Awarded contract

Insurance Broker Services 2025 - 2030

Details

Value
£30,000
Duration
5 years
Topic
Insurance brokerage services
Published
14 August 2025

Tender description

To enable the provision of insurance related services including risk assessments, policy evaluation, claims processing, reporting as well as placement of relevant insurance policies (The Services) Nottingham University Hospitals NHS Trust (The Trust) has awarded a contract for provision of Insurance Broker Services (The Services). The Services are required to support the procurement of insurance policy products, processing insurance claims, regular reporting on insurance coverage, claims status, and risk management activities. The insurance policies that will be procured via the Supplier include: - Employee Personal Accident - Combined Liability - Pharmaceutical Public & Products Liability - Engineering Inspection - 360 Corporate Motor Fleet - Engineering Electronic Equipment insurance The scope of the Services may also include supporting the Trust's risk management framework, advising on legal/insurance changes, and providing ongoing technical support. The term of the contract is 2 years with the option to extend for a further 3 years. This extension shall take the form of three 12 month incremental periods. The contract has been procured via direct award under the ESPO 1160_23 Insurance Brokerage Framework: https://www.espo.org/insurance-brokerage-insurance-placement-1160-23.html

Timeline

  1. Completed: Award published14 August 2025
    Current notice
  2. Completed: Award date1 October 2025
  3. Next: Contract expiry date30 September 2030in 4 years

About the buyer

Nottingham University Hospitals NHS Trust runs acute and specialist hospital care across Nottingham, and buys as a Healthcare provider with supplier invoices processed through NHS SBS. Five sites, including Queen's Medical Centre and Nottingham City Hospital, deliver the East Midlands Major Trauma Centre. Around 20,000 staff support patient care across Nottingham and Nottinghamshire. Suppliers are paid under a no purchase order, no pay policy. The trust partners with Medilink East Midlands on the INSTILS programme to engage medtech suppliers.

UK health spending has nearly quadrupled to £241.8bn in 2024/25, £20bn up on the year before. £140.6bn of that went to procurement, the biggest sector of UK public spending and the fastest-growing.

Over the past 5 years, most of Nottingham University Hospitals NHS Trust's contract awards have been in IT services, medical equipment and pharmaceuticals and software and information systems.

Relevant CPV codes

  • 66518100 · Insurance brokerage services

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