Brokerage, Provision and Management of Insurance Requirements for the General Lighthouse Authorities (GLA's)
Estimated value
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Awarded value
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Suppliers
1
Lots
1
Published
20 Feb 2025
Description
The Corporation of Trinity House on behalf of itself and the other General Lighthouse Authorities (GLAs) of the United Kingdom and The Republic of Ireland invites potential tenderers to submit a proposal for the brokerage, provision and management of insurance requirements for the GLAs between 2025 - 2028, with possible extensions to 2030. This will require the successful tenderer to place, and thereafter manage, the GLAs’ protection and indemnity and war risk insurance requirements, as described in the General Lighthouse Authorities' Register of Major Insurances and Trinity House Non-Marine Insurances from 20th February 2025 and the other insurances as described in the register from 1st April 2025. The General Lighthouse Authorities' Register of Major Insurances and Trinity House Non-Marine Insurances will be included as an annex to the Invitation to Tender. It is anticipated that the tender will result in a fixed price brokerage contract for three years, with an option to extend the contract for a further period of 12 months and a subsequent 12 months thereafter, at the GLAs’ sole discretion.
Scope
- Reference
- T0541
- Commercial tool
- Standalone contract
- Contract dates
- 20 Feb 2025 to 31 Mar 2030
3 + 1 + 1
- Main category
- services
- Contract locations
- UKIE
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Demonstrate your organisation’s understanding of the GLA’s requirements.... | 12 | quality | — |
| Provide a timed plan that explains how your organisation will manage the annual renewal process.... | 8 | quality | — |
| Post Renewal: Detail how you will ensure the optimal communication of key policy information to the client..... | 5 | quality | — |
| Provide evidence that the underwriting market you are able to access can provide the General Liability policy wording set out .... or provide alternative wording. | 10 | quality | — |
| Demonstrate your organisation’s approach to providing proactive advice to the GLAs | 8 | quality | — |
| Demonstrate your organisation’s approach to providing proactive advice to the GLAs as required across the term of the contract on loss prevention | 7 | quality | — |
| Detail your organisation’s approach for handling customer claims. Describe the Key Performance Indicators / Service Level Agreements you would put in place to manage any claims on a timely basis | 10 | quality | — |
| Suitability of demonstratable understanding of the wider maritime insurance market | 10 | quality | — |
| Social value | 10 | quality | — |
| 3-year fixed broker fee and Hourly/day rates for ad hoc advice if applicable and not included within broker fee | 20 | cost | — |
Submission & procedure
- Procedure
- Open procedure
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
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Award date
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Contract start
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Contract end
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