Tender: Insurance Brokerage and Non‑Life Insurance Services for Papworth Trust
Released about 1 month ago
About
Papworth Trust is seeking a single supplier to provide insurance brokerage and related services for property, legal liability and other general (non-life) insurable risks. The programme covers risks that may include, but are not limited to, property damage and business interruption; employers', public, products and property owners' liability; business combined/office; money; all risks; computer; contract works; group personal accident; and employment practices liability, with the final list decided at Papworth Trust's sole discretion. The successful supplier must demonstrate the financial ability to deliver broking and related services and the capacity to place business with insurers rated at least A- by Standard & Poor's, A- by AM Best, or an equivalent independent rating subject to approval by the bidder’s market security committee. Suppliers will be assessed on their ability to provide a choice of suitable insurers and cover options, maintain a skilled service team covering client relationship management, claims management, broking/underwriting and insurance risk management, and deliver quality service to the Trust and its customers, including work delivered by any third-party contractors or proposed insurers.
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Likely value £250K to £2.5MAgency spend history
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