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AWARD
Complete
Corporate Insurance Services
Published Today
13 Nov 2026
- Primary CPV
-
66510000 *
Insurance services
- Location
- 🇬🇧 Berkshire, Buckinghamshire and Oxfordshire, South East
- Value
- No value specified
- Contract
-
3 years Duration
01/04/2026 31/03/2029
- Contract Types
-
66 *Financial & insurance servicesFull CPV Breakdown
- SME suitable
- Not stated
Publisher Address
Bridge Street, Reading, RG1 2LU, United Kingdom · UKJ1
Contact
Award Criteria
Not specified
Related tenders
Reading Borough Council
All notices from this publisher Same CPV code
66510000 *
All notices with this CPV code
Reference: URN 25-S-051 RBC 00002404
The procurement is for insurance services across 6 different lots. The Council operates an insurance programme that balances self-retained risk with external insurance policy protection which is reviewed at each annual renewal.
The Council's current insurance contracts are due to expire on 31st March 2026.
The main objective of this project is centred around securing comprehensive and cost-effective protection for the Council's assets, operations, and liabilities. A key aim is to ensure that the insurance coverage is tailored to the council's specific risk profile, including areas such as property, motor, liability, and engineering. This helps safeguard public services and infrastructure while ensuring residents and stakeholders are adequately protected. The tender process also seeks to attract competitive bids from insurers, enabling the Council to maintain broad coverage at a sustainable cost
Full CPV breakdown
- 66510000 — Insurance services (primary)
Notice details
- Buyer type
- Local authority
- Competition
- Open competition (any supplier can bid)
- Contract type
- Services
- Winning supplier
- SME
- Lots
- 6
- Procurement method
- Open procedure
- Main category
- Services
- Legal basis
- UKPGA 2023/54
- Notice status
- Complete
- Award status
- Active
- Number of lots
- 6
- Language
- EN
- Published
- 13 Nov 2026 10:58
- OCID
- ocds-h6vhtk-05d53d
- Notice ID
- URN 25-S-051 RBC 00002404
Organisations on this notice
Supplier Large
The Zurich Centre, 3000 Parkway, Fareham, PO15 7JZ, United Kingdom
en•••••
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GB-COH 02741053
Supplier SME
The Walbrook Building, London, EC4N 8AW, United Kingdom
LS•••••
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GB-COH 02989025
Lots (6)
Lot 1
· Complete
Lot 2
· Complete
Lot 3
· Complete
Lot 4
· Complete
Lot 5
· Complete
Lot 6
· Complete
Full notice record
142 detailsEverything the publisher included in this notice, organised by section. Contact details hidden: upgrade to Pro to see
Organisations
| Party 1 › Name | Reading Borough Council |
| Party 1 › Address › Street | Bridge Street |
| Party 1 › Address › Town / city | Reading |
| Party 1 › Address › Postcode | RG1 2LU |
| Party 1 › Address › Country | GB |
| Party 1 › Address › Country | United Kingdom |
| Party 1 › Address › Region (NUTS) | UKJ11 |
| Party 1 › Role | buyer |
| Party 1 › Link | https://www.reading.gov.uk/ |
| Party 1 › Classification › Description | Public authority - sub-central government |
| Party 2 › Name | ZURICH MANAGEMENT SERVICES LIMITED |
| Party 2 › Address › Street | The Zurich Centre, 3000 Parkway |
| Party 2 › Address › Town / city | Fareham |
| Party 2 › Address › Postcode | PO15 7JZ |
| Party 2 › Address › Country | GB |
| Party 2 › Address › Country | United Kingdom |
| Party 2 › Address › Region (NUTS) | UKJ36 |
| Party 2 › Role | supplier |
| Party 2 › Link | https://www.zurich.co.uk/engineering |
| Party 2 › Business size | large |
| Party 2 › VCSEs | No |
| Party 2 › Public service mission organisation | No |
