Decision details

Award of Contract for Insurance Services

Decision Maker: Cabinet Member for Digital and Community Inclusion

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

Awarded the contracts for Insurance Services for a duration of three years from 30 June 2017 to 29 June 2020 plus a two year extension period to 29 June 2022 to the organisations and at the values listed below:

 

Lot

Bidder

Of

Excess

Annual
Premium

5 Year Term
Premium

1

Travelers
Insurance Company Ltd

Exchequer Court,
33 St. Mary Axe, London

EC3A8AG

£100,000

£313,046.34

£1,565,231.70

2

Risk Management Partners Ltd

The Walbrook
Building, 25 Walbrook, London

EC4N8AW

£25,000

£30,419.00

£152,095.00

3

No award due to no bids meeting requirements — will place separately ,

4

AXA Art Insurance Limited

Marlow House, 1A Lloyd's Avenue, London EC3N 3AA

£2,500

£12,743.35

£63,716.75

5

Risk Management Partners Ltd

The Walbrook Building, 25 Walbrook, London

EC4N8AW

£500,000

£185,519,00

£927,595.00

6

Zurich Municipal Insurance Group

Zurich House, Ballsbridge Park, Dublin 4, Ireland

NIL

£104,784.92

£523,924.60

7

Zurich Municipal Insurance Group

Zurich House, Ballsbridge Park, Dublin 4, Ireland

Various

£17,091.14

£85,455.70

8

Zurich Municipal insurance Group

Zurich House, Ballsbridge Park, Dublin 4, Ireland

£100 tbc

£51,110.38

£255,551,90

                                                                      Total

£714,714.13

£3,573,570.60

 

Publication date: 24/05/2017

Date of decision: 18/05/2017

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