Insurance Broker Services

MAG AIRPORT LIMITEDcontractFind a TenderRef ocds-h6vhtk-06823cProcurement Act 2023Utilities regimeactive
View buyer

Estimated value

£3.0m

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

14 Apr 2026

Description

Manchester Airports Group (MAG) is seeking a long-term Insurance Broker Partner. MAG operates within a complex commercial and regulatory environment while maintaining a diverse, evolving risk profile. Effective insurance arrangements are essential to supporting operational continuity, financial resilience, and MAGs wider strategic objectives. Key policies taken out by MAG annually include: • Property Damage and Business Interruption • Airport Owners and Operators Liability • Cyber • Motor • Employers Liability • Directors and Officers Liability • Engineering Inspection and Insurance • A portfolio of insurance for the CAVU business Insurance brokers play a critical role in advising on risk transfer strategy, insurance programme design, placement of cover, insurer engagement, and claims management. Given the specialist nature of these services and the importance of robust governance and market expertise, MAG requires access to suitably experienced, financially stable, and professionally accredited insurance brokers. MAGs current insurance brokerage arrangements are approaching expiry. In addition, ongoing changes within the insurance market, including pricing volatility, insurer capacity constraints, and increased regulatory and governance expectations, necessitate a formal competitive procurement process.

Scope

Reference
ID7390
Total value
£3,000,000 excluding VAT
£3,600,000 including VAT
Above the relevant threshold
Commercial tool
Standalone contract
Contract dates
01 Nov 2026 to 31 Oct 2031
Possible extension to 31 Oct 2035

This contract will last for an initial period of 5 years with the option to extend for +2 years, +2 years, taking it through to 9 years in total. MAG have estimated the contract value at £3Million, however MAG expect the commercial proposals to be lower.

Main category
services
CPV classifications
66518000

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
TechnicalMore information about the tender will be described in the relevant documents provided by the MAG Procurement team.quality
CommercialMore information about the tender will be described in the relevant documents provided by the MAG Procurement team.cost
ESGMore information about the tender will be described in the relevant documents provided by the MAG Procurement team.quality

Participation

Conditions suppliers must meet to bid.

Further information will be available in the tender documentation

Submission & procedure

Submission address
If you are interested in this opportunity and wish to view the PQQ documents, please follow the instructions below: A) If you have worked with MAG before and are already registered on the SAP Ariba Network: Please confirm your interest by emailing hannah.durman@magairports.com and include the following SAP Ariba details: - Organisation Name: - Your Name: - Email Address: You will receive an email with a link to access the sourcing event in SAP Ariba and view all relevant tender documents. B) If you haven't worked with MAG before: First, register your company details on the MAG Portal via the following link and select "Register your interest": https://www.magairports.com/work-with-us/procurement-and-contracts/ Within Section 7.2 of the registration form, confirm name of contact at MAG as Hannah Durman. After registering, email hannah.durman@magairports.com You will then receive an email with a link to access the sourcing event in SAP Ariba. (If you do not already have a SAP Ariba Account, please follow the link in the email to create one) and view all relevant tender documents. Once you have registered, please email hannah.durman@magairports.com and advise that you have registered on the Portal. You will then be given access to the project documents via SAP Ariba. Details on how to provide a response to MAG are detailed in the documentation. Bidders must submit their Pre-Qualification Questionnaires via the SAP Ariba Portal.
Electronic submission
Yes
Procedure
Competitive flexible procedure