Insurance Brokerage

Tender description

The University of Exeter are looking to procure Insurance Broker Services for the entities of the University of Exeter, FX Plus (joint venture to support University of Exeter activities, staff and student on Falmouth University campus), and Falmouth University. The three entities remain separated, but are tendered together due to the interest of the University of Exeter to support its staff and students sharing the campus in Falmouth. The university is looking to achieve 1) value for money, 2) the shortest route to market to enable faster query resolution and service provision, 3) a competent and HE experienced broker with broad access to the market The insurance policies that will make up the portfolio are listed below. To achieve part 2 noted above, the portfolio may be split into lots to avoid third parties in addition to the successful broker forming part of the route to market. This preliminary market engagement process will identify the structure of any lots to be tendered. Broker services required for the following policies across the three entities: Material Damage & Business Interruption Combined Liability Computer Fine Art Personal Accident & Travel Professional Indemnity (note that a bespoke Higher Eduction policy for research institutions may be advantageous) Management Liability – D&O & Entity Clinical Trials, Medical Malpractice & Medical Products Liability Marine Goods in Transit Special Contingency Marine – Boat Insurance Pension Trustee Liability Cyber Terrorism Motor Fleet Engineering Inspection & Insurance Contractors Plant Crime Personal Accident & Travel As a valued potential supplier, we would appreciate your input to help us shape our procurement approach and ensure that our requirements and evaluation criteria are clear, realistic and aligned with current market capabilities.