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.

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.

Not generally applicable given the requirement to procure Insurance Brokerage Services as the required knowledge and expertise is not currently held in-house.
An associated procurement framework was used to support the appointment / engagement process.