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Paradigm Housing Group Limited are looking to appoint one or more providers to deliver Insurance and related services for Residential Property and other general (non-life) insurable risks.
The programme will require Property Insurance and related services for ten large residential properties and may include but not be limited to: property damage and related business interruption (Lots 1 and 2), and possibly property owners liability (optional Lot 3). This list is to be decided at the sole discretion of Paradigm Housing Group Limited.
Suppliers will be required to have the financial ability to deliver the programme, including Insurers with a minimum rating of ‘BBB’ from standard and poor, 'B++' from AM Best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In the case of any rating less than A-, the contracting authority will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the ITT bid deadline of the bidder’s market security committee’s latest report, including written recommendation from the bidder’s market security committee.
Suppliers will be assessed but not limited to the following high level criterion:
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-Buckinghamshire:-Insurance-services./6VP9Y2N7FY
To respond to this opportunity, please click here:
No supplier information available.
This procurement was divided into 3 lots, each awarded separately.
| Lot | Value | Status |
|---|---|---|
| Lot 1 Excess-value Property Insurance and related services, as required by Paradigm Housing Group Dec 2025 – Dec 2028 | £215,000 | active |
| Lot 2 FLEA perils Excess in-fill cover for 10 blocks of residential property as required by Paradigm Housing Group Limited Dec 2025 – Dec 2028 | £385,000 | active |
| Lot 3 Optional Lot for primary Property insurance cover for 10 blocks of residential property, as required by Paradigm Housing Group Limited Dec 2025 – Dec 2028 | £400,000 | active |
Weightings from the notice, applied to every lot.