Barrow Borough Council - Insurance
Main contract details
Lot 1. Property - Material Damage, Business Interruption, Contract Works, Money, Computers and Specified all Risks.
Lot 2. Liability - EL, PL, OI (including land charges and public health), Fidelity Guarantee, and Motor Fleet.
Lot 3. Personal Accident/Travel.
Suppliers can bid for multiple lots, as the Tender information will show. We are keeping this in a single ITT workflow rather than breaking it up into separate lots, if you can make clear in the tender documents the Lot(s) you are tendering for. The tender is for a 7 year contract with no option to extend.
Insurers will be authorised to write the classes of insurance listed within the EU Member States subject to English/Welsh Law and jurisdiction of the English/Welsh courts. Potential suppliers may be asked to produce a certificate issued by the appropriate insurance regulatory authority indicating the types of insurance the insurer is authorised to provide and must comply with Departments of Trade and Industry Regulations. Potential 5/6 suppliers may be asked to produce a copy of their annual reports and accounts for the last 3 years, name and address of bankers, details of last 3 years underwriting experience for the classes of business referred to in this notice.
All insurers must provide evidence that they are at least "A-" rated by Standard and Poor's (or equivalent) and/or approved by JLT Market Security Committee, otherwise their submission will be automatically rejected.
Details of membership of any professional body or association and education/Professional qualifications/ experience of all staff providing the services, and evidence of risk management capabilities. Please see the invitation to tender (ITT) for more details.
Key dates
Expression of interest window
From 12/06/2019 08:00 to 08/07/2019 12:00
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Contact details
Barrow in Furness
Cumbria
LA14 2LD
United Kingdom