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Corporate Insurance Services

Reading Borough Council

Buyer Contact Info

Buyer Name: Reading Borough Council

Buyer Address: Bridge Street, Reading, UKJ11, RG1 2LU, United Kingdom

Contact Email: pchub@reading.gov.uk

Status
complete
Procedure
open
Value
5500000.0 GBP
Published
20 Feb 2026, 14:41
Deadline
n/a
Contract Start
31 Mar 2026, 23:00
Contract End
31 Mar 2029, 22:59
Category
n/a
CPV
66510000 - Insurance services
Region
n/a
Awarded To
ZURICH INSURANCE COMPANY LTD, RISK MANAGEMENT PARTNERS LTD.
Official Source
Open Find a Tender

Description

We are seeking tender submissions for annual policies, which commence on 1st April 2026 in the name of: Reading Borough Council CIVIC OFFICES, BRIDGE STREET, READING, BERKSHIRE RG1 2LU Additional Insured Interests: Brighter Futures for Children - a wholly owned Children Services Company - cease trading brought back into RBC 31 March 2026. Whilst Homes for Reading are a wholly owned Company they are not included in the tender. The Long Term Agreement shall contain a break clause in the event of any significant changes to the Authority introduced by Central Government or other bodies that would make the continuance of the Long Term Agreement unsuitable for the Authority. In the event of an intended break in the Long Term Agreement the insurer must provide the Authority with 6 months' notice to enable the Authority to procure a suitable alternative. Please advise within your Tender Specification if this cannot be complied with. The Authority allows a successful Tender to transfer the insurance policies placed as a result of this Tender to another insurer during the term of the LTA provided that the new insurer is in the same ultimate as the original one, the insurer credit rating is not adversely affected and the terms and conditions of the insurance remain the same. Full details of the requirement can be found in the Specification document. The tender documents contain proposals for the works. Estimated contracted value is £8.5M over 3 years.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Lots

