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Open for bidsUnited KingdomServices£9,544,000Add to pipeline

Insurance Policies Tender 2026

London Borough of Bromley(buyer)

Published
Published 6 November 2026
Deadline
Deadline: 8 December 2026 (26 days left)
See 2 live opportunitiesHow Skim finds tendersView original notice ↗

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Overview

The London Borough of Bromley is inviting tenders for the provision of insurance policies, with an estimated total value of £9,544,000. The contract is divided into five lots covering Property, Combined Liability and Fidelity Guarantee, Motor Fleet, Personal Accident, Travel & School Journey, and Terrorism. Tenders must be submitted by 8 December 2026.

Contracting authority

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Reveal decision makers

Lots (5)

  • Property

    This covers damage to Council insured properties including loss of rental income and increased cost of working (business interruption)

    £3,520,000

  • Combined Liability and Fidelity Guarantee

    This covers a wide range of risks for personal injury and property damage that the public may be exposed to as a result of Council negligence.

    £4,992,000

  • Motor Fleet

    This is a legally required policy and includes the Council's fleet vehicles, minibuses and staff leased cars.

    £456,000

  • Personal Accident, Travel & School Journey

    This is a group benefit policy for Council employees who sustain injuries due to a work accident. It also provides cover for any Council employees undertaking overseas travel. This is a group travel policy for children's services

    £136,000

  • Terrorism

    This provides the same cover as the above property policy on a first loss basis, for any act of terrorism or sabotage.

    £440,000

Key details

Country
United Kingdom
Status
Open for bids
Category
Services
Estimated value
£9,544,000
Procedure
Open procedure
Rules
Procurement Act 2023
Published
6 November 2026
Questions by
23 November 2026
Deadline
8 December 2026
Classification (CPV)
Insurance services

Competition and scoring criteria

Expected competition

3

Median bids on comparable tenders

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

How bids will be scored

Price 60% · Quality 40%

  • Quality40%
  • Price60%

Price and cost criteria in black, quality in blue.

Market context

Typical award in Financial and insurance services

£120,000

Median of 2,338 awards in the last 24 months

London Borough of Bromley in the last 12 months

39

contracts awarded, worth £199,979,029 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

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  1. Contract Notice

    6 November 2026

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