# Insurance brokerage services

> A sourced UK public sector contract award published by Bank of England.

## Key facts

- Buyer: [Bank of England](/buyers/bank-of-england/contract-awards)
- Supplier: [Willis Towers Watson](/suppliers/willis-towers-watson/public-sector-contract-awards)
- Award value: £120,500
- Tender value: £120,000
- Award date: 24 April 2020
- Published: 17 July 2020
- Contract start: 1 June 2020
- Contract end: 31 May 2023
- Stage: awarded
- Procurement category: services
- Notice ID: 364e1037-bced-4a66-a7f7-38fd42ac0799-371189
- OCID: ocds-b5fd17-6b5b6938-22b9-49ca-bec9-1ac10521d5d8

## Description

The Bank of England has a requirement for insurance broker services, including but not limited to: \\r - Running a compliant tender process to appoint insurers\\r - Drive commercial reviews to ensure value-for-money\\r - Produce annual policy reports\\r - Provide a claims management process

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/364e1037-bced-4a66-a7f7-38fd42ac0799-371189)