| Party 2 › Sheltered workshop | No |
| Party 3 › Name | RISK MANAGEMENT PARTNERS LTD. |
| Party 3 › Address › Street | The Walbrook Building |
| Party 3 › Address › Town / city | London |
| Party 3 › Address › Postcode | EC4N 8AW |
| Party 3 › Address › Country | GB |
| Party 3 › Address › Country | United Kingdom |
| Party 3 › Address › Region (NUTS) | UKI31 |
| Party 3 › Role | supplier |
| Party 3 › Link | http://www.rmpartners.co.uk |
| Party 3 › Business size | sme |
| Party 3 › VCSEs | No |
Buyer
| Name | Reading Borough Council |
Tender
| Title | Corporate Insurance Services |
| Status | complete |
| Procedure type | open |
| Procedure | Open procedure |
| Lot › Lot 1 › Status | complete |
| Lot › Lot 2 › Status | complete |
| Lot › Lot 3 › Status | complete |
| Lot › Lot 4 › Status | complete |
| Lot › Lot 5 › Status | complete |
| Lot › Lot 6 › Status | complete |
| Document › Document type | Conflict of interest |
| Document › Description | Not published |
Awards
| Award 1 › Status | active |
| Award 1 › Category | services |
| Award 1 › Supplier › Name | ZURICH MANAGEMENT SERVICES LIMITED |
| Award 1 › Item › Item 1 › CPV › Description | Insurance services |
| Award 1 › Item › Item 1 › Delivery › Region (NUTS) | UKJ1 |
| Award 1 › Item › Item 1 › Delivery › Country | GB |
| Award 1 › Item › Item 1 › Delivery › Country | United Kingdom |
| Award 1 › Item › Item 2 › CPV › Description | Insurance services |
| Award 1 › Item › Item 2 › Delivery › Region (NUTS) | UKJ1 |
| Award 1 › Item › Item 2 › Delivery › Country | GB |
| Award 1 › Item › Item 2 › Delivery › Country | United Kingdom |
| Award 1 › Item › Item 3 › CPV › Description | Insurance services |
| Award 1 › Item › Item 3 › Delivery › Region (NUTS) | UKJ1 |
| Award 1 › Item › Item 3 › Delivery › Country | GB |
| Award 1 › Item › Item 3 › Delivery › Country | United Kingdom |
| Award 2 › Status | active |
| Award 2 › Category | services |
| Award 2 › Supplier › Name | ZURICH MANAGEMENT SERVICES LIMITED |
| Award 2 › Item › CPV › Description | Insurance services |
| Award 2 › Item › Delivery › Region (NUTS) | UKJ11 |
| Award 2 › Item › Delivery › Country | GB |
| Award 2 › Item › Delivery › Country | United Kingdom |
| Award 3 › Status | active |
| Award 3 › Category | services |
| Award 3 › Supplier › Name | RISK MANAGEMENT PARTNERS LTD. |
| Award 3 › Item › Item 1 › CPV › Description | Insurance services |
| Award 3 › Item › Item 1 › Delivery › Region (NUTS) | UKJ11 |
| Award 3 › Item › Item 1 › Delivery › Country | GB |
| Award 3 › Item › Item 1 › Delivery › Country | United Kingdom |
| Award 3 › Item › Item 2 › CPV › Description | Insurance services |
| Award 3 › Item › Item 2 › Delivery › Region (NUTS) | UKJ11 |
| Award 3 › Item › Item 2 › Delivery › Country | GB |
| Award 3 › Item › Item 2 › Delivery › Country | United Kingdom |
Contracts
| Contract 1 › Status | active |
| Contract 1 › Contract period › Start | 1 Apr 2026 |
| Contract 1 › Contract period › End | 31 Mar 2029 |
| Contract 1 › Contract period › Can be extended to | 31 Mar 2033 |
| Contract 1 › Can be renewed | Yes |
| Contract 1 › Renewal › Description | The Open ITT outlined that this will be a 3 year initial contract with +2 year and + 2 year extension provision. This will be based on KPIs being achieved, with annual reviews and engagement with the provider. |
| Contract 1 › Value › Value incl. VAT | £5,500,000 |
| Contract 1 › Value › Currency | GBP |
| Contract 1 › Above threshold | Yes |
| Contract 1 › Signed | 1 Apr 2026 |
| Contract 1 › Agreed Metrics › Agreed Metric 1 › Title | Settling Claims Within Required Timeframe |
| Contract 1 › Agreed Metrics › Agreed Metric 1 › Observations › Contract period › Duration In Months | 6 |
