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active
Official procurement procedure

Insurance Broker Services

Insurance brokerage and agency services
Location not published
Official notice
Published value
£3,000,000
Submission deadline 11 May 2026, 13:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: MAG AIRPORT LIMITED: "Insurance Broker Services". Published status: active. Published value: £3,000,000. 1 published lot. Recorded submission deadline: 11 May 2026, 13:00 BST. See the official notice for participation instructions.
Contracting AuthorityMAG AIRPORT LIMITEDScope & CategoriesNot publishedSubmission Window
Closed
11 May 2026, 13:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£3,000,000
Bidder Intelligence · Authority Profile: MAG AIRPORT LIMITED
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for MAG AIRPORT LIMITED. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
4.6Bids / Report
8.6% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 33 active published awards; 35 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityMAG AIRPORT LIMITED
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published14 Apr 2026, 17:53 BST
Last source update14 Apr 2026, 17:53 BST
Recurring procurementNot published
ClassificationInsurance brokerage and agency services
Delivery areaLocation not published
OCIDocds-h6vhtk-06823c
What is being bought
Manchester Airports Group (MAG) is seeking a long-term Insurance Broker Partner. MAG operates within a complex commercial and regulatory environment while maintaining a diverse, evolving risk profile. Effective insurance arrangements are essential to supporting operational continuity, financial resilience, and MAGs wider strategic objectives. Key policies taken out by MAG annually include: • Property Damage and Business Interruption • Airport Owners and Operators Liability • Cyber • Motor • Employers Liability • Directors and Officers Liability • Engineering Inspection and Insurance • A portfolio of insurance for the CAVU business Insurance brokers play a critical role in advising on risk transfer strategy, insurance programme design, placement of cover, insurer engagement, and claims management. Given the specialist nature of these services and the importance of robust governance and market expertise, MAG requires access to suitably experienced, financially stable, and professionally accredited insurance brokers. MAGs current insurance brokerage arrangements are approaching expiry. In addition, ongoing changes within the insurance market, including pricing volatility, insurer capacity constraints, and increased regulatory and governance expectations, necessitate a formal competitive procurement process.
What changed
From the official release history
  1. Official notice release published
    14 Apr 2026, 17:53 BST
  2. Published value updated to £3,000,000
    14 Apr 2026, 15:43 BST
  3. Status changed to active
    14 Apr 2026, 15:43 BST
  4. Official notice release published
    14 Apr 2026, 15:43 BST
  5. Buyer information updated
    14 Apr 2026, 15:43 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£3,000,000
    The source published no individual title or description for this lot.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    14 Apr 2026, 17:53 BST
  2. Submission deadline
    11 May 2026, 13:00 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

MAG AIRPORT LIMITED

Contracting authority GB-COH-11748654
View buyer profile

  • MAG AIRPORT LIMITED
    buyer

    GB-COH: 11748654 · GB-PPON: PHNZ-5718-LHXL
    6th Floor, Olympic House, Manchester, UKD33, M90 1QX, GB
    hannah.durman@magairports.com
Documents (2)
Official links; attachments are not copied
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleMAG maintains relationships with all major brokers though regular dialogue and engagement in webinars and events hosted by the brokers. MAG colleagues discuss no confidential or commercial detail with officers of non-incumbent brokers. MAG colleagues liaise with brokers to discuss market trends, new innovation and MAG's own focus in transferring risk to the insurance market.
Procedure rationaleNot published