Lot 1 Status: complete

Lot 2 Status: complete

Lot 3 Status: complete

Lot 4 Status: complete

Lot 5 Status: complete

Lot 6 Status: complete

Awards

Award Title: Lot 7 - super lot that incorporates Lots 1, 3 and 4

Award Title: Lot 2 - Industrial & Commercial Property

Award Title: Lot 5 & Lot 6

Raw Notice JSON

Expand raw payload
{
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    {
      "aboveThreshold": true,
      "assessmentSummariesDateSent": "2026-02-20T00:00:00Z",
      "contractPeriod": {
        "endDate": "2029-03-31T23:59:59+01:00",
        "maxExtentDate": "2033-03-31T23:59:59+01:00",
        "startDate": "2026-04-01T00:00:00+01:00"
      },
      "date": "2026-02-13T00:00:00Z",
      "documents": [
        {
          "datePublished": "2026-02-20T14:41:51Z",
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          "documentType": "awardNotice",
          "format": "text/html",
          "id": "015741-2026",
          "noticeType": "UK6",
          "url": "https://www.find-tender.service.gov.uk/Notice/015741-2026"
        }
      ],
      "hasOptions": true,
      "hasRenewal": true,
      "id": "1",
      "items": [
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              "countryName": "United Kingdom",
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          "id": "1",
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        {
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          "deliveryAddresses": [
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              "countryName": "United Kingdom",
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          ],
          "id": "3",
          "relatedLot": "3"
        },
        {
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          "deliveryAddresses": [
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              "countryName": "United Kingdom",
              "region": "UKJ11"
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          ],
          "id": "4",
          "relatedLot": "4"
        }
      ],
      "mainProcurementCategory": "services",
      "milestones": [
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          "dueDate": "2026-03-20T23:59:59Z",
          "id": "1",
          "status": "scheduled",
          "type": "futureSignatureDate"
        }
      ],
      "options": {
        "description": "The contract has an initial term of three years, with the inclusion of options to extend up to  two x 2 year extensions, and will be contingent upon the supplier meeting agreed Performance Indicators, service levels, and subject to premium negotiations, underwriting acceptance and approval by the authority."
      },
      "relatedLots": [
        "1",
        "3",
        "4"
      ],
      "renewal": {
        "description": "The contract has an initial term of three years, with the inclusion of options to extend up to  two x 2 year extensions, and will be contingent upon the supplier meeting agreed Performance Indicators, service levels, and subject to premium negotiations, underwriting acceptance and approval by the authority."
      },
      "standstillPeriod": {
        "endDate": "2026-03-03T23:59:59+00:00"
      },
      "status": "pending",
      "suppliers": [
        {
          "id": "GB-COH-BR000105",
          "name": "ZURICH INSURANCE COMPANY LTD"
        }
      ],
      "title": "Lot 7 - super lot that incorporates Lots 1, 3 and 4",
      "value": {
        "amountGross": 5500000,
        "currency": "GBP"
      }
    },
    {
      "aboveThreshold": false,
      "assessmentSummariesDateSent": "2026-02-20T00:00:00Z",
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        "maxExtentDate": "2033-03-31T23:59:59+01:00",
        "startDate": "2026-04-01T00:00:00+01:00"
      },
      "date": "2026-02-13T00:00:00Z",
      "documents": [
        {
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          "documentType": "awardNotice",
          "format": "text/html",
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          "noticeType": "UK6",
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        }
      ],
      "hasOptions": true,
      "hasRenewal": true,
      "id": "2",
      "items": [
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          "additionalClassifications": [
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              "countryName": "United Kingdom",
              "region": "UKJ11"
            }
          ],
          "id": "2",
          "relatedLot": "2"
        }
      ],
      "mainProcurementCategory": "services",
      "milestones": [
        {
          "dueDate": "2026-03-20T23:59:59Z",
          "id": "1",
          "status": "scheduled",
          "type": "futureSignatureDate"
        }
      ],
      "options": {
        "description": "The contract will be awarded for an initial three year term, with further optional period of two x 2 years added into the contract.  This will be contingent upon the supplier meeting agreed Key Performance Indicators, and subject to premium negotiations, underwriting acceptance and approval by the authority."
      },
      "relatedLots": [
