Awarded contract

Insurance Brokerage Service 2023

Details

Supplier(s)
WILLIS LIMITED
Value
£130,000
Duration
5 years
Topic
Insurance services
Published
25 October 2023

Tender description

The requirement is for a full insurance brokerage service that will assist the Bank in obtaining 'best value' insurance services / policies with appropriate cover to protect the Bank's interests. The broker is also required to assist the Bank in a consolidated insurance package tender in 2024.

Timeline

  1. Completed: Award date1 July 2023
  2. Completed: Award published25 October 2023
    Current notice
  3. Next: Contract expiry date30 June 2028in 2 years

About the buyer

The Bank of England is the UK's central bank, and it buys as a Sub-Central Contracting Authority under the Procurement Act 2023. The Bank's Commercial Division runs the tendering process and scores bids against published selection criteria. An evaluation panel made up of Bank officers then assesses full tender submissions against the stated award criteria.

Over the past 5 years, most of Bank of England's contract awards have been in IT services, software and information systems and business services.

AI insights

  • Is there a preferred supplier?
  • What are the buyers pain points?
  • What has the buyer previously procured?
  • What are the key requirements?

This one's been awarded. Find the next before it's published.

Get a free pre-tender lead
Save this contract

Decision makers

Connect with the people behind this procurement.

Contact nameJob titlePhone numberWork email
Head of Procurement+44 •••• ••••••
Commercial Director+44 •••• ••••••
Procurement Manager+44 •••• ••••••
Category Lead+44 •••• ••••••
Senior Buyer+44 •••• ••••••
Contracts Manager+44 •••• ••••••

14 similar open tenders

See more open tenders related to Insurance services.

Explore all open tenders

Related buyers

Buyers similar to Bank of England.

View all buyers

Finding public sector work shouldn't be hard

Make your next tender search effortless with Stotles. Set up alerts, find decision maker contacts and never miss a good-fit opportunity again.