Insurance Brokerage Services for the Bank of England
BANK OF ENGLAND · Awarded contract
AwardedInsurance Brokerage Services for the Bank of England
Awarded 30 Jun 2023
Awarded30 Jun 2023
Value£130,000.00
SupplierWillis Limited
AgencyBANK OF ENGLAND
RegionUnited Kingdom
CategoryFinance & Insurance
Expires in 1y 8mo5y term, 67% elapsed
Awarded 30 June 2023Expires 29 June 2028
About
The Bank of England awarded a contract to Willis Limited for full insurance brokerage services to assist the Bank in obtaining best value insurance services and policies with appropriate cover to protect the Bank's interests.
The broker is also required to assist the Bank in a consolidated insurance package tender in 2024.
The contract value is £130,000.
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Insurance Brokerage Services for the Bank of England
Won by Willis Limited · BANK OF ENGLAND
£130Kawarded
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Insurance Brokerage for Group Life Assurance and Group Income Protection – National Wealth FundFinance & Insurance · Closes 12 Nov 2026
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
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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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