Buyer Name: London Universities Purchasing Consortium
Buyer Address: 5th Floor, Pinnacle House, 23-26 St Dunstan’s Hil, London, UKI31, EC3R 8HN, United Kingdom
Contact Name: Mike Kilner
Contact Email: m.kilner@lupc.ac.uk
Contact Telephone: 02073072760
London Universities Purchasing Consortium (LUPC) is undertaking this tendering process for Financial Lines Insurance Services commencing 1 August 2025 across three lots made up of Management Liability, Crime and Professional Indemnity. Offers are invited on behalf of one of more lots. The Agreement is being tendered on behalf of the LUPC Insurance Group, a collaborative group of 27 participating institutions from the following purchasing organisations - London Universities Purchasing Consortium: http://www.lupc.ac.uk/list-of-members.html; Southern Universities Purchasing Consortium: http://www.supc.ac.uk/engage/our-members/our-members; and is also available to members of North East Universities Purchasing Consortium (NEUPC): http://www.neupc.ac.uk/our-members; and North West Universities Purchasing Consortium (NWUPC): http://www.nwupc.ac.uk/our-members. It should be noted that (1) LUPC is not seeking any broker services through this procurement; (2) stated inc. VAT values are inc. IPT (Insurance Premium Tax) and that (3) preliminary market engagement was undertaken in late January 2025, prior to commencement of the Procurement Act 2023.
No linked documents found for this notice.
External Link: https://www.find-tender.service.gov.uk/Notice/014765-2025
Link Description: Tender notice on Find a Tender
Lot Title: Management Liability
Lot Description: To meet or exceed the Insurance Group's Management Liability cover requirements as defined in the specification within the documentation.
Lot LOT-0001 Status: active
Lot LOT-0001 Value: GBP 2,200,000
Lot LOT-0001 Value (Gross): GBP 2,464,000
Lot LOT-0001 Contract Start: 2025-08-01T00:00:00Z
Lot LOT-0001 Contract End: 2028-07-31T23:59:59Z
Lot LOT-0001 SME Suitable: Yes
Lot LOT-0001 Award Criterion (quality): Technical (45%)
Lot LOT-0001 Award Criterion (price): Commercial (55%)
Lot Title: Crime
Lot Description: To meet or exceed the Insurance Group's Crime cover requirements as defined in the specification within the documentation.
Lot LOT-0002 Status: active
Lot LOT-0002 Value: GBP 5,400,000
Lot LOT-0002 Value (Gross): GBP 6,048,000
Lot LOT-0002 Contract Start: 2025-08-01T00:00:00Z
Lot LOT-0002 Contract End: 2028-07-31T23:59:59Z
Lot LOT-0002 SME Suitable: Yes
Lot LOT-0002 Award Criterion (quality): Technical (45%)
Lot LOT-0002 Award Criterion (price): Commercial (55%)
Lot Title: Professional Indemnity
Lot Description: To meet or exceed the Insurance Group's Professional Indemnity cover requirements as defined in the specification within the documentation.
Lot LOT-0003 Status: active
Lot LOT-0003 Value: GBP 21,800,000
Lot LOT-0003 Value (Gross): GBP 24,416,000
Lot LOT-0003 Contract Start: 2025-08-01T00:00:00Z
Lot LOT-0003 Contract End: 2028-07-31T23:59:59Z
Lot LOT-0003 SME Suitable: Yes
Lot LOT-0003 Award Criterion (quality): Technical (45%)
Lot LOT-0003 Award Criterion (price): Commercial (55%)
Document Description: Not published
Document Description: Tender notice on Find a Tender
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"currency": "GBP"
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