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    ContractsDirect Award for Medical Malpractice and Professional Indemnity Insurance
    Awarded contract

    Direct Award for Medical Malpractice and Professional Indemnity Insurance

    Awarded
    £740k
    Published 7 Jul 2026

    Direct award of a two-year combined medical malpractice and professional indemnity insurance contract valued at £740,000 for the Care Agency, following unsuccessful separate procurement exercises.

    🇬🇧United KingdomPublished 7 Jul 2026· 4 weeks agoviaContracts Finder
    Awarded
    £740k
    Published 7 Jul 2026

    Decision brief

    4 fields
    • Contract value
      £740,000
      Pounds sterling
    • Tender closed
      17 Jul 2026
      2 weeks ago
    • Sector
      Financial Services
      Browse related listings
    • Location
      🇬🇧United Kingdom

    Suppliers

    1 supplier
    • CI
      Capurro Insurance & Investments Ltd
      Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 4 weeks ago.

    7 Jul 2026Today17 Jul 2026

    Brief

    The Care Agency is entering into a direct award contract for combined medical malpractice insurance and professional indemnity insurance. This Voluntary Ex Ante Transparency (VEAT) notice is published to inform the market of this decision, which follows separate procurement exercises that resulted in only one tender per requirement. The sole tenderer proposed a combined insurance placement, and the contracting authority has determined this arrangement is justified due to the absence of suitable alternative tenders, documented market feedback indicating no appetite for competing bids, and the critical need to maintain uninterrupted insurance protection for clinical and operational activities. The contract will be awarded without further publication under Regulation 32A(2)(a) of the Procurement (Public Sector Contracts) Regulations 2016. The estimated annual value is £370,000 (£296,000 net premium plus £74,000 broker fee), with a total estimated value of £740,000 over an initial two-year term. A voluntary standstill period of 10 calendar days will be observed before contract execution.

    Track record

    2 awards · 2 winners
    Thin record

    Only 2 prior awards here — too little to read.

    In financial services, HM GOVERNMENT OF GIBRALTAR has awarded 2 contracts to 2 suppliers.

    Who wins here
    1. Callaghan Insurance Brokers Ltd1× · 50%
    2. Capurro Insurance & Investments Ltd1× · 50%

    Across financial services, the most active winners are ARTHUR J GALLAGHER INSURANCE BROKERS LTD, ECCLESIASTICAL INSURANCE OFFICE PUBLIC LIMITED COMPANY, LLOYDS INSURANCE COMPANY SA — the field to beat, or your route in as a partner.

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    Take action
    View on sourceContracts Finder

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    contractsfinder.service.gov.uk
    Record ID
    1ded3547-1ec5-46cf-b61a-c2fa7624a727-904963
    HG
    Buyer
    HM GOVERNMENT OF GIBRALTAR
    Sector
    Financial Services