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The contract is for the provision of property owners insurance from 3 May 2025 to 31 October 2025 for Denchi House, Thurso.
Considering the market’s appetite, our broker’s advice and previous experience, we consider that the competition is absent for technical reasons. As a result, a co-insurance approach has been considered appropriate for this particular insurance type.
The value stated in this notice includes IPT. The supplier stated in this contract award notice is the lead insurer.
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| AXA XL Insurance Company UK Limited | 05328622 | - | 1 lot Lot 1 | - |
This procurement was divided into 1 lots, each awarded separately. 1 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot 1 | £61,767 initial term | 1 single bid — no competition | AXA XL Insurance Company UK Limited | complete |