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POLITICAL AND CREDIT RISK INSURANCE FRAMEWORK

Department for International Trade

Awarded
services
SME-friendly
Framework agreement

This tender has closed

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

Key details

Contracting authority
Department for International Trade
central gov
Region
London
Delivery: British Oversea Territories
Sectors
Legal & Financial Services, Professional Services & Consulting
Contract value
£250,000,000ex VAT
Submissions closed
15 January 2023
Published
8 March 2023

Procurement

Contract period
16 January 2023 - 15 January 2027
4 years
Procedure type
Open procedure (above threshold)
CPV classifications
  • 66000000 Financial and insurance services

What happened

Department for International Trade awarded this contract to Argo Managing Agency Limited | AON UK LIMITED | AEGIS MANAGING AGENCY LIMITED | ASCOT UNDERWRITING LIMITED | AMERICAN INTERNATIONAL GROUP UK LTD | APOLLO SYNDICATE MANAGEMENT LIMITED | ARK SYNDICATE MANAGEMENT LTD | ASPEN MANAGING AGENCY LIMITED | AXA XL INSURANCE COMPANY UK LIMITED | BEAZLEY FURLONGE LTD | BERRY PALMER & LYLE LIMITED | CANOPIUS MANAGING AGENTS LTD | CHAUCER SYNDICATES LIMITED | CHUBB EUROPEAN GROUP SE | CINCINNATI GLOBAL UNDERWRITING AGENCY LIMITED | COMPAGNIE FRANCAISE D'ASSURANCE POUR LE COMMERCE EXT&# | ENDURANCE WORLDWIDE INSURANCE LIMITED | EULER HERMES SA (NV) | FIDELIS UNDERWRITING LIMITED | HAMILTON MANAGING AGENCY LIMITED | HDI GLOBAL SPECIALTY SE | IQUW SYNDICATE MANAGEMENT LIMITED | LANCASHIRE INSURANCE COMPANY (UK) LIMITED | LIBERTY MANAGING AGENCY LIMITED | LIBERTY MUTUAL INSURANCE EUROPE SE | MARKEL SYNDICATE MANAGEMENT LIMITED | MS AMLIN UNDERWRITING LIMITED | MUNICH RE SYNDICATE LIMITED | NAVIGATORS UNDERWRITING AGENCY LIMITED | QBE UK LIMITED | STARR MANAGING AGENTS LIMITED | TALBOT UNDERWRITING LTD | SWISS RE INTERNATIONAL SE worth £250,000,000 on 3 Feb 2023. The contract runs until 15 Jan 2027.

Description

UK Export Finance has formed a Political & Credit Risk Insurance Framework (Lot 1: Brokerage, Lot 2: Insurance) agreement.

The initial contract period is for 2 years with an option to extend twice for 12 months each time.

Awarded suppliers (33)

Suppliers
  • Argo Managing Agency Limited
  • AON UK LIMITED
  • AEGIS MANAGING AGENCY LIMITED
  • ASCOT UNDERWRITING LIMITED
  • AMERICAN INTERNATIONAL GROUP UK LTD
  • APOLLO SYNDICATE MANAGEMENT LIMITED
  • ARK SYNDICATE MANAGEMENT LTD
  • ASPEN MANAGING AGENCY LIMITED
  • AXA XL INSURANCE COMPANY UK LIMITED
  • BEAZLEY FURLONGE LTD
  • BERRY PALMER & LYLE LIMITED
  • CANOPIUS MANAGING AGENTS LTD
  • CHAUCER SYNDICATES LIMITED
  • CHUBB EUROPEAN GROUP SE
  • CINCINNATI GLOBAL UNDERWRITING AGENCY LIMITED
  • COMPAGNIE FRANCAISE D'ASSURANCE POUR LE COMMERCE EXT&#
  • ENDURANCE WORLDWIDE INSURANCE LIMITED
  • EULER HERMES SA (NV)
  • FIDELIS UNDERWRITING LIMITED
  • HAMILTON MANAGING AGENCY LIMITED
  • HDI GLOBAL SPECIALTY SE
  • IQUW SYNDICATE MANAGEMENT LIMITED
  • LANCASHIRE INSURANCE COMPANY (UK) LIMITED
  • LIBERTY MANAGING AGENCY LIMITED
  • LIBERTY MUTUAL INSURANCE EUROPE SE
  • MARKEL SYNDICATE MANAGEMENT LIMITED
  • MS AMLIN UNDERWRITING LIMITED
  • MUNICH RE SYNDICATE LIMITED
  • NAVIGATORS UNDERWRITING AGENCY LIMITED
  • QBE UK LIMITED
  • STARR MANAGING AGENTS LIMITED
  • TALBOT UNDERWRITING LTD
  • SWISS RE INTERNATIONAL SE
Award value
£250,000,000
Award date
3 February 2023

Contact

Address
Old Admiralty Building, London, SW1A 2DY
Email
[email protected]

Identifiers

Buyer reference
tender_357139/1187092
Notice ID
1ca59ece-d90f-4ede-8fc5-215fbc36dd7c-622198
OCID
ocds-b5fd17-ad482e60-4747-4d65-854d-e35cf7e312c2

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External ID: cf-ocds-b5fd17-ad482e60-4747-4d65-854d-e35cf7e312c2 • Added 4 October 2026