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Financial Lines Insurance Services

London Universities Purchasing Consortium

Awarded
services
SME-friendly
3 lots

This tender has closed

The submission deadline for this contract has passed. There may be more active services tenders from London Universities Purchasing Consortium, and hundreds more across the UK public sector.

Key details

Contracting authority
London Universities Purchasing Consortium
Public authority - sub-central government
Region
London
Delivery: United Kingdom, United Kingdom
Contract value
£29,400,000ex VAT
£32,928,000 inc VAT
Submissions closed
22 May 2025
Published
11 April 2025

Procurement

Contract period
1 August 2025 - 31 July 2028
3 years
Possible extension to 1 August 2030 · 5 years in total
Procedure type
Competitive flexible procedure
CPV classifications
  • 66510000 Insurance services

What happened

London Universities Purchasing Consortium awarded this contract to RISK MANAGEMENT PARTNERS LTD. on 3 Jul 2025. The contract runs until 31 Jul 2028.

Description

London Universities Purchasing Consortium (LUPC) is undertaking this tendering process for Financial Lines Insurance Services commencing 1 August 2025 across three lots made up of Management Liability, Crime and Professional Indemnity. Offers are invited on behalf of one of more lots. The Agreement is being tendered on behalf of the LUPC Insurance Group, a collaborative group of 27 participating institutions from the following purchasing organisations - London Universities Purchasing Consortium: http://www.

lupc. ac. uk/list-of-members.

html; Southern Universities Purchasing Consortium: http://www. supc. ac.

uk/engage/our-members/our-members; and is also available to members of North East Universities Purchasing Consortium (NEUPC): http://www. neupc. ac.

uk/our-members; and North West Universities Purchasing Consortium (NWUPC): http://www. nwupc. ac.

uk/our-members. It should be noted that (1) LUPC is not seeking any broker services through this procurement; (2) stated inc. VAT values are inc.

IPT (Insurance Premium Tax) and that (3) preliminary market engagement was undertaken in late January 2025, prior to commencement of the Procurement Act 2023.

Awarded supplier

Supplier
RISK MANAGEMENT PARTNERS LTD.
Award date
3 July 2025

Contact

Address
5th Floor, Pinnacle House, 23-26 St Dunstan’s Hil, London, EC3R 8HN
Contact name
Mike Kilner

Identifiers

Buyer reference
INS5104 LU
Notice ID
014765-2025
OCID
ocds-h6vhtk-0501ea

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External ID: fts-ocds-h6vhtk-0501ea • Added 6 August 2026