Procurement of Insurance Brokerage Services

March 20, 2024 Chief Executive (Officer) Approved View on council website
Full council record
Purpose

The Council’s current insurance
brokerage service contract expired on 30 September 2023.
Insurance Brokerage Services are essential to support the Council
in identifying and securing the necessary insurance covers needed
to protect the Council’s position etc. The service
requirements include the leading on the annual renewal process, the
cyclical insurance retender process and advising the council on
insurance matters during the interim periods.
It is proposed to enter into a 3 year agreement with AON UK Ltd
utilising a YPO Procurement Framework. AON UK Ltd are the current
providers with the new contract replicating the services provided
to the Council to date for a further 3 years.

Content

To enter into a 3 year contract with AON UK
Ltd for the supply of Insurance Brokerage Services for the period
up to 30 September 2026 via a direct award under the YPO
Procurement Framework 001160 at a total 3 year cost of
£20,525. (Year 1 £6,500, Year 2 £6,825 and Year 3
£7,200.

Details

OutcomeRecommendations Approved
Decision date20 Mar 2024