Official UK procurement notice
Corporate Property, Liability and Terrorism insurance for the Insurance London Consortium (ILC)
Authority: London Borough of Croydon (Local council)·On behalf of: AON UK LIMITED
What is being bought3 lots · detail below
Published requirement descriptionThe procurement of Corporate Property, Liability and Terrorism insurance for
the Insurance London Consortium (ILC):
London Borough of Croydon
London Borough of Camden
London Borough of Haringey
London Borough of Harrow
London Borough of Islington
London Borough of Lambeth
London Borough of Tower Hamlets
The procurement is divided into the following 3 lots:
Lot 1 - Property
Lot 2 - Terrorism
Lot 3 - Casualty
The Authorities intend to award a contract for a period of five (5) years.
Contracting Authority: London Borough of Croydon, Bernard Weatherill House, 8 Mint Walk, Croydon CR0 1EA on behalf of;
London Borough of Camden
London Borough of Haringey
London Borough of Harrow
London Borough of Islington
London Borough of Lambeth
London Borough of Tower Hamlets
CPV: Financial and insurance services
Lots and requirements (3)Procurement structure
3 lots · all with a published value (£44,100,000 together) · same evaluation weights on every lotLot #1PropertyPublished value£28,700,000
- Lot 1 - Property Insurance - Insurer led bids only
Provision of property damage insurance covering, as appropriate, buildings, contents, infrastructure, plant and equipment and other assets owned, leased or managed by consortium members. Cover shall include material damage risks and associated business interruption or loss of revenue where applicable.
Lot #2Terrorism InsurancePublished value£1,700,000
- Lot 2 - Terrorism Insurance - Broker led bids accepted
Provision of terrorism insurance protecting insured property and associated financial losses arising from acts of terrorism, including physical damage and any applicable consequential losses. Tenderers should detail the scope of cover, limits, exclusions and any arrangements involving Pool Re or equivalent terrorism reinsurance facilities.
Lot #3Casualty InsurancePublished value£13,700,000
- Lot 3 - Casualty Insurance - Insurer led bids only
Provision of casualty insurance programmes comprising, where required:
o Public Liability
o Employers' Liability
o Products Liability
o Officials' and Members' Liability
o Professional Indemnity (where applicable)
o Abuse and Molestation Liability (where applicable)
o Other related liability covers identified within the Schedule of Requirements.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published award criteria (2)
- Price
- Quality
No conditions of participation were published on the notice; check the tender documents.
- Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.
- Turnover usually expected: about £679,256 – ~£11,467,433 per lot (twice each lot's annual value).
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula. Turnover is an indicative market norm (≈2× annual value), not a published condition.
Competition analysis · published record, not a forecast of who will bid
How London Borough of Croydon buys Financial and insurance services (CPV 66), and who usually turns up
London Borough of Croydon’s own published record, next to the published market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Financial and insurance services (CPV 66) →
How the contest usually goes
Winner shares use published awards; bid and price charts use contested lots.
i
How often small and medium firms win.
Share of awards where the winner’s size is known.
The counts under this question show how many awards have a known supplier size.
Small firms have won here. Neither number says whether you qualify; it describes who has been winning.
i
How often local firms win similar work.
Winners with a registered address in the delivery region, out of awards with a known address.
A local branch does not count if the registered address is elsewhere.
Most of this buyer’s recorded winners are registered in the delivery region.
i
How long buyers here take to decide after bids close.
Middle value in days from the deadline to the first award notice, on competitions that published both dates.
Only decided tenders count, so slow ones still waiting are not in.
Half of these awards were announced within 95 days of the bid deadline.
i
How often work is awarded with no recorded rival.
Direct awards and tenders where every published lot count shows one bid.
The buyer’s share is a minimum: some awards have no bid count.
Thin markets produce this too; it is not proof of a tailored specification.
Direct awards or one recorded bid are common here. Check the route before spending time on a bid.
How many bids did past lots attract?
i
How many bids past lots received.
Each colour is a bid-count range. Only competed lots with a published count are included.
Past bids do not predict this tender.
1 bid7%
2–341%
4–633%
7+19%
How did awards compare with estimates?
i
Where winning prices landed against estimates.
Each colour shows awards below, close to or above the published estimate, one lot at a time.
Past prices are a guide, not a bid price.
Below estimate40%
Within ±2%47%
Above estimate13%
Assess each lot i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list
Lot #1PropertyCPV 66000000Published estimate£29m
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative.
A forecast, not a list of bidders.
1 bid5%
2–327%
4–623%
7+45%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
Based on 66 comparable awards. Each lot reflects its own category; forecasts for different lots of the same notice are not comparative.
A statistical guide from past awards, not a price to bid.
