Contracts FinderAwarded contract
Published 4 Oct 2023

Contracts Finder notice

Loss Adjuster

Authority: Pool Reinsurance Company Limited

Negotiated procedure without prior publication (above threshold)
CPV: Insurance claims adjustment services (66518300)
Published contract value£36,000Exc. VAT
Contract ends 7 Apr 2027
Contract starts 8 Apr 2024

What is being bought

Published requirement description

The primary function of Pool Re is to pay eligible claims to its members ("Members") following a terrorism event. To ensure that Pool Re performs its role in an accurate, timely and cost- effective manner and to prevent any reputational damage, Pool Re must be ready to respond to incidents as they occur, whether it is a small, isolated incident or a catastrophic event.

Should a large loss event occur, the volume of claims and referrals that would be received from Pool Re Members would be extremely large.

To ensure that the claims and referrals are reviewed promptly, there may be a requirement for additional loss adjusting resource at Pool Re, subject to the size of the relevant loss event.

If required, the additional resource provided by the Supplier will assist the Pool Re Claims Manager in reviewing claims above individual Members' Large Loss limits, review, collate and calculate the erosion of Members' retentions and ensure the service provided to Members and other stakeholders is of the highest standard.

Published procurement details

Procedure
Negotiated procedure without prior publication (above threshold)
Buyer reference
tender_391872/1342409
Category
Services
Tender status
Complete
Award status
Active
Suitable for SMEs
Yes
Suitable for voluntary, community and social enterprises
No
Published tender value
£60,000.00
Tender deadline
Published
Procurement method
Limited
Item 1: Delivery locations as published

London, United Kingdom; British Oversea Territories; Channel Islands; Europe; Isle of Man; Rest of the World; United Kingdom

Key dates

Published dates
  1. Notice published
    4 Oct 2023
  2. Award decision
    8 Apr 2024
  3. Contract starts
    8 Apr 2024
  4. Contract ends
    7 Apr 2027

Contracting authority & participating public bodies

Suppliers named on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure

Source record

Source
Contracts Finder
Notice language
en
Release reference
ocds-b5fd17-414097e1-87b8-49da-abc6-ef6d677406f4-2024-04-16T09:21:08+01:00
Published
4 Oct 2023
Latest update
16 Apr 2024
Procedure reference
ocds-b5fd17-414097e1-87b8-49da-abc6-ef6d677406f4
Contract reference
ocds-b5fd17-414097e1-87b8-49da-abc6-ef6d677406f4-1