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Contract Award Notice

Provision of Insurance and related services to Torus62 Limited

  • First published: 10 January 2026
  • Last modified: 10 January 2026
  • Version: N/A
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To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Torus62 Limited
Authority ID:
AA80837
Publication date:
10 January 2026
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Provision of Insurance and related services to Torus62 Limited

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Torus62 Limited

4 Corporation Street, Helena Central, St Helens

Merseyside

WA9 1LD

UK

Contact person: Our Consultant for this Project is Gibbs Laidler Consulting LLP

Telephone: +44 7841632923

E-mail: procurement@gibbslaidler.co.uk

NUTS: UK

Internet address(es)

Main address: https://www.torus.co.uk

I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Housing and community amenities

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Provision of Insurance and related services to Torus62 Limited

II.1.2) Main CPV code

66510000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Provision of Insurance and related services to Torus62 Limited

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Lowest offer: 14 000 000.00  GBP/ Highest offer: 16 000 000.00  GBP

II.2) Description

Lot No: 1

II.2.1) Title

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Torus62 Limited

II.2.2) Additional CPV code(s)

66510000

66513100

66515100

66515200

66516000

66516500

66517300

66518000

66518300

66513200

66515000

66515410

66516400

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM

II.2.4) Description of the procurement

A programme of General (non-life) insurance and related services for Torus62 Limited. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident and employment practices liability. This list is to be decided at the sole discretion of Torus62 Limited.

This Lot excludes: Motor (see Lot 2), Cyber (see Lot 3), Terrorism Pool-Re (see Lot 4), Terrorism (Non-Pool Re) (see Lot 5), Directors' & Officers' Liability (see Lot 6) and Alternative Risk Financing (see Lot 7)

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: Yes

Description of options:

Torus62 Limited will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/396R9YB627

Lot No: 2

II.2.1) Title

Insurance and related services for Motor Fleet Risks for Torus62 Limited

II.2.2) Additional CPV code(s)

66510000

66514110

66516100

66517300

66518000

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM

II.2.4) Description of the procurement

Insurance and related services for Motor Fleet Risks for Torus62 Limited

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 40

Cost criterion: Cost / Weighting: 60

II.2.11) Information about options

Options: Yes

Description of options:

Torus62 Limited will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./396R9YB627

Lot No: 3

II.2.1) Title

Insurance and related services associated with Cyber risks for Torus62 Limited

II.2.2) Additional CPV code(s)

66000000

66510000

66516000

66517300

66518000

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM

II.2.4) Description of the procurement

Insurance and related services associated with Cyber Risks for Torus62 Limited

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 40

Cost criterion: Cost / Weighting: 60

II.2.11) Information about options

Options: Yes

Description of options:

Torus62 Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./396R9YB627

Lot No: 4

II.2.1) Title

Insurance and related services associated with Terrorism (Pool-Re) for Torus62 Limited

II.2.2) Additional CPV code(s)

66510000

66515000

66515100

66515200

66517300

66518000

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM

II.2.4) Description of the procurement

Insurance and related services associated with Terrorism risks (Pool-Re) for Torus62 Limited.

Please note, Torus62 Limited will award either Lot 4 or Lot 5 at its sole discretion and will not Award both.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 40

Cost criterion: Cost / Weighting: 60

II.2.11) Information about options

Options: Yes

Description of options:

Torus62 Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./396R9YB627

Lot No: 5

II.2.1) Title

Insurance and related services associated with Terrorism/Political Violence risks (Non Pool-Re) for Torus62 Limited

II.2.2) Additional CPV code(s)

66510000

66515000

66515200

66516500

66518000

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM

II.2.4) Description of the procurement

Insurance and related services associated with Terrorism Non Pool-Re/Political Violence for Torus62 Limited

Please note, Torus62 Limited will award either Lot 4 or Lot 5 at its sole discretion and will not Award both.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 40

Cost criterion: Cost / Weighting: 60

II.2.11) Information about options

Options: Yes

Description of options:

Torus62 Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./396R9YB627

Lot No: 6

II.2.1) Title

Insurance and related services associated with Directors' and Officers' Liability for Torus62 Limited

II.2.2) Additional CPV code(s)

66000000

66510000

66516500

66517300

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM

II.2.4) Description of the procurement

Insurance and related services associated with Directors' and Officers' for Torus62 Limited

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 40

Cost criterion: Cost / Weighting: 60

II.2.11) Information about options

Options: Yes

Description of options:

Torus62 Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./396R9YB627

Lot No: 7

II.2.1) Title

Insurance and related services by way of a combination of Alternative Risk Financing and traditional Insurance for Torus62 Limited

II.2.2) Additional CPV code(s)

66510000

66516000

66516500

66513100

66513200

66515000

66515100

66515200

66515410

66516400

66517300

66518000

II.2.3) Place of performance

NUTS code:

UK


Main site or place of performance:

UNITED KINGDOM

II.2.4) Description of the procurement

Insurance and related services by way of a combination of Alternative Risk Financing and traditional Insurance, as determined by the Bidder.