        "2"
      ],
      "renewal": {
        "description": "The contract will be awarded for an initial three year term, with further optional period of two x 2 years added into the contract.  This will be contingent upon the supplier meeting agreed Key Performance Indicators, and subject to premium negotiations, underwriting acceptance and approval by the authority."
      },
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-BR000105",
          "name": "ZURICH INSURANCE COMPANY LTD"
        }
      ],
      "title": "Lot 2 - Industrial \u0026 Commercial Property",
      "value": {
        "amountGross": 730000,
        "currency": "GBP"
      }
    },
    {
      "aboveThreshold": false,
      "assessmentSummariesDateSent": "2026-02-20T00:00:00Z",
      "contractPeriod": {
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        "maxExtentDate": "2033-03-31T23:59:59+01:00",
        "startDate": "2026-04-01T00:00:00+01:00"
      },
      "date": "2026-02-13T00:00:00Z",
      "documents": [
        {
          "datePublished": "2026-02-20T14:41:51Z",
          "description": "Contract award notice on Find a Tender",
          "documentType": "awardNotice",
          "format": "text/html",
          "id": "015741-2026",
          "noticeType": "UK6",
          "url": "https://www.find-tender.service.gov.uk/Notice/015741-2026"
        }
      ],
      "hasOptions": true,
      "hasRenewal": true,
      "id": "3",
      "items": [
        {
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            {
              "description": "Insurance services",
              "id": "66510000",
              "scheme": "CPV"
            }
          ],
          "deliveryAddresses": [
            {
              "country": "GB",
              "countryName": "United Kingdom",
              "region": "UKJ11"
            }
          ],
          "id": "5",
          "relatedLot": "5"
        },
        {
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            {
              "description": "Insurance services",
              "id": "66510000",
              "scheme": "CPV"
            }
          ],
          "deliveryAddresses": [
            {
              "country": "GB",
              "countryName": "United Kingdom",
              "region": "UKJ11"
            }
          ],
          "id": "6",
          "relatedLot": "6"
        }
      ],
      "mainProcurementCategory": "services",
      "milestones": [
        {
          "dueDate": "2026-03-20T23:59:59Z",
          "id": "1",
          "status": "scheduled",
          "type": "futureSignatureDate"
        }
      ],
      "options": {
        "description": "The contract will be awarded for an initial three year term, with further optional period of two x 2 years added into the contract.  This will be contingent upon the supplier meeting agreed Key Performance Indicators, and subject to premium negotiations, underwriting acceptance and approval by the authority."
      },
      "relatedLots": [
        "5",
        "6"
      ],
      "renewal": {
        "description": "The contract will be awarded for an initial three year term, with further optional period of two x 2 years added into the contract.  This will be contingent upon the supplier meeting agreed Key Performance Indicators, and subject to premium negotiations, underwriting acceptance and approval by the authority."
      },
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-02989025",
          "name": "RISK MANAGEMENT PARTNERS LTD."
        }
      ],
      "title": "Lot 5 \u0026 Lot 6",
      "value": {
        "amountGross": 450000,
        "currency": "GBP"
      }
    }
  ],
  "bids": {
    "details": [
      {
        "id": "1",
        "relatedLots": [
          "1",
          "3",
          "4"
        ],
        "status": "valid",
        "tenderers": [
          {
            "id": "GB-COH-BR000105",
            "name": "ZURICH INSURANCE COMPANY LTD"
          }
        ]
      },
      {
        "id": "2",
        "relatedLots": [
          "1"
        ],
        "status": "valid",
        "tenderers": [
          {
            "id": "GB-COH-00078950",
            "name": "AXA INSURANCE UK PLC"
          }
        ]
      },
      {
        "id": "3",
        "relatedLots": [
          "1"
        ],
        "status": "valid",
        "tenderers": [
          {
            "id": "GB-COH-BR018117",
            "name": "PROTECTOR INSURANCE"
          }
        ]
      },
      {
        "id": "4",
        "relatedLots": [
          "1",
          "3",
          "4"
        ],
        "status": "valid",
        "tenderers": [
          {
            "id": "GB-COH-02989025",
            "name": "RISK MANAGEMENT PARTNERS LTD."
          }
        ]
      },
      {
        "id": "5",
        "relatedLots": [
          "1",
          "4"
        ],
        "status": "valid",
        "tenderers": [
          {
            "id": "GB-COH-01034343",
            "name": "TRAVELERS INSURANCE COMPANY LIMITED"
          }
        ]
      },
      {
        "id": "6",
        "relatedLots": [
          "3",
          "4"
        ],
        "status": "valid",
        "tenderers": [
