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

12

Awards

8

Suppliers it has used most for financial services

  1. Extra Care Housing Development - Edinburgh House

    Portsmouth City CouncilSouth EastConstruction, Grounds maintenance and landscaping

    Closing soon11 hours leftExpress interestSuitable for SMEs

    £280mestimated
  2. Loan Finance Tender

    Falmouth Exeter PlusSouth WestFinancial services and insurance

    Closing soon11 hours left

    £4mestimated
  3. Business Support North East Framework

    North East Combined AuthorityNorth EastFinancial services and insurance, IT services and software

    Closing soon16 hours left5 lotsSuitable for SMEsFramework

    £23mframework ceiling
  4. Insurance Procurement

    Local SpaceNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South WestFinancial services and insurance

    Closing soon16 hours left2 lotsSuitable for SMEs

    £700kestimated
  5. Agreements for Start Up Loans' Business Support Partners

    British Business BankNorth East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South West, Wales, Scotland, Northern IrelandFinancial services and insurance

    Closing soon4 days left15 lotsSuitable for SMEs

    £104mestimated

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.