This Lot is an optional Lot, which can be awarded or not awarded at the sole discretion of Torus62 Limited depending on Torus' requirements for Lot 1.

This Lot excludes: Motor (see Lot 2), Cyber (see Lot 3), Terrorism Pool-Re (see Lot 4), Terrorism (Non-Pool Re) (see Lot 5) and Directors' & Officers' Liability (see Lot 6).

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 40

Cost criterion: Cost / Weighting: 60

II.2.11) Information about options

Options: Yes

Description of options:

Torus62 Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

To respond to this opportunity, please click here: https://www.delta-esourcing.com/tenders/UK-UK-Merseyside:-Insurance-services./396R9YB627

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Competitive procedure with negotiation

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2025/S 000-006960

Section V: Award of contract

Lot No: 1

Title: Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Torus62 Limited

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

27/11/2025

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 2

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Arthur J. Gallagher Insurance Brokers Ltd

SC108909

55 Blythswood Street, Spectrum Building

Glasgow

G2 7AT

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: Lowest offer: 20 000 000.00  GBP / Highest offer: 23 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Title: Insurance and related services for Motor Fleet Risks for Torus62 Limited

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

27/11/2025

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Jensten Insurance Brokers (London and SE) Ltd

00910250

The Old Court House, 191 High Street

South Woodford

E18 2QF

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: Lowest offer: 2 800 000.00  GBP / Highest offer: 2 900 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 3

Title: Insurance and related services associated with Cyber Risks for Torus62 Limited

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

27/11/2025

V.2.2) Information about tenders

Number of tenders received: 4

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 4

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Arthur J. Gallagher Insurance Brokers Ltd

SC108909

55 Blythswood Street, Spectrum Building

Glasgow

G2 7AT

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: Lowest offer: 185 000.00  GBP / Highest offer: 500 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 4

Title: Insurance and related services associated with Terrorism (Pool Re) for Torus62 Limited

A contract/lot is awarded: No

V.1 Information on non-award

The contract/lot is not awarded

No tenders or requests to participate were received or all were rejected

Section V: Award of contract

Lot No: 5

Title: Insurance and related services associated with Terrorism/Political Violence (Non Pool Re) for Torus62 Limited

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

27/11/2025

V.2.2) Information about tenders

Number of tenders received: 3

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Arthur J. Gallagher Insurance Brokers Ltd

SC108909

55 Blythswood Street, Spectrum Building

Glasgow

G2 7AT

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: Lowest offer: 360 000.00  GBP / Highest offer: 580 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 6

Title: Insurance and related services associated with Directors and Officers for Torus62 Limited

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

27/11/2025

V.2.2) Information about tenders

Number of tenders received: 4

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 4

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Jensten Insurance Brokers (London and SE) Ltd

00910250

The Old Court House, 191 High Street

South Woodford

E18 2QF

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: Lowest offer: 75 000.00  GBP / Highest offer: 145 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 7

Title: Insurance and related services associated with Alternative Risk Financing for Torus62 Limited

A contract/lot is awarded: No

V.1 Information on non-award

The contract/lot is not awarded

No tenders or requests to participate were received or all were rejected

Section VI: Complementary information

VI.3) Additional information

To view this notice, please click here:

https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=1004450129 GO Reference: GO-202619-PRO-34068468

VI.4) Procedures for review

VI.4.1) Review body

The High Court of England and Wales

London

WC2A 2LL

UK

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

The Contracting Authority will enter into this contract following a 10 calendar day standstill period starting on the day after the notification of the result. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or who are at risk of harm by a breach of the Regulations to bring proceedings in the High Court. Any such proceedings must be brought within the limitation period specified by the Regulations according to the remedy sought.

VI.4.4) Service from which information about the review procedure may be obtained

The Cabinet Office

London

SW1A 2AS

UK

VI.5) Date of dispatch of this notice

09/01/2026

Coding

Commodity categories

ID Title Parent category
66513200 Contractors all-risk insurance services Legal insurance and all-risk insurance services
66515000 Damage or loss insurance services Insurance services
66000000 Financial and insurance services Finance and Related Services
66515410 Financial loss insurance services Damage or loss insurance services
66515100 Fire insurance services Damage or loss insurance services
66516400 General liability insurance services Liability insurance services
66518000 Insurance brokerage and agency services Insurance services
66518300 Insurance claims adjustment services Insurance brokerage and agency services
66510000 Insurance services Insurance and pension services
66513100 Legal expenses insurance services Legal insurance and all-risk insurance services
66516000 Liability insurance services Insurance services
66514110 Motor vehicle insurance services Freight insurance and Insurance services relating to transport
66516100 Motor vehicle liability insurance services Liability insurance services
66516500 Professional liability insurance services Liability insurance services
66515200 Property insurance services Damage or loss insurance services
66517300 Risk management insurance services Credit and surety insurance services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
procurement@gibbslaidler.co.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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