Contract award · 5 Feb 2021

Insurance services: Property Damage and Business Interruption

Bank of England awarded “Insurance services: Property Damage and Business Interruption” to Aviva Plc, Risk Management Partners Ltd, American International Group UK limited for £753k on 5 Feb 2021.

Financial & insurance servicesLondon

BuyerBank of England
Value across 8 lots £753k
WinnersAviva Plc, Risk Management Partners Ltd SME +3 more

Open competition

Open procedure: the contract was advertised and any supplier could submit a bid.

Key facts

Buyer
Bank of England · Body governed by public law
Value
£752,775.87 across 8 lots
Procedure
Open procedure
Sector
Financial & insurance services · Financial and insurance services (CPV 66000000)
Region
London
Timeline
  1. Contract date5 Feb 2021
  2. Published4 Mar 2021Published 27 days after the contract date

Description

This lot relates to property damage and business interruption insurance.

Lots in this award

LotSupplierValue
Insurance services: Property Damage and Business InterruptionAviva Plc£548k
Insurance services: Primary Combined Liability (Employers Liability GBP 25 Million and Public Liability GBP 10 Million)Risk Management Partners Ltd SME£99,350
Insurance services: Excess Combined Liability (EL GBP 25 Million in Excess of GBP 25 Million and PL GBP 40 Million in Excess of GBP 10 Million)Aviva Plc£39,375
Insurance services: Excess Public Liability (GBP 50 Million in Excess of GBP 50 Million)American International Group UK limited£15,000
Insurance services: Fine ArtHDI Global Specialty SE SME£19,284
Insurance services: ConstructionRisk Management Partners Ltd SME£4,579
Insurance services: MotorRisk Management Partners Ltd SME£22,000
Insurance services: Personal Accident and TravelChubb European Group£5,300

About the suppliers

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