System operational · UK tenders
Awarded
2ef1d132-c017-4aac-8f2b-ee121c150c4e · awardUpdate

TfL 93763 Insurance Broking Services

Transport for London

Estimated Value

Up to £1,169,000

Deadline

16 October 2017

Published

18 September 2017

Type

services

LondonGBOpen procedureCPV: 66518100CPV: 66519310
CategoryFinancial & insurance

Overview

Transport for London (TfL) is seeking an organisation to enter into a contract for the provision of InsuranceBroking Services. TfL purchases a range of insurances in order to provide coverage for its operational, financial & contractualliabilities and requirements.

It undertakes this through the activity and work of its Group Insurance team assistedby its General Insurance Brokers. TfL has a contract in place for General Insurance Broking Services which is due to expire in 2018.

Thistender request is a retender of this contract for Insurance Broking services to be in place for Jan 2018. TfL isconducting a competitive tender for this contract which will be let for an initial contract term of 4 years with anoption to extend for up to a further 2 years (1+1).

Key dates

Duration
4 years

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Likely incumbents

Suppliers who won similar work from this buyer in the last 5 years.

1 found
  1. 1

    GALLAGHER BASSETT INTERNATIONAL LTD

    1 contract wonlatest 6 Jun 2025CH 1844276

    £2m

    total awarded

GALLAGHER BASSETT INTERNATIONAL LTD 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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SponsoredEst. 2010
Gladstone & Co AccountantsTax advisers · East Ham, London

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Buyer Profile

Transport for London
Typepublic body
RegionUKI41
Total tenders612
Total spend£7,865,999,303
View buyer profile

Key Dates

Published

18 September 2017

Submission deadline

16 October 2017

Notice type

awardUpdate

Source

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