Awarded contract

Corporate Insurance Broker

Details

Supplier(s)
Marsh Ltd
Value
£453,191
Duration
3 years
Topic
Insurance brokerage and agency services
Published
8 April 2024

Tender description

Pool Re is appointing a broker for the provision of Insurance Brokerage services. The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re's insurance policies with insurance providers. Pool Re requires cover to be placed across a range of insurance policies to include: Professional Indemnity Directors and Officers' Insurance Crime Cyber Commercial Combined

Timeline

  1. Completed: Award date13 February 2024
  2. Completed: Award published8 April 2024
    Current notice
  3. Next: Contract expiry date29 April 2027in 6 months

About the buyer

Pool Reinsurance Company Limited is a public-private terrorism reinsurer for commercial property in Great Britain, backed by an HM Treasury loan facility. Pool Re is subject to the Procurement Act 2023 and buys as a public sector body.

Over the past 5 years, most of Pool Reinsurance Company Limited's contract awards have been in business services, IT services and software and information systems.

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Decision makers

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