Captive Insurance Management Services

{
  "id": "018600-2026",
  "tag": [
    "tender"
  ],
  "date": "2026-03-02T15:58:06Z",
  "ocid": "ocds-h6vhtk-05e75f",
  "buyer": {
    "id": "GB-PPON-PNZN-9524-VCQJ",
    "name": "NETWORK RAIL INFRASTRUCTURE LIMITED"
  },
  "tender": {
    "id": "ocds-h6vhtk-05e75f",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 1925000,
          "currency": "GBP",
          "amountGross": 2310000
        },
        "status": "active",
        "renewal": {
          "description": "12 Months"
        },
        "hasRenewal": true,
        "awardCriteria": {
          "criteria": [
            {
              "name": "Technical (quality)",
              "type": "quality",
              "numbers": [
                {
                  "number": 75,
                  "weight": "percentageExact"
                }
              ]
            },
            {
              "name": "Commercial",
              "type": "price",
              "numbers": [
                {
                  "number": 25,
                  "weight": "percentageExact"
                }
              ]
            }
          ]
        },
        "contractPeriod": {
          "endDate": "2030-09-30T23:59:59+01:00",
          "startDate": "2026-10-01T00:00:00+01:00",
          "maxExtentDate": "2031-09-30T23:59:59+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "GG",
            "country": "GG",
            "countryName": "Guernsey"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66000000",
            "scheme": "CPV",
            "description": "Financial and insurance services"
          }
        ]
      }
    ],
    "title": "Captive Insurance Management Services",
    "value": {
      "amount": 1925000,
      "currency": "GBP",
      "amountGross": 2310000
    },
    "status": "active",
    "coveredBy": [
      "GPA",
      "CPTPP"
    ],
    "documents": [
      {
        "id": "conflictOfInterest",
        "description": "Not published",
        "documentType": "conflictOfInterest"
      },
      {
        "id": "018600-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/018600-2026",
        "format": "text/html",
        "noticeType": "UK4",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "datePublished": "2026-03-02T15:58:06Z"
      }
    ],
    "procedure": {
      "features": "Combined PSQ and ITT with Negotiation."
    },
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "recurrence": {
      "dates": [
        {
          "startDate": "2030-09-30T23:59:59+01:00"
        }
      ]
    },
    "awardPeriod": {
      "endDate": "2026-08-31T23:59:59+01:00"
    },
    "description": "Network Rail (NR) has a requirement to re-tender the contract for the Captive Insurance Management Services, which covers the following areas:\ni. Finance and Accounting\nii. Insurance Underwriting\niii. Insurance Claims Handling (for Permanent Total Disablement) and Management of Claims Funds\niv. Company Governance (including accounting) \nv. Administration \nvi. Financial Crime\nvii. Data Protection \nOFFICIAL\nviii. Company Secretarial",
    "tenderPeriod": {
      "endDate": "2026-04-07T23:59:00+01:00"
    },
    "enquiryPeriod": {
      "endDate": "2026-03-24T23:59:00+00:00"
    },
    "hasRecurrence": true,
    "specialRegime": [
      "utilities"
    ],
    "aboveThreshold": true,
    "submissionTerms": {
      "languages": [
        "en"
      ],
      "electronicSubmissionPolicy": "allowed"
    },
    "procurementMethod": "open",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "https://networkrail.bravosolution.co.uk\nProject Title: Customer Experience Programme Services \nProject_44875\nITT_19201",
    "procurementMethodDetails": "Competitive flexible procedure"
  },
  "parties": [
    {
      "id": "GB-PPON-PNZN-9524-VCQJ",
      "name": "NETWORK RAIL INFRASTRUCTURE LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI45",
        "country": "GB",
        "locality": "London",
        "postalCode": "SE1 8SW",
        "countryName": "United Kingdom",
        "streetAddress": "Waterloo General Office"
      },
      "details": {
        "url": "https://www.networkrail.co.uk/",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PNZN-9524-VCQJ",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "amerjeet.kaur@networkrail.com"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}

{
  "id": "076527-2025",
  "tag": [
    "planningUpdate"
  ],
  "date": "2025-11-24T14:38:51Z",
  "ocid": "ocds-h6vhtk-05e75f",
  "buyer": {
    "id": "GB-PPON-PNZN-9524-VCQJ",
    "name": "NETWORK RAIL INFRASTRUCTURE LIMITED"
  },
  "tender": {
    "id": "ocds-h6vhtk-05e75f",
    "lots": [
      {
        "id": "1",
        "status": "planning",
        "hasRenewal": true,
        "suitability": {
          "sme": true
        },
        "contractPeriod": {
          "endDate": "2030-09-30T23:59:59+01:00",
          "startDate": "2026-10-01T00:00:00+01:00",
          "maxExtentDate": "2031-09-30T23:59:59+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "GG",
            "country": "GG",
