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

Buyer
London Borough of Croydon
Value
£44,100,000
Closes
6 November 2026
Where
Croydon, London
Type
Open tender

In plain English

Eight London councils are buying corporate insurance for their buildings, staff and liability risks. They need property damage cover, terrorism insurance, and casualty/liability cover, split into three separate contracts. The contract runs for five years.

What the buyer wants

• Provide property damage insurance for buildings, contents and equipment owned or managed by the councils, including business interruption cover where needed • Provide terrorism insurance that covers physical damage and financial losses from terrorist acts, with clear detail on limits, exclusions and reinsurance arrangements • Provide casualty insurance including public liability, employers' liability, professional indemnity and officials' liability as required by the councils

Lots

Likely requirements

Our reading of the notice. Always check the tender documents.

This contract is only open to insurance companies and established insurance brokers: small independent tradespeople cannot bid. You must be a regulated financial services provider with substantial capacity and track record.

How to bid

This is an open tender: any eligible business can respond directly to the buyer by the deadline, with no framework membership needed.

How to write a tender response

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