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Insurance Brokerage
University of Exeter · Education
In brief
University of Exeter has announced plans to buy financial services work. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.
The estimated value is £70,000 excluding VAT.
The contract runs for 3 years, up to 5 years with extensions, starting 30 April 2026.
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.
Can I win this?
Competition
Usually high: a median of 14 bids per contract for this buyer (from 19 awards in the last 12 months).
What the notice says
The University of Exeter are looking to procure Insurance Broker Services for the entities of the University of Exeter, FX Plus (joint venture to support University of Exeter activities, staff and student on Falmouth University campus), and Falmouth University. The three entities remain separated, but are tendered together due to the interest of the University of Exeter to support its staff and students sharing the campus in Falmouth. The university is looking to achieve 1) value for money, 2) the shortest route to market to enable faster query resolution and service provision, 3) a competent and HE experienced broker with broad access to the market The insurance policies that will make up…Read the full description
The University of Exeter are looking to procure Insurance Broker Services for the entities of the University of Exeter, FX Plus (joint venture to support University of Exeter activities, staff and student on Falmouth University campus), and Falmouth University. The three entities remain separated, but are tendered together due to the interest of the University of Exeter to support its staff and students sharing the campus in Falmouth. The university is looking to achieve 1) value for money, 2) the shortest route to market to enable faster query resolution and service provision, 3) a competent and HE experienced broker with broad access to the market The insurance policies that will make up the portfolio are listed below. To achieve part 2 noted above, the portfolio may be split into lots to avoid third parties in addition to the successful broker forming part of the route to market. This preliminary market engagement process will identify the structure of any lots to be tendered. Broker services required for the following policies across the three entities: Material Damage & Business Interruption Combined Liability Computer Fine Art Personal Accident & Travel Professional Indemnity (note that a bespoke Higher Eduction policy for research institutions may be advantageous) Management Liability – D&O & Entity Clinical Trials, Medical Malpractice & Medical Products Liability Marine Goods in Transit Special Contingency Marine – Boat Insurance Pension Trustee Liability Cyber Terrorism Motor Fleet Engineering Inspection & Insurance Contractors Plant Crime Personal Accident & Travel As a valued potential supplier, we would appreciate your input to help us shape our procurement approach and ensure that our requirements and evaluation criteria are clear, realistic and aligned with current market capabilities.
How to bid
- Read the full notice on Find a Tender, including any tender documents it links to.
- Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
- Follow the submission instructions in the notice; it does not name an e-tendering portal.
Timeline
- Preliminary market engagement notice · UK2, notice 007764-2026
About the buyer
University of ExeterLast 12 months
Procurements
276Awards
148Similar open tenders
All open financial services tenders- £21kestimated
- £278kestimated
- £4mestimated
- £2.5mestimated
- £500kestimated
From notice 007764-2026 on Find a Tender, first published 28 January 2026. We last checked for changes on 28 September 2026.