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Awarded contract

Financial Lines Insurance Services

Details

Buyer
London Universities Purchasing Consortium
Supplier(s)
Risk Management Partners Ltd, Zurich Municipal, ARTHUR J. GALLAGHER (UK) LIMITED
Duration
3 years
Topic
Insurance services
Published
3 July 2025
Source
uk:find_a_tender

Tender 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. ## Contract award Lots: - Lot LOT-0001: Management Liability - Lot LOT-0003: Professional Indemnity ## Contract award Lots: - Lot LOT-0003: Professional Indemnity ## Contract award Lots: - Lot LOT-0002: Crime

Timeline

  1. Award published3 July 2025
    Current notice
  2. Award date3 July 2025
  3. Contract expiry date31 July 2028in 2 years

About the buyer

London Universities Purchasing Consortium is a university purchasing consortium that buys for its members through framework agreements. Members can use over 100 frameworks, grouped into 11 categories. Frameworks are normally re-tendered about every four years, with no mid-term entry for new suppliers. Approved supplier status comes only from winning a contract in a full tender.

Over the past 5 years, most of London Universities Purchasing Consortium's contract awards have been in waste, cleaning and environmental services, architectural and engineering services and business services.

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Decision makers

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