Procurement of General Insurance (excluding Broker and Administration Services)

Description

General Insurance Lot 1: Cyber Insurance - GBP 5m Cyber Insurance including First Party, Third Party and Event Management. It is NI Water's intention to award contract(s) for Cyber Insurance with total coverage of £10m across Lots 1 & 2. This may be in the form of a single policy of £10m or a primary policy and one or more excess layers. Should the exact level of coverage required not be available from the initial submissions NI Water may request Economic Operators to refine their submissions or may award contracts for a different total coverage. Lot 2: Cyber Insurance GBP 5m / GBP 5m Cyber Insurance including First Party and Third Party Claims. It is NI Water's intention to award contract(s) for Cyber Insurance with total coverage of £10m across Lots 1 & 2. This may be in the form of a single policy of £10m or a primary policy and one or more excess layers. Should the exact level of coverage required not be available from the initial submissions NI Water may request Economic Operators to refine their submissions or may award contracts for a different total coverage. Lot 3: Directors & Officers (inc EPL in respect of NI Water Apha) Insurance for wrongful act by Director or Officer and EPL for NI Water Alpha Employees. Lot 4: Professional Indemnity Professional Liability in respect of services provided Lot 5: Pension Trustees Liability Insurance for wrongful act as a Pension Trustee Lot 6: Parametrics for High Temperature Weather related Insurance for High Temperature. Award of this Lot is subject to the outcome of Lot 8. If it is determined by NI Water that Lot 8 satisfies it's requirements it may not progress with the award of this Lot. Lot 7: Parametrics Lack of Rainfall Weather related Insurance for Lack of Rainfall. Award of this Lot is subject to the outcome of Lot 8. If it is determined by NI Water that Lot 8 satisfies it's requirements it may not progress with the award of this Lot. Lot 8: Parametrics - Increased Water Production Increased Water Production Parametrics Insurance Lot 9: Crime - NI Water Alpha only Insurance for Loss sustained as a direct result of Crime. Cover in respect of NI Water Alpha only Lot 10: Property Damage & Business Interruption: LTA to 2025 Material Damage & Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached or should increased capacity be required if insurance values increase beyond capacity of existing Insurers. Lot 11: Material Damage / Business Interruption (NI Water Alpha): LTA to 2025 Material Damage and Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached or should increased capacity be required if insurance values increase beyond capacity of existing Insurers. Lot 12: Public Liability - GBP 25m: LTA to 2025 Liability to Third Parties. This is a precautionary notice should the current Long Term Agreement be breached. Lot 13: Excess PL GBP 35m / GBP 25m: LTA to 2025 Liability to Third Parties. This is a precautionary notice should the current Long Term Agreement be breached. Lot 14: Excess PL - GBP 40m / GBP 60m: LTA to 2025 Liability to Third Parties. This is a precautionary notice should the current Long Term Agreement be breached. Lot 15: Employers Liability - GBP 25m: LTA to 2025 Liability for Injury to Employees. This is a precautionary notice should the current Long Term Agreement be breached. Lot 16: Excess EL - GBP 25m / GBP 25m : LTA to 2025 Liability for Injury to Employees. This is a precautionary notice should the current Long Term Agreement be breached. Lot 17: Solar Farm : LTA to 2025 Loss or or Damage to Solar Farm inc Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached. Lot 18: Motor Fleet: LTA to 2025 Comprehensive and Third Party only Motor Insurance. This is a precautionary notice should the current Long Term Agreement be breached. Lot 19: Environmental Impairment Liability: LTA to 2025 Gradual Pollution Cover. This is a precautionary notice should the current Long Term Agreement be breached. Lot 20: Computers - NI Water : LTA to 2026 Accidental Damage, Business Interruption and Recompilation of Data. This is a precautionary notice should the current Long Term Agreement be breached. Lot 21: Computer- Dalriada Water Ltd & NI Water Alpha Ltd: LTA to 2026 Accidental Damage, Business Interruption and Recompilation of Data. This is a precautionary notice should the current Long Term Agreement be breached. Lot 22: Terrorism: LTA to 2025 Property Damage & Business Interruption. This is a precautionary notice should the current Long Term Agreement be breached. Lot 23: Travel and Personal Accident: LTA to 2026 Insurance in respect of Travel and Personal Accident for Dalriada Water Ltd and NI Water Alpha Employees only. This is a precautionary notice should the current Long Term Agreement be breached. Lot 24: Parametrics Freeze Thaw: LTA to 2025 Weather related Insurance for Freeze Thaw. This is a precautionary notice should the current Long Term Agreement be breached.