Brokerage, Provision and Management of Insurance Requirements for the General Lighthouse Authorities (GLA's)

Northern Lighthouse BoardcontractFind a TenderRef ocds-h6vhtk-04acd532014L0024active
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Estimated value

services

Awarded value

Suppliers

1

Lots

1

1 awarded

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
UK
IE

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Demonstrate your organisation’s understanding of the GLA’s requirements....12quality
Provide a timed plan that explains how your organisation will manage the annual renewal process....8quality
Post Renewal: Detail how you will ensure the optimal communication of key policy information to the client.....5quality
Provide evidence that the underwriting market you are able to access can provide the General Liability policy wording set out .... or provide alternative wording.10quality
Demonstrate your organisation’s approach to providing proactive advice to the GLAs8quality
Demonstrate your organisation’s approach to providing proactive advice to the GLAs as required across the term of the contract on loss prevention7quality
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 basis10quality
Suitability of demonstratable understanding of the wider maritime insurance market10quality
Social value10quality
3-year fixed broker fee and Hourly/day rates for ad hoc advice if applicable and not included within broker fee20cost

Submission & procedure

Procedure
Open procedure

Award details

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

Awarded value

Award date

Contract start

Contract end

Awarded to