Award of Insurance Tender 2024-2029 to Zurich, Lloyd's Market via Marsh, and Aon UK
capitalEsourcing · Awarded contract
AwardedAward of Insurance Tender 2024-2029 to Zurich, Lloyd's Market via Marsh, and Aon UK
Awarded 31 Mar 2024
Expires in 2y 5mo5y term, 52% elapsed
Awarded 31 Mar 2024Expires 1 Apr 2029
About
capitalEsourcing awarded a contract to Zurich Insurance Company PLC (UK Branch) trading as Zurich Municipal, Lloyd's Market via Marsh Limited, and Aon UK Limited Trading as Maven Public Sector for insurance coverage across multiple lots under Insurance Tender 2024-2029.
The contract, valued at £4,251,778.08, covers Combined Liability, Terrorism, Director & Officers Liability, Crime, PA and Travel, School Journey, Motor Fleet, and Engineering Inspection.
The award was based on the most economically advantageous tender, evaluated on technical specification including policy coverage and claims handling requirements, using the Competitive Procedure with Negotiation (CPN).
The contract is established for an initial five-year term, with premiums subject to annual index linking to reflect inflation and ensure the Council's assets are adequately insured.
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Award of Insurance Tender 2024-2029 to Zurich, Lloyd's Market via Marsh, and Aon UK
Won by Zurich Insurance Company PLC (UK Branch) trading as Zurich Munic,Lloyd's Market via Marsh Limited Co. Reg. 01507274,Aon UK Limited Trading as Maven Public Sector 210725 · capitalEsourcing
£4.3Mawarded
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Liability Insurance Contract 2027-32 for London Boroughs of Sutton, Kingston upon Thames and MertonFinance & Insurance · Closes 27 Nov 2026
Corporate Insurance Cover for Local Space Limited – Property Stock & Combined Liability (starting 9 February 2027)Finance & Insurance · Closes 13 Nov 2026
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
How it is scoredPrice 40%, experience 35%, method 25%
Insurance£20M public liability
Key datesSite visit 14 Oct, closes 28 Oct
Est. value£1.2M – £1.8M
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