Provision of Leasehold and Ancillary Properties Building Insurance by Zurich Municipal to London Borough of Southwark
London Borough of Southwark · Awarded contract
AwardedProvision of Leasehold and Ancillary Properties Building Insurance by Zurich Municipal to London Borough of Southwark
Awarded 31 Mar 2018
Awarded31 Mar 2018
Value£21,000,000.00
SupplierZurich Municipal
RegionLondon
CategoryFinance & Insurance
Ended 5y 7mo ago3y term
Awarded 31 Mar 2018Expired 31 Mar 2021
About
London Borough of Southwark awarded a contract to Zurich Municipal for leasehold and ancillary properties building insurance.
The contract covers flats and maisonettes sold by the council under long lease terms, comprising three separate policies: the main policy for flats sold under the Right to Buy scheme or other disposals such as auction sales and social home buy; a policy to insure under-leased blocks on a comprehensive basis (currently three); and a smaller policy for mortgaged housing properties (currently one property) where the council still provides a mortgage.
The contract value is £21,000,000.
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Provision of Leasehold and Ancillary Properties Building Insurance by Zurich Municipal to London Borough of Southwark
Won by Zurich Municipal · London Borough of Southwark
£21.0Mawarded
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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 Buildings Insurance for Right to Buy and Shared Ownership Properties – Reading Borough CouncilFinance & Insurance · Closes 25 Nov 2026
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
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Insurance£20M public liability
Key datesSite visit 14 Oct, closes 28 Oct
Est. value£1.2M – £1.8M
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