System operational · UK & EU tenders
Awarded
ocds-h6vhtk-069efa · award

Insurance Brokerage Services

Nottingham City Council

Estimated Value

Not specified

Deadline

Not specified

Published

21 May 2026

Type

services

GBlimitedCPV: 66000000
CategoryFinancial & insurance

Overview

Nottingham City Council (NCC) is looking to appoint an insurance broker to support the management of our insurance programme.

AI Analysis

Powered by AI — always verify against official documents

Medium Complexity

Nottingham City Council wants to hire an insurance broker to manage their insurance programme across the council. This is a professional services contract where the successful bidder will handle insurance policies, claims, and related advisory work for a large public sector organisation.

Requirements

  • Must be an FCA-regulated insurance broker (Financial Conduct Authority authorisation)
  • Professional indemnity insurance cover required
  • Experience managing insurance programmes for large organisations (public or private sector)
  • Knowledge of local authority insurance needs and risk management
  • No specific certifications listed in the notice — check the full tender documents for ISO standards, quality accreditations, or sector-specific qualifications

Key Tasks & Deliverables

  • Manage and review Nottingham City Council's complete insurance policy portfolio
  • Provide advice on insurance coverage, renewal terms, and risk mitigation
  • Handle insurance claims processing and liaison with insurers
  • Conduct annual insurance reviews and market testing
  • Provide risk assessment reports and recommendations to council management
  • Arrange placement of insurance policies with insurers
  • Manage broker fees and provide cost-saving recommendations

How to Read This Tender

  • 1Check if you hold FCA regulation — this is non-negotiable for insurance brokers; if you don't have it, you cannot bid
  • 2Look for the contract value and contract length in the full tender documents — this notice doesn't state duration or fee structure, which will be critical to your bid planning
  • 3Understand 'insurance programme management' means you'll be handling multiple policy types (likely liability, property, vehicles, employers' liability, cyber) — assess your team's breadth of expertise
  • 4Public sector clients require detailed reporting, audit trails, and compliance documentation — factor extra administration time into your cost estimates
  • 5The phrase 'support management of our insurance programme' suggests an advisory role, not just buying policies — you'll need to demonstrate strategic thinking, not just transactional brokerage

Tips for Small Businesses

  • If you're a small broker without experience managing large multi-policy programmes, consider partnering with a larger broker as a specialist subcontractor for specific areas (e.g. claims handling or risk assessment) rather than bidding as lead broker
  • Public sector contracts often score heavily on social value — highlight local employment, apprenticeships, community investment, or support for small suppliers in your bid
  • Nottingham City Council will want to see case studies of similar-sized local authority clients or large private sector organisations you've managed — if you lack these, be transparent about your experience and offset with detailed methodology and team expertise

Award Details

Arthur J Gallagher Insurance Brokers Limited

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Buyer Profile

NOTTINGHAM CITY COUNCIL
Typepublic body
RegionEast Midlands
Total contracts93
Total spend£1,766,518,578
View buyer profile

Key Dates

Published

21 May 2026

Submission deadline

Not specified

Notice type

award

Source

find a tender

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