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One or more suppliers on this contract have also made political donations. See supplier details below.
We are seeking tender submissions for annual policies, which commence on 1st April 2026 in the name of:
Reading Borough Council
CIVIC OFFICES, BRIDGE STREET, READING, BERKSHIRE RG1 2LU
Additional Insured Interests:
Brighter Futures for Children - a wholly owned Children Services Company - cease trading brought back into RBC 31 March 2026.
Whilst Homes for Reading are a wholly owned Company they are not included in the tender.
The Long Term Agreement shall contain a break clause in the event of any significant changes to the Authority introduced by Central Government or other bodies that would make the continuance of the Long Term Agreement unsuitable for the Authority.
In the event of an intended break in the Long Term Agreement the insurer must provide the Authority with 6 months' notice to enable the Authority to procure a suitable alternative. Please advise within your Tender Specification if this cannot be complied with.
The Authority allows a successful Tender to transfer the insurance policies placed as a result of this Tender to another insurer during the term of the LTA provided that the new insurer is in the same ultimate as the original one, the insurer credit rating is not adversely affected and the terms and conditions of the insurance remain the same.
Full details of the requirement can be found in the Specification document. The tender documents contain proposals for the works. Estimated contracted value is £8.5M over 3 years.
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| RISK MANAGEMENT PARTNERS LTD. | 02989025 | £450,000 | 1 lot Engineering | - |
| ZURICH INSURANCE COMPANY LTD | BR000105 | £6,230,000 | 2 lots Property · Commercial property | DONOR£2K across 1 donation To: Ms Kim Leadbeater LOBBYIST Policy Connect Limited (14 quarters) |
Taken from this notice, not from Companies House. Check the original notice — details change and are not updated here.
This procurement was divided into 6 lots, each awarded separately. 22 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot 1 Property Apr 2026 – Mar 2029 | £2,436,000 | 5 | pending | |
| Lot 2 Commercial property Apr 2026 – Mar 2029 | £320,000 | 4 | active | |
| Lot 3 Casualty Apr 2026 – Mar 2029 | £3,040,000 | 3 | - | complete |
| Lot 4 Motor Fleet Apr 2026 – Mar 2029 | £640,000 | 4 | - | complete |
| Lot 5 Engineering Apr 2026 – Mar 2029 | £224,000 | 3 | active | |
| Lot 6 Fidelity Guarantee / Crime Apr 2026 – Mar 2029 | £140,000 | 3 | - | complete |
Notices published under the Procurement Act 2023 name every bidder, including unsuccessful ones.
| Bidder | Bid on | Outcome |
|---|---|---|
| ZURICH INSURANCE COMPANY LTD | Lots 1, 3, 4 | Wonlots 1, 2 |
| RISK MANAGEMENT PARTNERS LTD. | Lots 1, 3, 4 | Wonlot 5 |
| AON UK LIMITED | Lots 3, 4 | Unsuccessful |
| AXA INSURANCE UK PLC | Lot 1 | Unsuccessful |
| PROTECTOR INSURANCE | Lot 1 | Unsuccessful |
| TRAVELERS INSURANCE COMPANY LIMITED | Lots 1, 4 | Unsuccessful |
The notice does not name the bidders for lots 2, 5, 6.
Weightings from the notice, applied to every lot.
Government spending data: These suppliers have received £6,356,921 in 51 payments (over £25k) from Metropolitan Police, Department for Transport, Greater Manchester Combined Authority, Ofsted, DEFRA and 1 more public bodies (2020-04-24 to 2025-09-16).