Provision of Insurance and Related Services to Yorkshire Housing
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Yorkshire Housing is seeking to appoint one or more providers to deliver a comprehensive programme of insurance and related services for general non-life insurable risks. The contract is divided into eight distinct lots: General Insurable Risks, Motor Risk, Engineering Insurance and Inspections, Cyber Risk, Terrorism and/or Political Violence (Pool Re), Terrorism and/or Political Violence (Non Pool Re), Directors' and Officers' Liability, and Alternative Risk Financing. The total estimated value of the procurement is 13,608,000 GBP, with an initial term running from April 1, 2027, to April 1, 2030, and a possible extension through March 31, 2032. The procurement follows a competitive flexible procedure consisting of a conditions of participation stage and three tendering stages, with the possibility of awarding a single supplier up to seven lots. To qualify, insurers must generally maintain a minimum rating of A- from Standard and Poor, AM Best, or an equivalent reputable agency, though the contracting authority may accept lower ratings at its sole discretion based on market security committee reports. Suppliers will be evaluated on their ability to provide a variety of cover options and their capacity to field a skilled service team specializing in client relationship management, claims management, underwriting, and risk management.
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