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NU/1898 Property & Professional Indemnity Insurance

Newcastle University

Confirmed tender
services

Key details

Contracting authority
Region
Newcastle upon Tyne
Delivery: UKC22
Contract value
£3,228,236ex VAT
Deadline
26 May 2023
Published
24 April 2023

Procurement

Contract period
1 August 2023 - 31 July 2027
4 years
Submission method
Electronic Submission
Procedure type
Competitive procedure with negotiation
CPV classifications
  • 66510000 Insurance services
  • 66515200 Property insurance services

What happened

The contract runs until 31 Jul 2027.

Description

Property & Professional Indemnity insurances as required by Newcastle University.

The tender process is being managed by Arthur J. Gallagher Insurance Brokers Ltd who will conduct negotiations with insurers who meet the minimum requirements.

Details of the University's risk profile are available from Arthur J. Gallagher Insurance Brokers. This may be amended from time to time to meet the changes in the University's requirements.

Full description

The University recognises that there may be a need for cover to be provided on a scheduled/co-insured/layered basis whereby multiple insurers provide the ultimate capacity required given the scale of the placement.

The tender process is therefore being managed by Arthur J. Gallagher insurance Brokers Ltd who will conduct negotiations with insurers as indicated above should it not be possible place the cover with a single insurer.

It is the University's preference to enter into a longer term agreement for a period of 4 years although it would be prepared to proceed with a placement for a single year commencing on 1 August 2023 or for a single years plus 3 extension options for a further year. Additional information: In addition to contacting AJ Gallagher direct to express and interest in these contracts please also contact the University representative in parallel by emailing [email protected]

Contact

Address
Newcastle University, 1 Park Tce, Newcastle upon Tyne, NE1 7RU
Contact name
Mrs Leigh Robinson

Identifiers

Buyer reference
DN666612
Notice ID
011617-2023
OCID
ocds-h6vhtk-03c376

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External ID: fts-ocds-h6vhtk-03c376 • Added 20 August 2026