Decision details

To approve the award of contract for Insurance Policies (Property, Computer, Contract Works, Fidelity Guarantee, Liability, Motor Fleet, Group Personal Accident and Travel, Terrorism) for Surrey County Council and Surrey Choices Ltd

Part 2 annex 

1.         That the contracts be awarded to the suppliers in the following lots:

Lot 1 Property – Zurich Municipal,

Lot 2 Fidelity Guarantee – QBE Insurance (via Risk Management Partners),

Lot 3 Commercial Properties – Zurich Municipal,

Lot 4 Casualty – QBE Insurance (via Risk Management Partners),

Lot 5 Motor Fleet – Travelers,

Lot 6 Group Personal Accident and Travel – AIG (via Risk Management Partners),

Lot 7 Terrorism - Pool Reinsurance

2.    That the contracts be awarded for three years, with an option to extend for two further years for all lots.

Reasons for Decisions:

A full tender process, in compliance with the requirements of Public Contracts Regulations 2006 and the Council’s Procurement Standing Orders has been completed. The recommendations provide best value for money for insurance cover in association with the lots as listed for the Council following a thorough evaluation process.

[The decisions on this item can be called in by the Council Overview and Scrutiny Committee]