Contract award · 10 Oct 2025

Insurance Policies: Lot 1 Material Damage and associated covers.

London Borough of Southwark awarded “Insurance Policies: Lot 1 Material Damage and…” to Risk Management Partners, Zurich Insurance Company Ltd for £10.8m.

Financial & insurance servicesLondon

Open competition

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

Key facts

Buyer
London Borough of Southwark · Regional or local authority
Value
£10,813,735 across 8 lots
Procedure
Open procedure
Sector
Financial & insurance services · Insurance services (CPV 66510000)
Region
London
Timeline
  1. Contract date10 Oct 2025
  2. Published10 Oct 2025Published the same day

Description

Lot 1 Material Damage and associated covers.

Lots in this award

LotSupplierValue
Insurance Policies: Lot 1 Material Damage and associated covers.Risk Management Partners£7.58m
Insurance Policies: Lot 2 PropertyRisk Management Partners£1.33m
Insurance Policies: Lot 3 Combined LiabilityZurich Insurance Company Ltd£721k
Insurance Policies: Lot 4 CrimeZurich Insurance Company Ltd£236k
Insurance Policies: Lot 5 AccidentRisk Management Partners£130k
Insurance Policies: Lot 6 SchoolRisk Management Partners£49,890
Insurance Policies: Lot 7 ComputerRisk Management Partners£64,505
Insurance Policies: Lot 8 MotorZurich Insurance Company Ltd£706k

About the suppliers

More from London Borough of Southwark

All contracts

More won by Risk Management Partners

All contracts

Recent financial & insurance services contracts

Sector overview