Awarded Contractocds-b5fd17-68ce24ab-6609-46ad-9f43-2c058a5ebcf5

Worldwide All Risks Insurance

The FCDO intends to fund insurance cover through a bespoke self-fund hybrid model that reflects the FCDO's unique requirements and global reach. Staff are encouraged to opt in and pay one-third of the premium cover, with the FCDO covering the remaining two-thirds. The supplier will be responsible for arranging the policy provisions and administering insurance cover. All UKB premium contributions will go into a FCDO claims pot (see below) with a set lower limit and if this lower amount is breached, the FCDO then ret...

Buyer

Foreign, Commonwealth and Development Office

Value

£1,125,000

Published

1 May 2024

Closes

28 Mar 2024

Procurement details

Source

Contracts Finder

Region

Westminster

Procurement method

Selective

Category

Services

Contract starts

31 Mar 2024

Contract ends

31 Mar 2029

CPV classifications

66510000

Insurance services

Lots

Lot default Worldwide All Risks Insurance

£1,125,000

The FCDO intends to fund insurance cover through a bespoke self-fund hybrid model that reflects the FCDO's unique requirements and global reach. Staff are encouraged to opt in and pay one-third of the premium cover, with the FCDO covering the remaining two-thirds. The supplier will be responsible for arranging the policy provisions and administering insuranc...

Delivery: London · United Kingdom, London, United Kingdom

Awarded contract notice on Contracts Finder

1 May 2024

Awarded contract notice on Contracts Finder

Award notice · Web page

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Not provided

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Word document

Contains public sector information licensed under the Open Government Licence v3.0.