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Open tenders / Legal, finance & audit

Open tender · Notice 091611-2026

Corporate Property, Liability and Terrorism insurance for the Insurance London Consortium (ILC)

London Borough of Croydon

Value
£44.1m
Closes
6 Nov 2026 (22 days)
Where
London
Lots
3
Suitable for SMEs
Not stated
Contract
1 Apr 2027 – 31 Mar 2032

In plain English

London Borough of Croydon is running this tender on behalf of a group of seven London councils (the Insurance London Consortium) to buy Property, Terrorism and Casualty (Liability) insurance cover, with contracts running from 1 April 2027 to 31 March 2032. The total estimated value across the group is £44,100,000, split into 3 lots that can be bid for separately.

Good fit for: Insurance underwriters and brokers able to provide large-scale corporate property, liability and terrorism cover to public sector bodies.

The catch:
  • Very large contract value (£44,100,000) likely requiring substantial financial capacity
  • Covers seven separate London councils, so scale and claims-handling capability across multiple authorities needed
  • Five-year contract term requiring long-term underwriting commitment
  • Three separate lots (Property, Terrorism, Casualty) each needing specialist insurance expertise

Written with AI from the official notice. Check the notice before relying on it.

What the buyer says

The 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

Procedure: Open procedure (Open: anyone can bid, in one stage). Published 28 Sep 2026.

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