Contract award · 24 Oct 2024

PURCON 2120 - Provision of Insurance Services only - AWARD

University of East Anglia awarded “PURCON 2120 - Provision of…” to Chubb European Group PLC, HDI Global SE - UK & Ireland, Liberty Specialty Markets.

Financial & insurance servicesEast of England

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
University of East Anglia · University
Value
Not published
Procedure
Restricted procedure
Sector
Financial & insurance services · Insurance services (CPV 66510000)
Timeline
  1. Contract date24 Oct 2024
  2. Published13 Mar 2025Published 140 days after the contract date

Description

The University of East Anglia is conducting a tender process for provision of insurance cover only and is not an Insurance Broker Tender and specifically excludes any form of Insurance Broking Service. It is expected that multiple insurers will be required to provide sufficient capacity for this project. Therefore, respondents to this ITT will do so as a potential Lead insurer (ITT stage 1) and will provide a lead quotation in the first instance (deadline 2nd October). Once a lead has been identified, all other insurers will be given a second opportunity (ITT stage 2), to respond to this tender but as a follow market to obtain 100% capacity. All follow markets, including those unsuccessful lead market respondents, will be presented with the terms of the successful Lead insurer as part of this second opportunity to quote (deadline 15th October). Bids from follow markets will be ranked based on the most economically advantageous tender until minimum 100% capacity is obtained. Parts of t…

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