Insurance Broker Services
Aster Group Limited · Local or regional public body
In brief
Aster Group Limited awarded financial services work to Willis Limited, Jensten Insurance Brokers (London & SE) Limited and Arthur J Gallagher Insurance Brokers on 10 July 2026.
The notice gives a value of £14,100,000 excluding VAT.
The contract runs for 3 years, up to 5 years with extensions, starting 31 July 2026.
It is split into 8 lots, so a supplier can bid for part of the work.
The buyer says it is suitable for small and medium-sized businesses.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
Lots
| Lot | Trade | Value |
|---|---|---|
| Lot One 31 July 2026 to 30 July 2029 What this lot coversLot One is for insurance and related services associated with Property, legal liability and other general (non-life) insurable risks as required by Aster Group and subsidiary organisations. | Financial services and insurance | — |
| Lot Two 31 July 2026 to 30 July 2029 What this lot coversLot Two is for insurance and related services associated with Terrorism and/or Political Violence (Pool-Re) as required by Aster Group and subsidiary organisations. | Financial services and insurance | — |
| Lot Three 31 July 2026 to 30 July 2029 What this lot coversLot Three is for insurance and related services associated with Terrorism and/or Political Violence (Non Pool-Re) as required by Aster Group and subsidiary organisations. | Financial services and insurance | — |
| Lot Four 31 July 2026 to 30 July 2029 What this lot coversLot Four is for insurance and related services associated with Cyber Risk as required by Aster Group and subsidiary organisations. | Financial services and insurance | — |
| Lot Five 31 July 2026 to 30 July 2029 What this lot coversLot Five is for insurance and related services associated with Professional Indemnity as required by Aster Group and subsidiary organisations. | Financial services and insurance | — |
| Lot Six 31 July 2026 to 30 July 2029 What this lot coversLot Six is for insurance and related services associated with Crime/Fidelity as required by Aster Group and subsidiary organisations. | Financial services and insurance | — |
| Lot Seven 31 July 2026 to 30 July 2029 What this lot coversLot Seven is for Insurance and related services associated with Contract Works as required by Aster Group and subsidiary organisations. | Financial services and insurance | — |
| Lot Eight 31 July 2026 to 30 July 2029 What this lot coversLot Eight is for insurance and related services associated with Alternative Risk Financing as required by Aster Group Limited and subsidiary organisations. | Financial services and insurance | — |
Who won
| Winner | Lot | Value | Dates |
|---|---|---|---|
| Not stated | Lot Two, Lot Eight | — | |
| Willis Limited 5 bids received | Lot One | £9,497,898 | Awarded 10 July 2026 |
| Jensten Insurance Brokers (London & SE) Limited 4 bids received | Lot Three | £226,072 | Awarded 10 July 2026 |
| Arthur J Gallagher Insurance Brokers 6 bids received | Lot Four | £408,532 | Awarded 10 July 2026 |
| Arthur J Gallagher Insurance Brokers 6 bids received | Lot Five | £298,696 | Awarded 10 July 2026 |
| Arthur J Gallagher Insurance Brokers 6 bids received | Lot Six | £201,809 | Awarded 10 July 2026 |
| Willis Limited 5 bids received | Lot Seven | £328,732 | Awarded 10 July 2026 |
Values as the award notice gives them, excluding VAT where stated.
Timeline
- Preliminary market engagement notice · UK2, notice 009196-2026
- Tender notice · UK4, notice 013391-2026
- Contract award notice · UK6, notice 068903-2026
About the buyer
Procurements
38Awards
30Suppliers it has used most for financial services
- Arthur J Gallagher Insurance Brokers1 contract
- Jensten Insurance Brokers (London & SE) Limited1 contract
- Willis Limited1 contract
Similar open tenders
All open financial services tenders- £1.3bnframework ceiling
- £10.7mestimated
- £65kestimated
- £11.2mestimated
- £130mframework ceiling
From notice 009196-2026 on Find a Tender, first published 2 February 2026, last updated 21 July 2026. We last checked for changes on 28 September 2026.