          {
            "id": "GB-COH-00210725",
            "name": "AON UK LIMITED"
          }
        ]
      }
    ],
    "statistics": [
      {
        "id": "1",
        "measure": "bids",
        "relatedLot": "1",
        "value": 5
      },
      {
        "id": "2",
        "measure": "bids",
        "relatedLot": "3",
        "value": 3
      },
      {
        "id": "3",
        "measure": "bids",
        "relatedLot": "4",
        "value": 4
      },
      {
        "id": "4",
        "measure": "bids",
        "relatedLot": "2",
        "value": 4
      },
      {
        "id": "5",
        "measure": "finalStageBids",
        "relatedLot": "2",
        "value": 4
      },
      {
        "id": "6",
        "measure": "smeFinalStageBids",
        "relatedLot": "2",
        "value": 1
      },
      {
        "id": "7",
        "measure": "vcseFinalStageBids",
        "relatedLot": "2",
        "value": 0
      },
      {
        "id": "8",
        "measure": "bids",
        "relatedLot": "5",
        "value": 3
      },
      {
        "id": "9",
        "measure": "finalStageBids",
        "relatedLot": "5",
        "value": 3
      },
      {
        "id": "10",
        "measure": "smeFinalStageBids",
        "relatedLot": "5",
        "value": 2
      },
      {
        "id": "11",
        "measure": "vcseFinalStageBids",
        "relatedLot": "5",
        "value": 0
      },
      {
        "id": "12",
        "measure": "bids",
        "relatedLot": "6",
        "value": 3
      },
      {
        "id": "13",
        "measure": "finalStageBids",
        "relatedLot": "6",
        "value": 3
      },
      {
        "id": "14",
        "measure": "smeFinalStageBids",
        "relatedLot": "6",
        "value": 1
      },
      {
        "id": "15",
        "measure": "vcseFinalStageBids",
        "relatedLot": "6",
        "value": 0
      },
      {
        "id": "16",
        "measure": "finalStageBids",
        "relatedLot": "1",
        "value": 5
      },
      {
        "id": "17",
        "measure": "smeFinalStageBids",
        "relatedLot": "1",
        "value": 1
      },
      {
        "id": "18",
        "measure": "vcseFinalStageBids",
        "relatedLot": "1",
        "value": 0
      },
      {
        "id": "19",
        "measure": "finalStageBids",
        "relatedLot": "3",
        "value": 3
      },
      {
        "id": "20",
        "measure": "smeFinalStageBids",
        "relatedLot": "3",
        "value": 1
      },
      {
        "id": "21",
        "measure": "vcseFinalStageBids",
        "relatedLot": "3",
        "value": 0
      },
      {
        "id": "22",
        "measure": "finalStageBids",
        "relatedLot": "4",
        "value": 4
      },
      {
        "id": "23",
        "measure": "smeFinalStageBids",
        "relatedLot": "4",
        "value": 1
      },
      {
        "id": "24",
        "measure": "vcseFinalStageBids",
        "relatedLot": "4",
        "value": 0
      }
    ]
  },
  "buyer": {
    "id": "GB-PPON-PWBJ-9435-VXQQ",
    "name": "Reading Borough Council"
  },
  "date": "2026-02-20T14:41:51Z",
  "id": "015741-2026",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-05d53d",
  "parties": [
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Reading",
        "postalCode": "RG1 2LU",
        "region": "UKJ11",
        "streetAddress": "Bridge Street"
      },
      "contactPoint": {
        "email": "pchub@reading.gov.uk"
      },
      "details": {
        "classifications": [
          {
            "description": "Public authority - sub-central government",
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE"
          }
        ],
        "url": "https://www.reading.gov.uk/"
      },
      "id": "GB-PPON-PWBJ-9435-VXQQ",
      "identifier": {
        "id": "PWBJ-9435-VXQQ",
        "scheme": "GB-PPON"
      },
      "name": "Reading Borough Council",
      "roles": [
        "buyer"
      ]
    },
    {
      "additionalIdentifiers": [
        {
          "id": "PGTR-7193-XLVD",
          "scheme": "GB-PPON"
        }
      ],
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "London",
        "postalCode": "EC3V 0BG",
        "region": "UKI31",
        "streetAddress": "20 Gracechurch Street"
      },
      "details": {
        "scale": "large",
        "url": "https://www.axa.co.uk/",
        "vcse": false
      },
      "id": "GB-COH-00078950",
      "identifier": {
        "id": "00078950",
        "scheme": "GB-COH"
      },
      "name": "AXA INSURANCE UK PLC",
      "roles": [
        "tenderer"
      ]
    },
    {
      "additionalIdentifiers": [
        {
          "id": "PZND-4667-WRYJ",
          "scheme": "GB-PPON"
        }
      ],
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Manchester",
        "postalCode": "M3 3HF",
        "region": "UKD33",
        "streetAddress": "7th Floor, 3 Hardman Street"
      },
      "details": {
        "scale": "large",
        "url": "https://protectorinsurance.co.uk/",
        "vcse": false
      },
      "id": "GB-COH-BR018117",
      "identifier": {
        "id": "BR018117",
        "scheme": "GB-COH"
      },
      "name": "PROTECTOR INSURANCE",
