Insurance Policies

London Borough of SouthwarkcontractFind a TenderRef ocds-h6vhtk-050335Procurement Act 2023pending
View buyer

Estimated value

Awarded value

£13.7m

Awarded 11 Sept 2025

Suppliers

8

5 SME

Lots

8

8 awarded

Published

01 Oct 2025

Description

Southwark Council is publishing award notices for the provision of insurances coverage and associated services various insurance policies. The contracts are to last a maximum of 5 years. Southwark Council's contracts are for the provision of insurance covering the principal classes of Property, Casualty and Motor and some small, ancillary covers such as personal accident and school travel. The insurance policies scope was divided in the following lots: Lot 1 Material Damage and associated covers: - Material Damage - Business Interruption - Money - Specified All Risks - Works in Progress "All Risks" Lot 2 Property Owners and associated covers Lot 3 Combined Liability: - Employer's Liability - Public/Products Liability - Officials Indemnity - Professional Indemnity Lot 4 Crime: Lot 5 Accident: Personal Accident / Business Travel Lot 6 School: School Journey Offsite Activities Lot 7 Computer: Computer Lot 8 Motor: Motor Fleet

Scope

Reference
DN771622
Commercial tool
Standalone contract
Contract dates
30 Sept 2025 to 01 Oct 2028
Possible extension to 01 Oct 2030

The Insurance cover in all Lots is for an initial period of three (3) years with the option to extend for any period or periods up to a maximum of two (2) further years.

CPV classifications
66500000
66515200
66516000
66510000
66512000
66514110
Contract locations
Lewisham and Southwark, United Kingdom

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Cost assessmentCost assessment Actual price 35% Financial Certainty 5%cost40.00%
Quality assessmentQuality assessment The 60% Quality weighting for each Lot has been broken down as follows: Insurance All Lots Sub Criteria Cover 30% Service Delivery 10% Claims Handling 15% Social Value 5%quality60.00%

Submission & procedure

Procedure
Open procedure

Award details· 8 awards

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

Awarded value

£7.6m

Award date

11 Sept 2025

Contract start

09 Oct 2025

Contract end

30 Sept 2028

Lots · 8 total

Divisions of the contract. Each lot can be awarded separately.

View all →
LotTitleEst. valueStatus
1Material Damage and associated coverscomplete
2Property Owners and associated coverscomplete
3Combined Liabilitycomplete
4Crimecomplete
5Accidentcomplete