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One or more suppliers on this contract have also made political donations. See supplier details below.
London Universities Purchasing Consortium (LUPC) is undertaking this tendering process for Financial Lines Insurance Services commencing 1 August 2025 across three lots made up of Management Liability, Crime and Professional Indemnity. Offers are invited on behalf of one of more lots. The Agreement is being tendered on behalf of the LUPC Insurance Group, a collaborative group of 27 participating institutions from the following purchasing organisations - London Universities Purchasing Consortium: http://www.lupc.ac.uk/list-of-members.html; Southern Universities Purchasing Consortium: http://www.supc.ac.uk/engage/our-members/our-members; and is also available to members of North East Universities Purchasing Consortium (NEUPC): http://www.neupc.ac.uk/our-members; and North West Universities Purchasing Consortium (NWUPC): http://www.nwupc.ac.uk/our-members. It should be noted that (1) LUPC is not seeking any broker services through this procurement; (2) stated inc. VAT values are inc. IPT (Insurance Premium Tax) and that (3) preliminary market engagement was undertaken in late January 2025, prior to commencement of the Procurement Act 2023.
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| ARTHUR J. GALLAGHER (UK) LIMITED | 01193013 | ~£0 estimated from lot values | 1 lot Professional Indemnity | - |
| RISK MANAGEMENT PARTNERS LTD. | 02989025 | ~£0 estimated from lot values | 1 lot Management Liability | - |
| ZURICH INSURANCE COMPANY LTD | BR000105 | ~£0 estimated from lot values | 1 lot Crime | DONOR£2K across 1 donation To: Ms Kim Leadbeater LOBBYIST Policy Connect Limited (14 quarters) |
This procurement was divided into 3 lots, each awarded separately. 14 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot 1 Management Liability Aug 2025 – Aug 2028 | £2,200,000 | 5 | pending | |
| Lot 2 Crime Aug 2025 – Aug 2028 | £5,400,000 | 5 | pending | |
| Lot 3 Professional Indemnity Aug 2025 – Aug 2028 | £21,800,000 | 4 | pending |
Weightings from the notice, applied to every lot.
Government spending data: These suppliers have received £70,971,482 in 709 payments (over £25k) from Greater Manchester Police, Lancashire Constabulary, Derbyshire Constabulary, North Wales Police, West Yorkshire Police and 14 more public bodies (2014-05-09 to 2026-03-30).