Middle 50%£26m–£29m
Estimate£29m
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
| Supplier | This buyer’s earlier contract | Lot | Award value | Why listed |
|---|---|---|---|---|
| Zurich MunicipalEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 4 Engineering: Camden, Croydon, Haringey, Harrow, Islington, Kingston, Lambeth, Sutton, Tower Hamlets | £6.2m | Matched as the earlier contract |
| Risk Management Partners LtdEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 3 Crime: Camden, Croydon, Haringey, Harrow, Islington, Kingston, Lambeth, Sutton, Tower Hamlets | £1.8m | Matched as the earlier contract |
| Arthur J. Gallagher (UK) LimitedEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 7 Property: Camden, Croydon, Lambeth | £6.2m | Matched as the earlier contract |
| PROTECTOR INSURANCE (UK)Earlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 2 Commercial: Camden, Croydon | £6.2m | Matched as the earlier contract |
| Protector Insurance with Maven TerrorismEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 7 Property: Islington, Tower Hamlets | £6.2m | Matched as the earlier contract |
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
| Supplier | Won in this category | Live contracts | Award vs estimate |
|---|---|---|---|
Zurich MunicipalLarge | £19m64 awards in 36m · last this month | 28 live · £27m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 4% below n=28 |
| £46m32 awards in 36m · last 5 months ago | 10 live · £45m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=15 | |
| £1.7m19 awards in 36m · last 1 months ago | 11 live · £3.0m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=2 | |
| £39m73 awards in 36m · last 7 months ago | 24 live · £21m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 8% below n=27 | |
Travelers Ins Co LtdLarge | — | None on file | 44% below n=1 |
Lot #2Terrorism InsuranceCPV 66000000Published estimate£1.7m
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative.
A forecast, not a list of bidders.
1 bid2%
2–328%
4–621%
7+49%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
Based on 66 comparable awards. Each lot reflects its own category; forecasts for different lots of the same notice are not comparative.
A statistical guide from past awards, not a price to bid.
Middle 50%£1.7m
Estimate£1.7m
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
| Supplier | This buyer’s earlier contract | Lot | Award value | Why listed |
|---|---|---|---|---|
| Zurich MunicipalEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 4 Engineering: Camden, Croydon, Haringey, Harrow, Islington, Kingston, Lambeth, Sutton, Tower Hamlets | £6.2m | Matched as the earlier contract |
| Risk Management Partners LtdEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 3 Crime: Camden, Croydon, Haringey, Harrow, Islington, Kingston, Lambeth, Sutton, Tower Hamlets | £1.8m | Matched as the earlier contract |
| Arthur J. Gallagher (UK) LimitedEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 7 Property: Camden, Croydon, Lambeth | £6.2m | Matched as the earlier contract |
| PROTECTOR INSURANCE (UK)Earlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 2 Commercial: Camden, Croydon | £6.2m | Matched as the earlier contract |
| Protector Insurance with Maven TerrorismEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 7 Property: Islington, Tower Hamlets | £6.2m | Matched as the earlier contract |
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
| Supplier | Won in this category | Live contracts | Award vs estimate |
|---|---|---|---|
Zurich MunicipalLarge | £19m64 awards in 36m · last this month | 28 live · £27m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 4% below n=28 |
| £46m32 awards in 36m · last 5 months ago | 10 live · £45m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=15 | |
| £1.7m19 awards in 36m · last 1 months ago | 11 live · £3.0m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=2 | |
| £39m73 awards in 36m · last 7 months ago | 24 live · £21m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 8% below n=27 | |
Travelers Ins Co LtdLarge | — | None on file | 44% below n=1 |
Lot #3Casualty InsuranceCPV 66000000Published estimate£14m
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative.
A forecast, not a list of bidders.
1 bid4%
2–335%
4–620%
7+40%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
Based on 66 comparable awards. Each lot reflects its own category; forecasts for different lots of the same notice are not comparative.
A statistical guide from past awards, not a price to bid.
