Insurance Services (excluding Brokers)

Tender description

AwardedThe University of Sunderland and its subsidiaries are seeking value for money insurance services from August 2023 from FCA authorised insurance companies or discretionary mutuals. Policy cover is being sought for the following insurancesProperty damage Combined liabilityProfessional Negligence Motor FleetCrimeEngineering InspectionManagement LiabilityComputerPersonal Accident and TravelThe cover is expected to commence August 2023 to July 2026 (with up to 2 x 1 year extensions taking it to a possible July 2028). The overall contract value is estimated at GBP £1,500,000 to £2,000,000 over 5 years' note there are no guarantees on spend levels. We also reserve the right to spend an additional 75% of the original anticipated value, subject to changes to requirements across the University for the duration of the award.Suppliers who make an Expression of Interest will be asked to complete a confidentiality agreement prior to the tender documents being released Lot 1: Property Damage including Material Damage, Business Interruption, Works in Progress, Money Property Damage including Material Damage, Business Interruption, Works in Progress, Money Lot 2: Combined Liability including Employment, Public and Products, Hirers, and Libel and Slander Combined Liability including: Employment Liability. Public and Product Liability, Hirers Liability and Libel and Slander Lot 3: Professional Negligence including Libel & Slander Professional Negligence including Libel and Slander Lot 4: Motor Fleet Motor Fleet Lot 5: Crime Crime Lot 6: Engineering Inspection Engineering Inspection Lot 7: Management Liability Management Liability Lot 8: Computer Insurance Computer insurance Lot 9: Personal Accident and Travel Personal Accident and Travel