Awarded contract

Insurance Broker Services (P25-0059)

Details

Supplier(s)
Marsh Ltd
Value
GBP 1
Topic
Financial and insurance services
Published
17 September 2025

Tender description

Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees. Lot 1: Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees.. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Timeline

  1. Completed: Award date16 September 2025
  2. Completed: Award published17 September 2025
    Current notice

About the buyer

Scottish Enterprise is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66000000 · Financial and insurance services
  • 66500000 · Insurance and pension services
  • 66510000 · Insurance services
  • 66512100 · Accident insurance services
  • 66513100 · Legal expenses insurance services
  • 66514000 · Freight insurance and Insurance services relating to transport
  • 66514110 · Motor vehicle insurance services
  • 66515000 · Damage or loss insurance services
  • 66515200 · Property insurance services
  • 66516000 · Liability insurance services
  • 66518000 · Insurance brokerage and agency services
  • 66518100 · Insurance brokerage services
  • 66519310 · Insurance consultancy services

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Decision makers

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