Corporate Insurance Services
Reference ocds-h6vhtk-05d53d · Reading Borough Council
Awarded to Zurich Municipal and 1 other.
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Amounts and figures
Description
The procurement is for insurance services across 6 different lots. The Council operates an insurance programme that balances self-retained risk with external insurance policy protection which is reviewed at each annual renewal. The Council's current insurance contracts are due to expire on 31st March 2026. The main objective of this project is centred around securing comprehensive and cost-effective protection for the Council's assets, operations, and liabilities. A key aim is to ensure that the insurance coverage is tailored to the council's specific risk profile, including areas such as property, motor, liability, and engineering. This helps safeguard public services and infrastructure while ensuring residents and stakeholders are adequately protected. The tender process also seeks to attract competitive bids from insurers, enabling the Council to maintain broad coverage at a sustainable cost
Lots (6)
| Lot | Description | CPV code | Amount |
|---|---|---|---|
| 1 | Lot 1 | 66510000 Insurance services | — |
| 2 | Lot 2 | 66510000 Insurance services | — |
| 3 | Lot 3 | 66510000 Insurance services | — |
| 4 | Lot 4 | 66510000 Insurance services | — |
| 5 | Lot 5 | 66510000 Insurance services | — |
| 6 | Lot 6 | 66510000 Insurance services | — |
Awards
| Lot | Awarded to | Amount | Date |
|---|---|---|---|
| 1 | Zurich Municipal | £5,500,000 | — |
| 2 | Zurich Municipal | £730,000 | — |
| 3 | Zurich Municipal | — | — |
| 4 | Zurich Municipal | — | — |
| 5 | RISK MANAGEMENT PARTNERS LTD. | £450,000 | — |
| 6 | RISK MANAGEMENT PARTNERS LTD. | — | — |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | 107887-2026 | 13 November 2026 |
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Frequently asked questions
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- The contracting authority is Reading Borough Council (United Kingdom).
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