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Insurance Services

ORBIT GROUP LIMITED Published 6 Jan 2026 Find a Tender

key details

Value£28,000,000 (£33,600,000 inc. VAT)
Statuscomplete
Category (CPV) 66000000
Deadline19 Sept 2025
Procedureopen
OCIDocds-h6vhtk-051555

Award

SupplierValueDateStatus
ZURICH INSURANCE COMPANY LTD £24,166,666 5 Nov 2025 cancelled

description

Orbit is seeking to source a suitable single provider/broker to cover and manage Orbit's Insurance requirements.

The provider should be able to cover at a minimum the insurance services marked with a * below and ideally, all lines of insurance. However, where this is not possible, options will be reviewed.

Tender submissions will be sought from service providers for Insurance Policies for Orbit to commence on 1st April 2026. Orbit requires the contract to be provided on a 3 + 2 + 2 year long term agreement with provision of a claim's performance bonus or risk management fund for Orbit.

The policy will then renew annually from 1st April every subsequent year of cover. All full premiums are required to be quoted on an annual basis, confirm where rates are guaranteed and for how long, be net of commission and all discounts, IPT and VAT where applicable must be shown separately but also included. Any brokerage fees should be noted separately but also included. Any commissions or brokerage fees should be made explicitly clear and subject to prior agreement of Orbit.

Insurance services should cover the following:

*General Rented Property
*Leasehold/Shared Ownership/RTB/Private Leasehold Retirement
*Commercial and Office Buildings
*Landlord Contents
*Newbuild awaiting sale
*Private Rented
*Works in Progress
*Business Interruption
*All Risk (specified equipment)
*Money
*Public and Product Liability including Financial Loss Extension (Asbestos cover)
*Employers Liability (Asbestos cover)
*Motor Fleet & Legal Protection
*Terrorism
*Commercial Property Owners
Libel and Slander
Professional Negligence
Group Personal Accident
Computers
Contract All Risks, Works
Contractors Plant
Travel
Fidelity Guarantee
Cyber
Directors & Officers Liability

documents

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notice history

6 notices published against this procurement.

PublishedTypeRegimeNotice
16 May 2025 Pipeline notice (UK1) Procurement Act 2023 022041-2025
7 Jul 2025 Planned procurement (UK3) Procurement Act 2023 037746-2025
25 Jul 2025 Tender notice (UK4) Procurement Act 2023 043259-2025
8 Dec 2025 Contract award (UK6) Procurement Act 2023 080596-2025
8 Dec 2025 Procurement termination (UK12) Procurement Act 2023 080660-2025
6 Jan 2026 Contract award (UK6) Procurement Act 2023 000582-2026

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source

Published on Find a Tender. Contact details for named individuals are not reproduced on this site.