Insurance Brokerage Services Contract

Tender description

The Council requires an insurance broker to place cover with insurers, as most public sector providers do not accept direct placements from clients. The broker will need to bring specialist expertise in insurance and risk financing, helping to design tailored insurance programmes and identify appropriate cover-particularly for ad hoc or complex requirements. This will ensure the Council is adequately protected while maintaining flexibility. The broker will also helps analyse claims data to determine the right balance between self-insurance and external cover, supporting cost-effective risk management, and during tendering, they will work closely with the Council to prepare market submissions, including arranging pre-tender engagement days with insurers.