Investment Manager Appointment and Onboarding

FLOOD RE LIMITEDcontractFind a TenderRef ocds-h6vhtk-05dd8cProcurement Act 2023SME suitableactive
View buyer

Estimated value

Awarded value

£2.6m

Awarded 18 Mar 2026

Suppliers

1

Lots

1

1 awarded

Published

23 Jun 2026

Description

Flood Re appointed a reputable asset manager for its £1bn of assets. Looking for a partnership relationship with an asset management institution with strong brand and insurance asset management capabilities to assist in managing our investments in line with our investment risk appetite.

Scope

Reference
ocds-h6vhtk-05dd8c
Commercial tool
Standalone contract
Contract dates
31 Mar 2026 to 01 Apr 2036
Possible extension to 01 Apr 2039

10 years minimum contract with the option to extend for an additional 36 months subject to approval.

CPV classifications
66700000
Contract locations
UK, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Capabilityquality50.00%
Culturequality20.00%
Priceprice20.00%
Supportquality10.00%

Submission & procedure

Procedure
Open procedure

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£2.6m

Award date

18 Mar 2026

Contract start

02 Jul 2026

Contract end

02 Jul 2031

Awarded to
AG