# Insurance Actuarial Services

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [London Borough Of Lambeth](/buyers/london-borough-of-lambeth/contract-awards)
- Published: 26 November 2020
- Planned start: 1 January 2021
- Planned end: 31 December 2024
- Stage: open_tender
- Procurement category: services
- Notice ID: 3b4963a4-4851-4d53-bf28-2a12c8ebf91d-396319
- OCID: ocds-b5fd17-036b75be-ff90-4935-a491-0a6c47745b28

## Description

This procurement is for the selection of a provider that is able to fully support the council's Risk & Insurance team in the provision of periodic insurance fund reviews to assess the current exposures facing the council and the adequacy of existing insurance reserves & provisions to meet the cost of claims\. Insurance actuarial services required include: • Full actuarial review of insurance provisions • Mini health check review on claims trends and impact • Insurance programme review • Commutations options • Redress Scheme review & forecasting • Risk financing review • Loss avoidance review & advice • Ad-hoc reviews Full details of the services required are set out in the attached specification document\. Additional information: By submitting a tender I acknowledge and agree to the below the statements: • I have read and understood Lambeth's procurement guidance for suppliers, "Selling to the Council" • I accept the Lambeth Terms and Conditions • If I am selected to provide the above services and/or supplies this form and the information on it will form part of my contract with the London Borough of Lambeth • If I am selected to provide the above services and/or supplies and am not already set up as a supplier on the Lambeth system I will comply with Lambeth's Supplier Set-up procedures through iSupplier which includes the provision of a completed Supplier Self Certification form and Bank details on headed paper\. • Lambeth is under no obligation to accept the final results of the quotation competition or the lowest price for any particular item submitted by a supplier • Non-delivery of services or products will result in non-payment by Lambeth Council • False representation could result in de-selection from any competition or termination of contract • It is a criminal offence to give or offer any gift or consideration whatsoever as an inducement or reward to any servant of a public body\. I understand that any such action will empower Lambeth Council to cancel any contract or commission currently in force and may result in my exclusion from future work • Lambeth has the right to use this information for the prevention and detection of fraud

## Related contract awards

- [Provision of infrastructure and capacity building for voluntary & community sectors](/contracts/ocds-b5fd17-60a3f062-a796-4a5c-ae68-1ab735328f40): London Borough of Lambeth
- [Ferndale Leisure Centre Mini Golf Course](/contracts/ocds-b5fd17-378934f9-3951-4de9-a40b-bee8e7bec835): London Borough of Lambeth
- [Brixton Recreation Centre Ten Pin Bowling Lane](/contracts/ocds-b5fd17-f13c4f5e-c995-4bea-ba56-5346e6136a2c): London Borough of Lambeth

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/3b4963a4-4851-4d53-bf28-2a12c8ebf91d-396319)