            "countryName": "Guernsey"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66510000",
            "scheme": "CPV",
            "description": "Insurance services"
          }
        ]
      }
    ],
    "title": "Captive Insurance Management Services",
    "value": {
      "amount": 1750000,
      "currency": "GBP",
      "amountGross": 2100000
    },
    "status": "planning",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "The captive requires a specialist Captive Manager for the provision of services to operate and fully manage the company on a cost effective, and regulatory compliant basis. \nThe required services broadly cover:\nI.\tFinance\nII.\tInsurance Underwriting (including direct writes and complex reinsurance arrangements)\nIII.\tInsurance Claims Handling (on a limited basis for Benefit Disablement policies)\nIV.\tCompany Governance (including accounting aligned to IFRS17 standards) \nV.\tAdministration \nVI.\tFinancial Crime\nVII.\tData Protection \nVIII.\tCompany Secretarial",
    "communication": {
      "futureNoticeDate": "2026-02-09T23:59:59+00:00"
    },
    "specialRegime": [
      "utilities"
    ],
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-PPON-PNZN-9524-VCQJ",
      "name": "NETWORK RAIL INFRASTRUCTURE LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI45",
        "country": "GB",
        "locality": "London",
        "postalCode": "SE1 8SW",
        "countryName": "United Kingdom",
        "streetAddress": "Waterloo General Office"
      },
      "details": {
        "url": "https://www.networkrail.co.uk/",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PNZN-9524-VCQJ",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "amerjeet.kaur@networkrail.com"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "076527-2025",
        "url": "https://www.find-tender.service.gov.uk/Notice/076527-2025",
        "format": "text/html",
        "noticeType": "UK2",
        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
        "datePublished": "2025-11-24T14:38:51Z"
      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "scheduled",
        "dueDate": "2025-12-10T23:59:59+00:00",
        "description": "Network Rail is conducting a Preliminary Market Engagement activity to assess the markets capability and appetite to deliver captive management services for the Network Rail Insurance Ltd (The Captive), our wholly owned subsidiary company regulated in Guernsey, and Tax domiciled in the UK. \nIndicative Scope of Services.\nThe captive requires a specialist Captive Manager for the provision of services to operate and fully manage the company on a cost effective, and regulatory compliant basis. \nThe required services broadly cover:\nI.\tFinance\nII.\tInsurance Underwriting (including direct writes and complex reinsurance arrangements)\nIII.\tInsurance Claims Handling (on a limited basis for Benefit Disablement policies)\nIV.\tCompany Governance (including accounting aligned to IFRS17 standards) \nV.\tAdministration \nVI.\tFinancial Crime\nVII.\tData Protection \nVIII.\tCompany Secretarial \nWe request your comprehensive feedback on the following questions which can be accessed via the following link: https://forms.office.com/Pages/ResponsePage.aspx?id=4cMswn9dTU--A9WhWMyUCWxW-vQrfhVCsEtb2F2HVmpUOFFHR1g5OVVZOEg5U0ROTjMwWkdLNTlJQS4u which aim to drive better outcomes (performance, risk management, compliance) and value for money (efficiency, cost control, innovation) for this critical service that is required to be based in Guernsey. \nProcurement Approach\nThe Procurement process is expected to commence in early February 2026 (estimated). This PME is for information purposes only; no tender documents are available at this stage. Interested suppliers are encouraged to express their interest for the forthcoming tender via the link:  https://forms.office.com/Pages/ResponsePage.aspx?id=4cMswn9dTU--A9WhWMyUCWxW-vQrfhVCsEtb2F2HVmpUOFFHR1g5OVVZOEg5U0ROTjMwWkdLNTlJQS4u \nSuppliers interested and wishing to participate in the forcoming tender are required to submit an Expression of Interest (EOI) no later than 10 December 2025. Please note that any supplier failing to respond by this date may, at the discretion of Network Rail, be excluded from the tender process. Further details will be provided in due course\nThis PME does not constitute a call for competition. \nAny procurement process will be published via Network Rail’s e-tendering portal Bravosolutions. Interested suppliers are encouraged to register on the Bravosolutions portal in order to access the tender when it is live. \nThe intent is to inform a potential future procurement exercise, which will be conducted in accordance with the Procurement Act 2023 (PA23). \nEstimated Contract Duration \nThe Initial Term of this Agreement shall be four (4) years commencing on 01 October 2026 and ending on 31 September 2030. Extension: The Agreement may be extended for one (1) additional year upon mutual written agreement by both parties, subject to the same terms and conditions unless otherwise agreed in writing."
