Contract award · 10 Sep 2025

Insurance Brokerage Services Contract

Lincolnshire County Council awarded “Insurance Brokerage Services Contract” to Marsh Limited for £22,500 on 10 Sep 2025. Awarded without open competition.

No competitionFinancial & insurance servicesEast Midlands

Value £22,500
WinnerMarsh Limited

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
Lincolnshire County Council · Regional or local authority
Value
£22,500
Procedure
Direct award
Sector
Financial & insurance services · Financial and insurance services (CPV 66000000)
Timeline
  1. Contract date10 Sep 2025
  2. Published10 Sep 2025Published the same day

Description

The Council requires an insurance broker to place cover with insurers, as most public sector providers do not accept direct placements from clients. The broker will need to bring specialist expertise in insurance and risk financing, helping to design tailored insurance programmes and identify appropriate cover-particularly for ad hoc or complex requirements. This will ensure the Council is adequately protected while maintaining flexibility. The broker will also helps analyse claims data to determine the right balance between self-insurance and external cover, supporting cost-effective risk management, and during tendering, they will work closely with the Council to prepare market submissions, including arranging pre-tender engagement days with insurers.

About the supplier

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