Provision of Insurance and Related Services to Home Group

Home GroupcontractFind a TenderRef ocds-h6vhtk-058487Procurement Act 2023SME suitablepending
View buyer

Estimated value

Awarded value

£6.0m

Awarded 04 Mar 2026

Suppliers

3

Lots

6

3 awarded

Published

05 Mar 2026

Description

Home Group are looking to appoint one or more providers to deliver their Insurance and related services for Property, legal liability and other general (non-life) insurable risks. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident and employment practices liability. This list is to be decided at the sole discretion of Home Group. Suppliers will be required to have the financial ability to deliver the programme, including Insurers with a minimum rating of ‘BBB’ from standard and poor, 'B++' from AM Best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In the case of any rating less than A-, the contracting authority will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the ITT bid deadline of the bidder’s market security committee’s latest report, including written recommendation from the bidder’s market security committee. Suppliers will be assessed but not limited to the following high level criterion: - The ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options - A skilled and competent service team, being Client Relationship Management, Insurance Claims management, Insurance Broking / underwriting and insurable risk managers - The delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose

Scope

Reference
ocds-h6vhtk-058487
Commercial tool
Standalone contract
Contract dates
31 Mar 2026 to 31 Mar 2029
Possible extension to 31 Mar 2031

Home Group will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

CPV classifications
66510000
66516000
66516500
66517300
66518300
Contract locations
UK, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Pricecost40.00%
Qualityquality50.00%
Remediationcost10.00%
Qualityquality60.00%

Submission & procedure

Procedure
Competitive flexible procedure

Award details· 3 awards

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

Awarded value

£5.5m

Award date

04 Mar 2026

Contract start

31 Mar 2026

Contract end

31 Mar 2029

Lots · 6 total

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

View all →
LotTitleEst. valueStatus
1Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Home Group£7.3mcomplete
2Insurance and related services associated with Motor Fleet for Home Group£500kcomplete
4Insurance and related services associated with Terrorism and/or Political Violence (Non Pool-Re) for Home Groupcomplete
5Insurance and related services associated with Directors’ and Officers’ Liability for Home Group£70kcomplete
6insurance and related services associated with Fidelity/Crime as required by Home Group£30kcomplete