      }
    ]
  },
  "initiationType": "tender"
}

{
  "id": "076458-2025",
  "tag": [
    "planning"
  ],
  "date": "2025-11-24T13:06:29Z",
  "ocid": "ocds-h6vhtk-05e75f",
  "buyer": {
    "id": "GB-PPON-PNZN-9524-VCQJ",
    "name": "NETWORK RAIL INFRASTRUCTURE LIMITED"
  },
  "tender": {
    "id": "ocds-h6vhtk-05e75f",
    "lots": [
      {
        "id": "1",
        "status": "planning",
        "hasRenewal": true,
        "suitability": {
          "sme": true
        },
        "contractPeriod": {
          "endDate": "2030-09-30T23:59:59+01:00",
          "startDate": "2026-10-01T00:00:00+01:00",
          "maxExtentDate": "2031-09-30T23:59:59+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "GG",
            "country": "GG",
            "countryName": "Guernsey"
          }
        ],
        "additionalClassifications": [
          {
            "id": "66510000",
            "scheme": "CPV",
            "description": "Insurance services"
          }
        ]
      }
    ],
    "title": "Captive Insurance Management Services",
    "value": {
      "amount": 1750000,
      "currency": "GBP",
      "amountGross": 2100000
    },
    "status": "planning",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "The captive requires a specialist Captive Manager for the provision of services to operate and fully manage the company on a cost effective, and regulatory compliant basis. \nThe required services broadly cover:\nI.\tFinance\nII.\tInsurance Underwriting (including direct writes and complex reinsurance arrangements)\nIII.\tInsurance Claims Handling (on a limited basis for Benefit Disablement policies)\nIV.\tCompany Governance (including accounting aligned to IFRS17 standards) \nV.\tAdministration \nVI.\tFinancial Crime\nVII.\tData Protection \nVIII.\tCompany Secretarial",
    "communication": {
      "futureNoticeDate": "2026-02-09T23:59:59+00:00"
    },
    "specialRegime": [
      "utilities"
    ],
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-PPON-PNZN-9524-VCQJ",
      "name": "NETWORK RAIL INFRASTRUCTURE LIMITED",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI45",
        "country": "GB",
        "locality": "London",
        "postalCode": "SE1 8SW",
        "countryName": "United Kingdom",
        "streetAddress": "Waterloo General Office"
      },
      "details": {
        "url": "https://www.networkrail.co.uk/",
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PNZN-9524-VCQJ",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "amerjeet.kaur@networkrail.com"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "076458-2025",
        "url": "https://www.find-tender.service.gov.uk/Notice/076458-2025",
        "format": "text/html",
        "noticeType": "UK2",
        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
        "datePublished": "2025-11-24T13:06:29Z"
      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "scheduled",
        "dueDate": "2025-12-10T23:59:59+00:00",
        "description": "Network Rail is conducting a Preliminary Market Engagement activity to assess the markets capability and appetite to deliver captive management services for the Network Rail Insurance Ltd (The Captive), our wholly owned subsidiary company regulated in Guernsey, and Tax domiciled in the UK. \nIndicative Scope of Services.\nThe captive requires a specialist Captive Manager for the provision of services to operate and fully manage the company on a cost effective, and regulatory compliant basis. \nThe required services broadly cover:\nI.\tFinance\nII.\tInsurance Underwriting (including direct writes and complex reinsurance arrangements)\nIII.\tInsurance Claims Handling (on a limited basis for Benefit Disablement policies)\nIV.\tCompany Governance (including accounting aligned to IFRS17 standards) \nV.\tAdministration \nVI.\tFinancial Crime\nVII.\tData Protection \nVIII.\tCompany Secretarial \nWe request your comprehensive feedback on the following questions which can be accessed via the following link: (https://forms.office.com/Pages/ResponsePage.aspx?id=4cMswn9dTU--A9WhWMyUCWxW-vQrfhVCsEtb2F2HVmpUOFFHR1g5OVVZOEg5U0ROTjMwWkdLNTlJQS4u), which aim to drive better outcomes (performance, risk management, compliance) and value for money (efficiency, cost control, innovation) for this critical service that is required to be based in Guernsey. \nProcurement Approach\nThe Procurement process is expected to commence in early February 2026 (estimated). This PME is for information purposes only; no tender documents are available at this stage. Interested suppliers are encouraged to express their interest for the forthcoming tender via the link: ( https://forms.office.com/Pages/ResponsePage.aspx?id=4cMswn9dTU--A9WhWMyUCWxW-vQrfhVCsEtb2F2HVmpUOFFHR1g5OVVZOEg5U0ROTjMwWkdLNTlJQS4u). \nSuppliers interested and wishing to participate in the forcoming tender are required to submit an Expression of Interest (EOI) no later than 10 December 2025. Please note that any supplier failing to respond by this date may, at the discretion of Network Rail, be excluded from the tender process. Further details will be provided in due course\nThis PME does not constitute a call for competition. \nAny procurement process will be published via Network Rail’s e-tendering portal Bravosolutions. Interested suppliers are encouraged to register on the Bravosolutions portal in order to access the tender when it is live. \nThe intent is to inform a potential future procurement exercise, which will be conducted in accordance with the Procurement Act 2023 (PA23). \nEstimated Contract Duration \nThe Initial Term of this Agreement shall be four (4) years commencing on 01 October 2026 and ending on 31 September 2030. Extension: The Agreement may be extended for one (1) additional year upon mutual written agreement by both parties, subject to the same terms and conditions unless otherwise agreed in writing."
      }
    ]
  },
  "initiationType": "tender"
}