Lancashire Renewables Engineering Breakdown & Engineering Business Interruption Insurance Policies
Lancashire County CouncilEstimated Value
Up to £95,000
Deadline
3 March 2020
Published
31 January 2020
Type
services
Overview
This tender is for the provision of annual insurance policies for Engineering Breakdown and Engineering Business Interruption for the Lancashire Renewables sites. Cover will be for a period of 12 months with the option to provide cover for a subsequent 12 month period on a price renewal basis for a maximum total contract duration of 24 months.
JLT Speciality Ltd has the sole appointment as insurance brokers to the Authority for the LR portfolio to prepare the ITT document for any LR insurance policies required. Brokers dealing with insurance are not invited to submit bids. Any bids from insurance brokers or organisations the Authority deem to be brokers will be disqualified from the Tender.
Key dates
- Duration
- 12 months
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Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
AXA XL Insurance Company
£1m
total awarded
- 2
Lloyds of London (Syndicate 2015)
£1m
total awarded
- 3
Tokio Marine & Nichido Fire Insurance Co
£1m
total awarded
- 4
Probitas 1492
£1m
total awarded
- 5
Legal & Contingency
£1m
total awarded
AXA XL Insurance Company is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
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Buyer Profile
Lancashire County CouncilKey Dates
Published
31 January 2020
Submission deadline
3 March 2020
Notice type
award
Source
contracts finder
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