| Contract 1 › Agreed Metrics › Agreed Metric 2 › Title | Appointment of loss adjusters |
| Contract 1 › Agreed Metrics › Agreed Metric 2 › Observations › Contract period › Duration In Months | 6 |
| Contract 1 › Agreed Metrics › Agreed Metric 3 › Title | Reporting |
| Contract 1 › Agreed Metrics › Agreed Metric 3 › Observations › Contract period › Duration In Months | 3 |
| Contract 1 › Document › Document type | Contract notice |
| Contract 1 › Document › Description | Contract details notice on Find a Tender |
| Contract 1 › Document › Link | https://www.find-tender.service.gov.uk/Notice/107887-2026 |
| Contract 1 › Document › Published | 13 Nov 2026 |
| Contract 2 › Title | Lot 2 Industrial & Commercial Property |
| Contract 2 › Status | active |
| Contract 2 › Contract period › Start | 1 Apr 2026 |
| Contract 2 › Contract period › End | 31 Mar 2029 |
| Contract 2 › Contract period › Can be extended to | 31 Mar 2033 |
| Contract 2 › Can be renewed | Yes |
| Contract 2 › Renewal › Description | Initial 3 year contract with + 2 year and + 2 year options to extend based on supplier achieving good performance through life cycle of the contract |
| Contract 2 › Value › Value incl. VAT | £730,000 |
| Contract 2 › Value › Currency | GBP |
| Contract 2 › Above threshold | No |
| Contract 2 › Signed | 1 Apr 2026 |
| Contract 2 › Agreed Metrics › Agreed Metric 1 › Title | Regular Reporting |
| Contract 2 › Agreed Metrics › Agreed Metric 1 › Observations › Contract period › Duration In Months | 3 |
| Contract 2 › Agreed Metrics › Agreed Metric 2 › Title | Remains within cost |
| Contract 2 › Agreed Metrics › Agreed Metric 2 › Observations › Contract period › Duration In Months | 6 |
| Contract 2 › Agreed Metrics › Agreed Metric 3 › Title | Claims Handling within specified timelines |
| Contract 2 › Agreed Metrics › Agreed Metric 3 › Observations › Contract period › Duration In Months | 6 |
| Contract 2 › Document › Document type | Contract notice |
| Contract 2 › Document › Description | Contract details notice on Find a Tender |
| Contract 2 › Document › Link | https://www.find-tender.service.gov.uk/Notice/107887-2026 |
| Contract 2 › Document › Published | 13 Nov 2026 |
| Contract 3 › Title | Lots 5 & 6 |
| Contract 3 › Status | active |
| Contract 3 › Contract period › Start | 1 Apr 2026 |
| Contract 3 › Contract period › End | 31 Mar 2029 |
| Contract 3 › Contract period › Can be extended to | 31 Mar 2033 |
| Contract 3 › Can be renewed | Yes |
| Contract 3 › Renewal › Description | Initial contract for 3 years with extension capability at + 2 years and + 2 years |
| Contract 3 › Value › Value incl. VAT | £450,000 |
| Contract 3 › Value › Currency | GBP |
| Contract 3 › Above threshold | No |
| Contract 3 › Signed | 1 Apr 2026 |
| Contract 3 › Agreed Metrics › Agreed Metric 1 › Title | Regular reporting on performance |
| Contract 3 › Agreed Metrics › Agreed Metric 1 › Observations › Contract period › Duration In Months | 3 |
| Contract 3 › Agreed Metrics › Agreed Metric 2 › Title | Claims Handling within specified timelines |
| Contract 3 › Agreed Metrics › Agreed Metric 2 › Observations › Contract period › Duration In Months | 6 |
| Contract 3 › Agreed Metrics › Agreed Metric 3 › Title | Within the required cost envelope |
| Contract 3 › Agreed Metrics › Agreed Metric 3 › Observations › Contract period › Duration In Months | 12 |
| Contract 3 › Document › Document type | Contract notice |
| Contract 3 › Document › Description | Contract details notice on Find a Tender |
| Contract 3 › Document › Link | https://www.find-tender.service.gov.uk/Notice/107887-2026 |
| Contract 3 › Document › Published | 13 Nov 2026 |