2025
Contract dates (estimated)
- 1 August 2025 to 31 July 2028
- Possible extension to 31 July 2030
- 5 years
Description of possible extension:
option to extend for two further periods of one year each subject to satisfactory service, performance and cost.
Main procurement category
Services
CPV classifications
- 66510000 - Insurance services
Contract locations
- UKC - North East (England)
- UKD - North West (England)
- UKE - Yorkshire and the Humber
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKI - London
- UKJ - South East (England)
- UKK - South West (England)
Contract 2
Lots
Lot LOT-0003. Professional Indemnity
Supplier
Contract value
- £0 excluding VAT
- £0 including VAT
Above the relevant threshold
Award decision date
3 July 2025
Date assessment summaries were sent to tenderers
3 July 2025
Standstill period
- End: 15 July 2025
- 8 working days
Earliest date the contract will be signed
29 July 2025
Contract dates (estimated)
- 1 August 2025 to 31 July 2028
- Possible extension to 31 July 2030
- 5 years
Description of possible extension:
option to extend for two further periods of one year each subject to satisfactory service, performance and cost.
Main procurement category
Services
CPV classifications
- 66510000 - Insurance services
Contract locations
- UKC - North East (England)
- UKD - North West (England)
- UKE - Yorkshire and the Humber
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKI - London
- UKJ - South East (England)
- UKK - South West (England)
Contract 3
Lots
Lot LOT-0002. Crime
Supplier
Contract value
- £0 excluding VAT
- £0 including VAT
Above the relevant threshold
Award decision date
3 July 2025
Date assessment summaries were sent to tenderers
3 July 2025
Standstill period
- End: 15 July 2025
- 8 working days
Earliest date the contract will be signed
29 July 2025
Contract dates (estimated)
- 1 August 2025 to 31 July 2028
- Possible extension to 31 July 2030
- 5 years
Description of possible extension:
option to extend for two further periods of one year each subject to satisfactory service, performance and cost.
Main procurement category
Services
CPV classifications
- 66510000 - Insurance services
Contract locations
- UKC - North East (England)
- UKD - North West (England)
- UKE - Yorkshire and the Humber
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKI - London
- UKJ - South East (England)
- UKK - South West (England)
Information about tenders
Lot LOT-0001. Management Liability
- 5 tenders received
- 5 tenders assessed in the final stage:
- 2 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 4 suppliers unsuccessful (details included for contracts over £5 million)
Lot LOT-0002. Crime
- 5 tenders received
- 5 tenders assessed in the final stage:
- 2 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 4 suppliers unsuccessful (details included for contracts over £5 million)
Lot LOT-0003. Professional Indemnity
- 4 tenders received
- 4 tenders assessed in the final stage:
- 1 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 2 suppliers awarded contracts
- 2 suppliers unsuccessful (details included for contracts over £5 million)
Submission
Submission type
Tenders
Procedure
Procedure type
Competitive flexible procedure
Suppliers
ARTHUR J. GALLAGHER (UK) LIMITED
- Companies House: 01193013
- Public Procurement Organisation Number: PDCL-7842-ZCJD
The Walbrook Building, 25 Walbrook
London
EC4N 8AW
United Kingdom
Email: henry_hunter@ajg.com
Website: https://www.ajg.com/uk
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 2
RISK MANAGEMENT PARTNERS LTD.
- Companies House: 02989025
- Public Procurement Organisation Number: PBRT-8377-RCDJ
The Walbrook Building
London
EC4N 8AW
United Kingdom
Email: LST@rmpartners.co.uk
Website: http://www.rmpartners.co.uk
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): Yes
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1
ZURICH INSURANCE COMPANY LTD
- Companies House: BR000105
- Public Procurement Organisation Number: PQWR-3824-ZVZH
The Zurich Centre, 3000 Parkway ,Whiteley, Fareham
Hampshire
PO15 7JZ
United Kingdom
Email: zmsalesops@uk.zurich.com
Website: http://www.zurich.co.uk/municipal
Region: UKJ36 - Central Hampshire
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 3
Contracting authority
LUPC
- Public Procurement Organisation Number: PNVT-3763-LBZD
LUPC 5th floor Pinnacle House 23-26 St Dunstan's Hill
London
EC3R 8HN
United Kingdom
Email: procurement@lupc.ac.uk
Region: UKI31 - Camden and City of London
Organisation type: Public authority - sub-central government