Scope
Reference
GPL0061
Description
Orbit is seeking to source a suitable single provider/broker to cover and manage Orbit's Insurance requirements.
The provider should be able to cover at a minimum the insurance services marked with a * below and ideally, all lines of insurance. However, where this is not possible, options will be reviewed.
Tender submissions will be sought from service providers for Insurance Policies for Orbit to commence on 1st April 2026. Orbit requires the contract to be provided on a 3 + 2 + 2 year long term agreement with provision of a claim's performance bonus or risk management fund for Orbit.
The policy will then renew annually from 1st April every subsequent year of cover.
All full premiums are required to be quoted on an annual basis, confirm where rates are guaranteed and for how long, be net of commission and all discounts, IPT and VAT where applicable must be shown separately but also included. Any brokerage fees should be noted separately but also included. Any commissions or brokerage fees should be made explicitly clear and subject to prior agreement of Orbit.
Insurance services should cover the following:
• *General Rented Property
• *Leasehold/Shared Ownership/RTB/Private Leasehold Retirement
• *Commercial and Office Buildings
• *Landlord Contents
• *Newbuild awaiting sale
• *Private Rented
• *Works in Progress
• *Business Interruption
• *All Risk (specified equipment)
• *Money
• *Public and Product Liability including Financial Loss Extension (Asbestos cover)
• *Employers Liability (Asbestos cover)
• *Motor Fleet & Legal Protection
• *Terrorism
• *Commercial Property Owners
• Libel and Slander
• Professional Negligence
• Group Personal Accident
• Computers
• Contract All Risks, Works
• Contractors Plant
• Travel
• Fidelity Guarantee
• Cyber
• Directors & Officers Liability
Contract 1. Insurance Services
Supplier
Contract value
- £24,166,666 excluding VAT
- £29,000,000 including VAT
Above the relevant threshold
Award decision date
5 November 2025
Date assessment summaries were sent to tenderers
10 November 2025
Standstill period
- End: 17 December 2025
- 8 working days
Earliest date the contract will be signed
22 January 2026
Contract dates (estimated)
- 1 April 2026 to 31 March 2029
- Possible extension to 31 March 2033
- 7 years
Description of possible extension:
2 x option to extend for 24 months.
Main procurement category
Services
CPV classifications
- 66510000 - Insurance services
Contract locations
- UK - United Kingdom
Information about tenders
- 2 tenders received
- 2 tenders assessed in the final stage:
- 0 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 1 supplier unsuccessful (details included for contracts over £5 million)
Unsuccessful suppliers
Procedure
Procedure type
Open procedure
Suppliers
Marsh Limited
- Companies House: 01507274
- Public Procurement Organisation Number: PGGV-7645-JTDL
1 Tower Place West
London
EC3R 5BU
United Kingdom
Website: http://www.marsh.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
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 1. Insurance Services
Contracting authority
ORBIT GROUP LIMITED
- Companies House: IP28503R
- Public Procurement Organisation Number: PDDL-8571-LDGT
Garden Court, Harry Weston Road, Binley Business Park, Binley
Coventry
CV3 2SU
United Kingdom
Email: group.tenders@orbit.org.uk
Website: https://www.orbit.org.uk
Region: UKG33 - Coventry
Organisation type: Public authority - sub-central government