Middle 50%£13m–£14m
Estimate£14m
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
| Supplier | This buyer’s earlier contract | Lot | Award value | Why listed |
|---|---|---|---|---|
| Zurich MunicipalEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 4 Engineering: Camden, Croydon, Haringey, Harrow, Islington, Kingston, Lambeth, Sutton, Tower Hamlets | £6.2m | Matched as the earlier contract |
| Risk Management Partners LtdEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 3 Crime: Camden, Croydon, Haringey, Harrow, Islington, Kingston, Lambeth, Sutton, Tower Hamlets | £1.8m | Matched as the earlier contract |
| Arthur J. Gallagher (UK) LimitedEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 7 Property: Camden, Croydon, Lambeth | £6.2m | Matched as the earlier contract |
| PROTECTOR INSURANCE (UK)Earlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 2 Commercial: Camden, Croydon | £6.2m | Matched as the earlier contract |
| Protector Insurance with Maven TerrorismEarlier contract | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC)notice published May 2023 | Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC): Lot 7 Property: Islington, Tower Hamlets | £6.2m | Matched as the earlier contract |
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
| Supplier | Won in this category | Live contracts | Award vs estimate |
|---|---|---|---|
Zurich MunicipalLarge | £19m64 awards in 36m · last this month | 28 live · £27m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 4% below n=28 |
| £46m32 awards in 36m · last 5 months ago | 10 live · £45m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=15 | |
| £1.7m19 awards in 36m · last 1 months ago | 11 live · £3.0m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=2 | |
| £39m73 awards in 36m · last 7 months ago | 24 live · £21m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 8% below n=27 | |
Travelers Ins Co LtdLarge | — | None on file | 44% below n=1 |
About this data
- Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
- Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
- Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
- Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.
What this replaces i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
42% title match.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
42% title match.
A past supplier may not bid again.
The prior contract this notice most likely re-tenders · matched by title and category (42% title match), the holder is not guaranteed to re-bid
Procurement of Corporate insurances on behalf of London Insurance Consortium (ILC) — held by Zurich Municipal and Zurich Municipal (+1 more); no contract end date published.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Open for tender
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 22 Apr 2026, 10:14 BST
- Last source update
- 28 Sept 2026, 17:50 BST
- Award evaluation window
- Submission end – 18 Jan 2027
- Authority reference
LBC/TN/834- FTS notice number
2026/S 000-091611- Latest notice
- Tender notice (UK4)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-068826Find a Tender
How to participate & submission route
Official notice Submit via In-tend- Requests to participate (first stage)
- —
- Tender submission deadline
- 6 Nov 2026, 12:00 GMT
- Clarification deadline
- —
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
22 Apr 2026 → 1 Apr 2027 · 7 dates- Planning notice published183 days ago22 Apr 2026, 10:14 BST
- Next notice expected52 days ago31 Aug 2026, 23:59 BST
- Market engagement37 days ago15 Sept 2026, 23:59 BST
Objectives of Market Engagement:
to provide insurers with a greater understanding of the consortium and it's risks
Indicative Engagement Dates:
September 2026
Location or Delivery Method (Virtual / In-person): combination
Insurer day:
Lots 1 and 2 Property and Casualty including Officials Indemnity and Professional Indemnity, insurer day in person 8th September
Lot 3 Terrorism - teams meeting to be held. Date TBC
Instructions for Participation
How to Participate:
contact Kirsteen Kett at Aon
Response Deadline:
31st May 2026
- Tender notice published24 days ago28 Sept 2026, 17:50 BST
- Today22 Oct 2026
- Submission deadlinein 15 days6 Nov 2026, 12:00 GMT
- Award decision expected byin 88 days18 Jan 2027, 23:59 GMT
- Contract startsin 160 days1 Apr 2027, 00:00 BST
Notice history
7 events · 4 releases on Find a Tender · since 22 Apr 2026- Pipeline notice published22 Apr 2026, 10:14 BSTUK1
- Pipeline notice published22 Apr 2026, 10:53 BSTUK1
- Preliminary market engagement notice published27 May 2026, 16:09 BSTUK2
- Tender notice published28 Sept 2026, 17:50 BSTUK4
- Published value published: £44,100,00028 Sept 2026, 17:50 BST
- Status changed to active28 Sept 2026, 17:50 BST
- Deadline published: 6 Nov 2026, 12:00 GMT28 Sept 2026, 17:50 BST
Published amendments (1)
Note the original notice contained a typographical error - the aggregate value is amended from £5m to £35m
Routine re-releases (4)
- 2026-04: 1 release · 22 Apr 2026
Commercial outcome & contract awards
Nothing awarded yet- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
8 public bodies on the noticeConsortium members and other public bodies
- AON UK LIMITEDProcuring entityFacilitator
- London Borough of CamdenContracting authorityPublic authority - sub-central government
- London Borough of HaringeyContracting authorityPublic authority - sub-central government
- London Borough of HarrowContracting authorityPublic authority - sub-central government
- London Borough of IslingtonContracting authorityPublic authority - sub-central government
- London Borough of LambethContracting authorityPublic authority - sub-central government
- London Borough of Tower HamletsContracting authorityPublic authority - sub-central government
Official documents & specifications (4)
Official links; attachments are not copiedNotices published for this procedure
- Tender notice Tender notice on Find a Tender
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender
- Pipeline notice Pipeline notice on Find a Tender
- Pipeline notice Pipeline notice on Find a Tender