Barrow Borough Council - Insurance
Barrow-in-Furness Borough Council · North West
Key facts
- Closing date
- 08 Jul 2019
- Contract starts
- 30 Sep 2019
- Contract ends
- 01 Oct 2026
- Procedure
- Open procedure
- Buyer type
- Local government
Description
Barrow-in-Furness Borough Council is looking to contract with a supplier(s) to provide Insurance Services excluding Broker services. Negotiated Tender split into 3 separate lots:
Lot 1. Property - Material Damage, Business Interruption, Contract Works, Money, Computers and Specified all Risks.
Lot 2. Liability - EL, PL, OI (including land charges and public health), Fidelity Guarantee, and Motor Fleet.
Lot 3. Personal Accident/Travel.
Suppliers can bid for multiple lots, as the Tender information will show. We are keeping this in a single ITT workflow rather than breaking it up into separate lots, if you can make clear in the tender documents the Lot(s) you are tendering for. The tender is for a 7 year contract with no option to extend.
Insurers will be authorised to write the classes of insurance listed within the EU Member States subject to English/Welsh Law and jurisdiction of the English/Welsh courts. Potential suppliers may be asked to produce a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance the insurer is authorised to provide and must comply with Departments of Trade and Industry Regulations. Potential 5/6 suppliers may be asked to produce a copy of their annual reports and accounts for the last 3 years, name and address of bankers, details of last 3 years underwriting experience for the classes of business referred to in this notice.
All insurers must provide evidence that they are at least "A-" rated by Standard and Poor's (or equivalent) and/or approved by JLT Market Security Committee, otherwise their submission will be automatically rejected.
Details of membership of any professional body or association and education/Professional qualifications/ experience of all staff providing the services, and evidence of risk management capabilities. Please see the invitation to tender (ITT) for more details.
Categories (CPV)
- 66510000 Insurance services
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