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In deliveryUnited KingdomServices£1,159,500Add to pipeline

Tender for Provision of Various Commercial Insurance Policies for Gas Network Operator - 2025

Awarded to AXA INSURANCE UK PLC, Allianz Engineering, CFC Underwriting +6 more

PHOENIX ENERGY GROUP LTD(buyer)

Published
Published 28 August 2025

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Overview

Phoenix Energy Group Ltd procured 14 separate commercial insurance policies for its gas network operations, divided into lots covering combined liability, excess layers, motor fleet, property, engineering, business interruption, personal accident, computer, terrorism, crime, professional indemnity, and cyber insurance. The contract was awarded on 14 November 2025 to a panel of nine insurers including AXA Insurance UK PLC, Allianz Engineering, QBE, Chubb, and others, for a total value of £1,114,769.55.

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Lots (14)

  • COMBINED LIABILITY INSURANCE

    As outlined in Insurance Tender Summary document.

    £145,600Won by AXA INSURANCE UK PLC
  • COMPUTER INSURANCE

    Insurance in relation to damage to computer hardware etc.

    £2,089Won by Intact Insurance
  • TERRORISM INSURANCE

    Insurance in relation to a terrorist-related event.

    £8,244Won by Globe Underwriting Ltd
  • CRIME INSURANCE

    Insurance cover in connection with criminal events.

    £5,600Won by Intact Insurance
  • PROFESSIONAL INDEMNITY INSURANCE

    Professional Indemnity Insurance for Downstream Engineering area of the Group (Phoenix Energy Services Ltd only).

    £2,436Won by Tokio Marine HCC
  • CYBER INSURANCE

    Insurance cover in relation to a cyber-related incident.

    £23,044Won by CFC Underwriting
  • EXCESS LAYER PUBLIC & PRODUCTS LIABILITY 1ST LAYER INSURANCE

    Excess Layer Public/Products liability (1st layer) insurance to follow the Primary Insurer

    £39,102Won by Liberty
  • EXCESS LAYER PUBLIC & PRODUCTS LIABILITY 2ND LAYER INSURANCE

    Excess Layer Public & Products Liability (2nd Layer) insurance to follow the Underlying Insurer

    £19,600Won by QBE
  • EXCESS LAYER PUBLIC & PRODCUTS LIABILITY 3RD LAYER INSURANCE

    Excess Layer Public & Products Liability (3rd Layer) insurance to follow the Underlying Insurer

    £57,312Won by Chubb
  • MOTOR FLEET INSURANCE

    Comprehensive Cover. Business use of the Policyholder, Social Domestic & Pleasure and Carriage of Own Goods. For any authorised driver with the permission of the policyholder. Approximately 90 vehicles - both cars and LCV.

    £105,840Won by QBE
  • PROPERTY INSURANCE

    Insurance cover in respect of Property and asociated costs.

    £23,572Won by Intact Insurance
  • ENGINEERING & INSPECTION INSURANCE

    Office Passenger Lifts - Engineering Inspection Service.

    £1,081Won by Allianz Engineering
  • BUSINESS INTERRUPTION INSURANCE

    To indemnify the Insured for the business interruption following physical loss or physical damage to the property both onshore and offshore providing such physical loss or physical damage would be insured under Section 1 if the insured owned such property.

    £676,981Won by AXA INSURANCE UK PLC
  • PERSONAL ACCIDENT & TRAVEL INSURANCE

    Insured Persons: All Directors & Employees of the insured, resident in the UK. Journey Description: Extended Business travel outside of Country of Domicile (Any trip in connection with the Business outside of the Country of Domicile including days that are added by the Insured Person for personal reasons)

    £4,267Won by Chubb

Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£1,159,500
Procedure
Selective
Published
28 August 2025
Questions by
19 September 2025
Classification (CPV)
Insurance services

Award outcome

Awarded value
£1,114,770
Award date
14 November 2025
Contract period
1 December 2025 → 30 November 2026
Winners
  • AXA INSURANCE UK PLC
  • Allianz Engineering
  • CFC Underwriting
  • Chubb
  • Globe Underwriting Ltd
  • Intact Insurance
  • Liberty
  • QBE
  • Tokio Marine HCC

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    10 December 2025

  2. Tender Update

    2 September 2025

  3. Contract Notice

    28 August 2025

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