AwardedAwarded 3 July 2026

Investment Manager Appointment and Onboarding

Flood Re Limited · Central government

In brief

Flood Re Limited awarded financial services work to Aberdeen Group plc on 3 July 2026.

The notice gives a value of £4,550,000 excluding VAT.

The contract runs for 10 years, up to 13 years with extensions, starting 1 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.

What the notice says

FloodRe appointed a reputable asset manager for its £1bn of assets. Looking for a partnership relationship with an asset management institution with strong brand and insurance asset management capabilities to assist in managing our investments in line with our investment risk appetite.

Who won

WinnerValueDates
Aberdeen Group plc
18 bids received
£2,625,000
Awarded 18 March 2026
3 July 2026 to 2 July 2031

Values as the award notice gives them, excluding VAT where stated.

Timeline

  1. Tender notice · UK4, notice 072348-2025
  2. Contract award notice · UK6, notice 059030-2026
  3. Contract details notice · UK7, notice 063506-2026

About the buyer

Flood Re LimitedLast 12 months

Procurements

8

Awards

4

Suppliers it has used most for financial services

  1. Employee Benefits and Occupational Health Services

    Crown Commercial ServiceUK-wideHealthcare services, Social and domiciliary care

    Closing soon2 hours left7 lotsFramework

    £1.3bnframework ceiling
  2. Provision of Insurance and Related Services to Watford Community Housing Trust t/a Chime Housing

    Watford Community Housing Trust t/a Chime HousingUK-wideFinancial services and insurance, Vehicles and fleet

    Closing soon11 hours leftExpress interest7 lotsSuitable for SMEs

    £10.7mestimated
  3. King's Trust DBS and Vetting Services

    The King's TrustUK-wideFinancial services and insurance, IT services and software

    Closing soon23 hours leftSuitable for SMEsSmall contract

    £65kestimated
  4. Provision of Insurance and Related Services to ForHousing

    Forhousing Devco LimitedUK-wideFinancial services and insurance

    Closing soon35 hours leftExpress interest6 lotsSuitable for SMEs

    £11.2mestimated
  5. Pensions Administration Operational Support Service Framework

    Norfolk County CouncilUK-wideFinancial services and insurance

    Closing soon2 days left5 lotsSuitable for SMEsFramework

    £130mframework ceiling

From notice 072348-2025 on Find a Tender, first published 10 November 2025, last updated 7 July 2026. We last checked for changes on 28 September 2026.