Insurance Services (excluding Brokers) - AWARD

Tender description

Awarded The University of Sunderland and its subsidiaries are seeking value for money insurance services from August 2023 from FSA authorised insurance companies or discretionary mutuals. Policy cover is being sought for the following lots :- Lot 1 - Property damage including: Materials, Business Interruption, Works in Progress and Money Lot 2 - Combined liability, including : Employers Liability, Public & Product Liability, Hirers Liability, Libel & Slander Lot 3 - Professional Negligence including Libel & Slander Lot 4 - Motor Fleet Lot 5 - Crime Lot 6 - Engineering Inspection Lot 7 - Management Liability Lot 8 - Computer Lot 9 - Personal Accident & Travel The 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. To register your interest please visit https://in-tendhost.co.uk/universityofsunderland/aspx/Home Suppliers who make an Expression of Interest will be asked to complete a confidentiality agreement prior to the tender documents being released.