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In deliveryUnited KingdomServices£6,800,000

Corporate Insurance Services

Published
Published 28 October 2025
Deadline
Closed 10 December 2025

Overview

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.

Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£6,800,000
Procedure
Open
Published
28 October 2025
Deadline
Closed
Classification (CPV)
Insurance services

Award outcome

Award date
13 February 2026
Contract period
31 March 2026 → 31 March 2029
Winners
  • RISK MANAGEMENT PARTNERS LTD.
  • ZURICH INSURANCE COMPANY LTD

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    20 February 2026

    View notice ↗
  2. Tender Update

    28 October 2025

    View notice ↗
  3. Contract Notice

    28 October 2025

    View notice ↗

Contracting authority

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Awarded: Corporate Insurance Services — won by RISK MANAGEMENT PARTNERS LTD. +1 — Skim