Award of Leasehold and Ancillary Buildings Insurance Contract to Protector Insurance by London Borough of Southwark
London Borough of Southwark · Awarded contract
AwardedAward of Leasehold and Ancillary Buildings Insurance Contract to Protector Insurance by London Borough of Southwark
Awarded 01 Apr 2023
Awarded01 Apr 2023
Value£48,900,000.00
SupplierProtector Insurance
RegionLondon
CategoryFinance & Insurance
Expires in 1y 5mo5y term, 72% elapsed
Awarded 1 Apr 2023Expires 31 Mar 2028
About
London Borough of Southwark awarded a contract to Protector Insurance for leasehold and ancillary buildings insurance.
The procurement, conducted under the PCR 2015 regime, followed a failed procurement process, after which a broker was engaged to negotiate with the insurance market.
The contract value is £48,900,000.
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Other similar contracts12
Contract and supplierAwarded value
Leasehold Property Insurance Contract Awarded to Protector by London Borough of EnfieldFinance & InsuranceProtector
$1,993,932
Provision of Leaseholders Buildings Insurance to London Borough of HounslowFinance & InsuranceProtector Insurance
$8,500,000
Award of Right to Buy Leasehold Buildings Insurance for London Borough of SuttonFinance & InsuranceProtector Insurance
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Provision of Leasehold Buildings Insurance for Enfield CouncilFinance & InsuranceProtector Insurance
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Award of Leasehold Buildings Insurance to Protector Insurance by Leicester City CouncilFinance & InsuranceProtector Insurance
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Provision of Leasehold Buildings Insurance for London Borough of HaveringFinance & InsurancePROTECTOR INSURANCE
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Property Insurance Services for Leasehold Dwellings by London Borough of HackneyFinance & InsuranceProtector Insurance
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Award of Leasehold Property Insurance Contract to Protector InsuranceFinance & InsurancePROTECTOR INSURANCE
$1,090,006
Insurance Coverage for Leasehold Right to Buy Residential BuildingsFinance & InsuranceProtector Insurance
$12,434,856.5
Leasehold Buildings Insurance for Leicester City CouncilFinance & InsuranceProtector Insurance
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Provision of Leasehold and Ancillary Properties Building Insurance by Zurich Municipal to London Borough of SouthwarkFinance & InsuranceZurich Municipal
$21,000,000
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Award of Leasehold and Ancillary Buildings Insurance Contract to Protector Insurance by London Borough of Southwark
Won by Protector Insurance · London Borough of Southwark
£48.9Mawarded
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Property Insurance for 8,500 Leasehold, Right-to-Buy, Shared Ownership and Mortgaged Residential Properties – London Borough of Hackney (Excluding Broker Services)Finance & Insurance · Closes 20 Nov 2026
Leaseholder Building Insurance for Council Freehold Residential Properties – Reading Borough CouncilFinance & Insurance · Closes 25 Nov 2026
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Requirements from the documentsWho can bid, mandatory criteria, how it is scored, insurance and key dates, each with its source.
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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
Most likely bidderFacilities firm
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