Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Yorkshire Housing Limited

AI Summary

Yorkshire Housing Limited is seeking to secure comprehensive insurance and related risk‑management services for a broad portfolio of non‑life risks. The procurement will provide coverage and support for incidents that could threaten the organisation’s property, operations, and liabilities on behalf of both the company and its constituents.

The insurance programme will encompass a wide variety of potential exposures, including but not limited to property damage, business interruption, employer liability, public liability, product and property owner liability, business combined/office coverage, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee, crime, and employment practices liability. The specific categories and extent of coverage will be determined at the sole discretion of Yorkshire Housing Limited in accordance with its internal risk assessment and policy requirements.

All coverage and services must be delivered in accordance with UK statutory and regulatory standards, and the supplier shall provide the full range of agreed coverages as selected in the final scope.

Description

The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of Yorkshire Housing Limited.

Contract location: UK
Engagement process description
Yorkshire Housing Group ("YHG") is considering the procurement of its Insurance Programme, anticipated contract start date being 1st April 2027.
In advance of any formal procurement process, and in accordance with Section 17 (Preliminary Market Engagement) of the Procurement Act 2023, Yorkshire Housing intends to undertake a period of pre‐market engagement. The purpose of this engagement is to share early, high‐level thinking in relation to the proposed insurance tender and to seek feedback on how these initial ideas may be perceived by the insurance market, including considerations around market appetite, structure and deliverability.
Given current market dynamics, Yorkshire Housing is keen to engage with prospective insurers, as well as brokers, to ensure that discussions are conducted in a fair, transparent and proportionate manner and without conferring any unfair competitive advantage, in line with the principles of the Procurement Act 2023. As a result, we may reach out to insurers directly where we believe there are no exclusive agreements in place with brokers.
Those insurers and all other interested brokers and providers will then be invited by YHG to participate in a pre‐market engagement meeting.
Friday 21st August at 10.00am
YHG will present an overview of the business, strategic plans for the next 3-5 years, risk appetite and existing strategy. There will then follow the opportunity for questions during the allocated time (expected to be 30 mins including the presentation)
If, however, a further separate meeting is required for interested parties, YHG have also reserved 21st August and 24th August when individual meetings can take place. YHG would then further assess market capacity and appetite for the Business and any specific requirements that potential Bidders might have and which needs to be factored into the Tender process or the specification in due course.
Any meetings held during pre-engagement are not scored and do not form part of any competitive process that Yorkshire Housing decides to instigate following pre-engagement.
Please note that participation in this pre‐market engagement is entirely voluntary. It will not form part of any evaluation process, nor will it confer any advantage or disadvantage in any future procurement exercise. Yorkshire Housing also anticipates that there will be further engagement opportunities throughout the course of the eventual tender.
We would be grateful if you could respond at your earliest convenience with your nominated insurers.
Should you have any questions regarding the process or its alignment with procurement requirements, please do not hesitate to contact us.
Any pre-engagement meetings will be held online via Microsoft Teams

Lot: 1

Languages in which tenders or requests to participate may be submitted: En

Details

Status:
Forecast
Sectors:
66510000 - Insurance services
Place of origin:
United Kingdom of Great Britain and Northern Ireland
Places of performance:
United Kingdom of Great Britain and Northern Ireland
Deadline:
Mar 31, 2027, 11:00 PM
Contract duration:
Start date: 01 April 2027, End date: 31 March 2030
Contract type:
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