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Awarded United Kingdom Services

Provision of Health Insurance Cover to University of Birmingham Dubai

Buyer: THE UNIVERSITY OF BIRMINGHAM

Published
10 January 2025
Estimated value
£3,703,848
Place of performance
Dubai, AE
Procedure
Direct award
Lots
1
Notice number
000931-2025
Reference
ocds-h6vhtk-04cf48
Official source
Official source

CPV codes

Description

This Voluntary Ex-Ante Transparency (VEAT) relates to the annual renewal for part of the University of Birmingham's (Dubai) Insurance provision. The University of Birmingham is looking to continue its insurance arrangements for health cover for University of Birmingham Dubai, awarded to Orient Insurance P.J.S.C. with cover provided by Allianz via Mercer Marsh. The policy is due to renew during January 2025 on the basis of renewal terms from Orient Insurance P.J.S.C. and Allianz, alongside Mercer Marsh having conducted a detailed market survey. The University is satisfied that the best terms and premium, representing best overall value for the University, have been achieved. The market survey resulted in five quotes from different health cover providers, enabling the University to make an informed decision on best value. Through negotiation a further 5% discount was achieved of the best and final figures.

Awards

Awarded toAmountDate
Orient Insurance P.J.S.C. £3,703,848 —

Official publications

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Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £3,703,848.
Who is the buyer of this tender?
The contracting authority is THE UNIVERSITY OF BIRMINGHAM (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.