U.M. Association Limited

Information

Name

Type

Body governed by public law

Roles

Buyer

Company Size

Company Number

Incorporation Date

Website

https://umal.co.uk/

Address

Level 4, 5 St Helen’s Place

London
EC3A 6AB
United Kingdom

Suppliers

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Open Opportunities

These are contracts by U.M. Association Limited which are open for your company to bid on. You can find information about the estimated value, closing dates, etc. on the card.

Open

Published 1 month ago

T1115 - UMAL Insurance Broker

UMAL needs to secure the services of a UK-based insurance broker with experience, expertise and capacity to act as an intermediary between UMAL and the insurance market (i.e. insurers, reinsurers, and other risk financing institutions). The broker will be required to assist with insurance needs of UMAL which include: a. Placing Insurance risks with insurers (both local and international) b. Ensuring adequate insurance for all UMAL exposures c. Providing wholesale insurance broking services for HMSL on behalf of its Members d. Covering the entity risks of UMAL, which includes i. Office Insurance and related covers ii. Professional Indemnity iii. Directors and Officers for UMAL Directors and officers iv. Crime v. Cyber Please also note, although the estimated total value is £125M across a potential 5 year contract we would like to make the following clear The overall value includes both premium and broker fees and could be in the range of £60 - £125m across 5 years Furthermore, to give an idea of just broker fees, this could end up being around £5m to £15m across 5 years Please note all figures are purely estimates.

£125,000,000 Bids close: 2 days from now