Awarded contract

Provision of Group Life Assurance Policy for University of Strathclyde

Details

Supplier(s)
Unum Ltd
Value
£72,663.89
Topic
Life insurance services
Published
6 August 2025

Tender description

The University seek to provide a group life insurance policy to provide coverage for a group of employees. Bidders must be able to demonstrate that they are a well established insurance provider who can provide a Group Life Assurance Policy within the UK. The insurance provider must also be able to accept payment of the premium direct from University of Stratchlyde. The University are being advised on this process and have the support of a broker for this process (Gallagher Consulting (Healthcare) Ltd. Lot 1: As part of the University’s employee benefits package, The University seek to provide a group life insurance policy to provide coverage for a group of 352 employees. The insurance is intended to support the organisation’s commitment to employee welfare and ensure a financial safety net for their families. The policy must offer a benefit equivalent to three (3) times the employee’s annual salary. The successful bidder should provide an easy-to-navigate claims process with clear instructions for beneficiaries. Bidders must be able to demonstrate that they are a well established insurance provider who can provide a Group Life Assurance Policy within the UK. The insurance provider must also be able to accept payment of the premium direct from University of Stratchlyde.

Timeline

  1. Completed: Award date1 June 2025
  2. Completed: Award published6 August 2025
    Current notice

About the buyer

University of Strathclyde is a higher education provider in Glasgow, and buys through its own Procurement Services Team. Tender notices are advertised through the Public Contracts Scotland portal. Larger contracts also appear on Find a Tender once they pass the set threshold. Schools, faculties and departments place their own routine orders under central Finance Regulations and procurement procedures. Framework agreements through Advanced Procurement for Universities & Colleges, the Scottish Government and the Government Procurement Service cover much of its spend. Suppliers need a university purchase order before supplying goods or services, and cannot win business through direct marketing.

Education procurement reached £47.4bn in 2024/25, the fourth-largest public sector budget.

Over the past 5 years, most of University of Strathclyde's contract awards have been in business services, IT services and education and training.

Relevant CPV codes

  • 66511000 · Life insurance 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?
Sign-up to enrich

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 •••• ••••••

2 similar open tenders

See more open tenders related to Provision of Group Life Assurance Policy for University of Strathclyde.

Explore all open tenders

Related buyers

Buyers similar to University of Strathclyde.

View all buyers

Win more public sector contracts

Track every UK and Ireland tender in one place — set up alerts, find decision-makers, and never miss an opportunity.