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Insurance Broker Services

Mag Airport Limited

Awarded
services

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from Mag Airport Limited, and hundreds more across the UK public sector.

Key details

Contracting authority
Mag Airport Limited
Public undertaking
Region
Manchester
Contract value
£3,000,000ex VAT
Submissions closed
11 May 2026
Published
8 September 2026

Procurement

Contract period
1 November 2026 - 31 October 2031
5 years
Possible extension to 31 October 2035 · 8 years, 11 months in total
Extension terms: This contract will last for an initial period of 5 years with the option to extend for +2 years,+2 years, taking it through to 9 years in total.
Procedure type
Competitive flexible procedure
CPV classifications
  • 66510000 Insurance services

What happened

Mag Airport Limited awarded this contract to WILLIS LIMITED worth £3,000,000 on 8 Sept 2026. The contract runs until 31 Oct 2031.

Description

Manchester Airports Group (MAG) required long-term Insurance Broker Services.

MAG operates within a complex commercial and regulatory environment while maintaining a diverse, evolving risk profile. Effective insurance arrangements are essential to supporting operational continuity, financial resilience, and MAGs wider strategic objectives.

Insurance brokers play a critical role in advising on risk transfer strategy, insurance programme design, placement of cover, insurer engagement, and claims management.

Key policies taken out by MAG annually include:

  • Property Damage and Business Interruption
  • Airport Owners and Operators Liability
  • Cyber
  • Motor
  • Employers Liability
  • Directors and Officers Liability
  • Engineering Inspection and Insurance
  • A portfolio of insurance for the CAVU business.

Awarded supplier

Supplier
Award value
£3,000,000
Award date
8 September 2026

Contact

Address
6th Floor, Olympic House, Manchester, M90 1QX
Contact name
Hannah Durman

Identifiers

Buyer reference
ID7390
Notice ID
084722-2026
OCID
ocds-h6vhtk-06823c
Companies House
PPON
PHNZ-5718-LHXL

Explore related tenders

External ID: fts-ocds-h6vhtk-06823c • Added 6 August 2026