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In deliveryUnited KingdomServices£14,100,000Add to pipeline

Insurance Broker Services

Awarded to ARTHUR J. GALLAGHER INSURANCE BROKERS LIMITED, JENSTEN INSURANCE BROKERS (LONDON & SE) LIMITED, WILLIS LIMITED

ASTER GROUP LIMITED(buyer)

Published
Published 2 February 2026

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Overview

Aster Group Limited has awarded a contract for provision of insurance and risk-related services to Arthur J. Gallagher Insurance Brokers Limited, Jensten Insurance Brokers (London & SE) Limited, and Willis Limited. The contract, valued at £14.1 million, covers general insurance, claims handling, loss control services, and programme maintenance for Aster Group and its subsidiaries, commencing 31 July 2026.

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Lots (8)

  • Lot One

    £0Won by WILLIS LIMITED
  • Lot Two

    £0
  • Lot Three

    £0Won by JENSTEN INSURANCE BROKERS (LONDON & SE) LIMITED
  • Lot Four

    £0Won by ARTHUR J. GALLAGHER INSURANCE BROKERS LIMITED
  • Lot Five

    £0Won by ARTHUR J. GALLAGHER INSURANCE BROKERS LIMITED
  • Lot Six

    £0Won by ARTHUR J. GALLAGHER INSURANCE BROKERS LIMITED
  • Lot Seven

    £0Won by WILLIS LIMITED
  • Lot Eight

    £0

Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£14,100,000
Procedure
Competitive flexible procedure
Rules
Procurement Act 2023
SME suitable
Yes
Published
2 February 2026
Classification (CPV)
Financial and insurance servicesInsurance servicesProperty insurance servicesLiability insurance servicesGeneral liability insurance servicesProfessional liability insurance services

Award outcome

Award date
9 July 2026
Contract period
30 July 2026 → 30 July 2029
Contract length
3 years
Could run to
30 July 2031
Bids received
5
Winners
  • ARTHUR J. GALLAGHER INSURANCE BROKERS LIMITED
  • JENSTEN INSURANCE BROKERS (LONDON & SE) LIMITED
  • WILLIS LIMITED

This contract ends on 30 July 2029, or 30 July 2031 if every extension is used.

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Competition and scoring

Bids received

5

Open and restricted tenders in Financial and insurance services drew a median of 3 bids over the last 24 months; 21% received only one.

Who bid

  • WILLIS LIMITEDWinner
  • ADVISORY INSURANCE BROKERS LIMITED
  • ARTHUR J. GALLAGHER INSURANCE BROKERS LIMITEDWinner
  • Marsh Limited
  • ZURICH INSURANCE COMPANY LTD

How bids were scored

Price 100% · Quality 0%

  • Simple description100%

Price and cost criteria in black, quality in blue.

Market context

Typical award in Financial and insurance services

£120,000

Median of 2,335 awards in the last 24 months

ASTER GROUP LIMITED in the last 12 months

51

contracts awarded, worth £22,503,595 in total

See their procurement profile →

Recent awards in Financial and insurance services

The latest contracts other buyers awarded under the same classification.

Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    21 July 2026

  2. Contract Notice

    13 February 2026

  3. Prior Information Notice

    2 February 2026

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