      "roles": [
        "tenderer"
      ]
    },
    {
      "additionalIdentifiers": [
        {
          "id": "PRPH-2879-BTLM",
          "scheme": "GB-PPON"
        }
      ],
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "London",
        "postalCode": "EC3M 3BD",
        "region": "UKI31",
        "streetAddress": "30 Fenchurch Street"
      },
      "details": {
        "scale": "large",
        "url": "http://www.travelers.co.uk",
        "vcse": false
      },
      "id": "GB-COH-01034343",
      "identifier": {
        "id": "01034343",
        "scheme": "GB-COH"
      },
      "name": "TRAVELERS INSURANCE COMPANY LIMITED",
      "roles": [
        "tenderer"
      ]
    },
    {
      "additionalIdentifiers": [
        {
          "id": "PBNB-5378-HLVR",
          "scheme": "GB-PPON"
        }
      ],
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "London",
        "postalCode": "EC3V 4AN",
        "region": "UKI31",
        "streetAddress": "The Leadenhall Building, 122 Leadenhall Street"
      },
      "details": {
        "scale": "large",
        "url": "http://www.aon.com/",
        "vcse": false
      },
      "id": "GB-COH-00210725",
      "identifier": {
        "id": "00210725",
        "scheme": "GB-COH"
      },
      "name": "AON UK LIMITED",
      "roles": [
        "tenderer"
      ]
    },
    {
      "additionalIdentifiers": [
        {
          "id": "PQWR-3824-ZVZH",
          "scheme": "GB-PPON"
        }
      ],
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Hampshire",
        "postalCode": "PO15 7JZ",
        "region": "UKJ36",
        "streetAddress": "The Zurich Centre, 3000 Parkway ,Whiteley, Fareham"
      },
      "contactPoint": {
        "email": "zmsalesops@uk.zurich.com"
      },
      "details": {
        "publicServiceMissionOrganization": false,
        "scale": "large",
        "shelteredWorkshop": false,
        "url": "http://www.zurich.co.uk/municipal",
        "vcse": false
      },
      "id": "GB-COH-BR000105",
      "identifier": {
        "id": "BR000105",
        "scheme": "GB-COH"
      },
      "name": "ZURICH INSURANCE COMPANY LTD",
      "roles": [
        "supplier",
        "tenderer"
      ]
    },
    {
      "additionalIdentifiers": [
        {
          "id": "PBRT-8377-RCDJ",
          "scheme": "GB-PPON"
        }
      ],
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "London",
        "postalCode": "EC4N 8AW",
        "region": "UKI31",
        "streetAddress": "The Walbrook Building"
      },
      "contactPoint": {
        "email": "LST@rmpartners.co.uk"
      },
      "details": {
        "scale": "sme",
        "url": "http://www.rmpartners.co.uk",
        "vcse": false
      },
      "id": "GB-COH-02989025",
      "identifier": {
        "id": "02989025",
        "scheme": "GB-COH"
      },
      "name": "RISK MANAGEMENT PARTNERS LTD.",
      "roles": [
        "supplier",
        "tenderer"
      ]
    }
  ],
  "tag": [
    "award",
    "contract"
  ],
  "tender": {
    "description": "We are seeking tender submissions for annual policies, which commence on 1st April 2026 in the name of:  \nReading Borough Council  \nCIVIC OFFICES, BRIDGE STREET, READING, BERKSHIRE RG1 2LU  \nAdditional Insured Interests: \nBrighter Futures for Children - a wholly owned Children Services Company - cease trading brought back into RBC 31 March 2026.  \nWhilst Homes for Reading are a wholly owned Company they are not included in the tender. \nThe Long Term Agreement shall contain a break clause in the event of any significant changes to the Authority introduced by Central Government or other bodies that would make the continuance of the Long Term Agreement unsuitable for the Authority.    \nIn the event of an intended break in the Long Term Agreement the insurer must provide the Authority with 6 months\u0027 notice to enable the Authority to procure a suitable alternative. Please advise within your Tender Specification if this cannot be complied with.  \nThe Authority allows a successful Tender to transfer the insurance policies placed as a result of this Tender to another insurer during the term of the LTA provided that the new insurer is in the same ultimate as the original one, the insurer credit rating is not adversely affected and the terms and conditions of the insurance remain the same.  \nFull details of the requirement can be found in the Specification document. The tender documents contain proposals for the works. Estimated contracted value is \u00a38.5M  over 3 years.",
    "id": "URN 25-S-051   RBC 00002404",
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "id": "1",
        "status": "complete"
      },
      {
        "id": "2",
        "status": "complete"
      },
      {
        "id": "3",
        "status": "complete"
      },
      {
        "id": "4",
        "status": "complete"
      },
      {
        "id": "5",
        "status": "complete"
      },
      {
        "id": "6",
        "status": "complete"
      }
    ],
    "procurementMethod": "open",
    "procurementMethodDetails": "Open procedure",
    "status": "complete",
    "title": "Corporate Insurance Services"
  }
}