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AWARD Complete

Insurance Broker Services

Published 16 Jun 2026
16 Jun 2026

Primary CPV
66514130 *
Railway insurance services
Location
🇬🇧 Haringey and Islington, London
Value
No value specified
Contract
5 years Duration
01/07/2026 30/06/2031
Contract Types
66 *Financial & insurance services
Full CPV Breakdown
SME suitable
Not stated

Publisher Address

5th Floor, Kings Place, London, N1 9AG, United Kingdom · UKI43

Contact

Award Criteria

Not specified

Reference: 2025-12
Under its Concession Agreement with the DfT, London St. Pancras Highspeed (LSPH) is required to source a range of insurance policies. These policies must provide levels of cover which are specified in Schedule 5 (pages 150 - 157) of the Concession Agreement, which is available on LSPH's website at https://stpancras-highspeed.com/our-company/regulatory/regulatory-docs/ . LSPH is seeking to appoint an Insurance Broker to deliver its obligations at optimal cost, whilst minimising risk to LSPH. LSPH will be replacing its current Insurance Broker Services contract in July 2026. The contract will be for 5 years with an option to extend up to 3 more years, to deliver the services, to be defined in more detail in the ITT stage of this procurement - for those suppliers that are successful in the initial PSQ stage. The successful tenderer will ensure that all the required policies are placed for the initial annual insurance renewal date, which is 14th November 2026, and subsequent years thereafter.

Full CPV breakdown

  • 66514130 — Railway insurance services (primary)

Notice details

Buyer type
Utility
Competition
Open competition (any supplier can bid)
Contract type
Services
Winning supplier
Large company
Procurement method
Competitive flexible procedure
Main category
Services
Above threshold
Yes
Legal basis
UKPGA 2023/54
Notice status
Complete
Award status
Pending
Award date
11 Jun 2026
Standstill period ends
26 Jun 2026
Contract can be extended to
30 Jun 2034
Renewal
Internal contract performance review and assessment in advance of the end of the initial 5-year term and and subsequent annual assessments up to the maximum 8-year term.
Reserved / special regime
Utilities
Language
EN
Published
16 Jun 2026 12:19
OCID
ocds-h6vhtk-06708b
Notice ID
2025-12

Organisations on this notice

Supplier Large
1 Tower Place West, London, EC3R 5BU, United Kingdom
ps••••• Upgrade to Pro to see
GB-COH 01507274

Key dates

Future Signature Date
1 Jul 2026 · Scheduled

Everything the publisher included in this notice, organised by section. Contact details hidden: upgrade to Pro to see

Organisations

Party 1 › Name HS1 LIMITED (trading as London St. Pancras Highspeed)
Party 1 › Address › Street 5th Floor, Kings Place
Party 1 › Address › Town / city London
Party 1 › Address › Postcode N1 9AG
Party 1 › Address › Country GB
Party 1 › Address › Country United Kingdom
Party 1 › Address › Region (NUTS) UKI43
Party 1 › Role buyer
Party 1 › Classification › Description Private utility
Party 2 › Name Marsh Limited
Party 2 › Address › Street 1 Tower Place West
Party 2 › Address › Town / city London
Party 2 › Address › Postcode EC3R 5BU
Party 2 › Address › Country GB
Party 2 › Address › Country United Kingdom
Party 2 › Address › Region (NUTS) UKI31
Party 2 › Role supplier
Party 2 › Link http://www.marsh.com
Party 2 › Business size large
Party 2 › VCSEs No
Party 2 › Public service mission organisation No
Party 2 › Sheltered workshop No

Buyer

Name HS1 LIMITED (trading as London St. Pancras Highspeed)

Tender

Title Insurance Broker Services
Status complete
Procedure type open
Procedure Competitive flexible procedure
Special regime utilities
Lot › Status complete

Awards

Title Insurance Broker Services
Status pending
Date 11 Jun 2026
Value › Value incl. VAT £35,600,000
Value › Currency GBP
Category services
Above threshold Yes
Supplier › Name Marsh Limited
Item › CPV › CPV 1 › Description Railway insurance services
Item › CPV › CPV 2 › Description Insurance brokerage and agency services
Item › Delivery › Region (NUTS) UK
Item › Delivery › Country GB
Item › Delivery › Country United Kingdom
Standstill period › End 26 Jun 2026
Contract period › Start 1 Jul 2026
Contract period › End 30 Jun 2031
Contract period › Can be extended to 30 Jun 2034
Can be renewed Yes
Renewal › Description Internal contract performance review and assessment in advance of the end of the initial 5-year term and and subsequent annual assessments up to the maximum 8-year term.
Document › Document type Award notice
Document › Description Contract award notice on Find a Tender
Document › Link https://www.find-tender.service.gov.uk/Notice/056601-2026
Document › Published 16 Jun 2026
Assessment Summaries Date Sent 15 Jun 2026
Milestone › Type Future signature date
Milestone › Due 1 Jul 2026
Milestone › Status scheduled
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