ProcuraAxisBeta
Sign inCreate Free Account
Home / Opportunities / Opportunity
PROCUREMENT OPPORTUNITY

Group Life Assurance Policy

STUDENT LOANS COMPANY · award, contract

Tender information last checkedLast checked 5 Oct 2026, 06:47.

Opportunity overview

SLC require to engage an insurer to provide the supporting group life insurance policy.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

Zurich Corporate Risk

Matched by number
Contract value
£676.6k
Awarded
Not supplied
Contract signed
5 Nov 2025
Award ID
002930-2026-2025-TR-0085-1
Status
active
Identifier
GB-COH 02456671
Location
Swindon, UK, United Kingdom

Classification

  • CPV66511000 — Life insurance services

Lots

  • SLC contractually provides all employees with a life assurance benefit through a Death in Service Benefit Scheme providing a salary linked amount of benefit to beneficiaries. The amount paid is determined by the SLC Trust which has been established to oversee the Scheme. SLC require to engage an insurer to provide the supporting group life insurance policy.Value not stated

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
2025-TR-0085
Status
complete
Main Procurement Category
services
Procurement Method
limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Why this procedure was chosen
Procured via Crown Commercial Services Insurance Services 3 Dynamic Purchasing System (RM6138) - no requirement for call for competition. Only 1 provider returned in search for Direct to Customer insurance.

Legal basis

Id
32014L0024
Scheme
CELEX

Classification

Scheme
CPV
Id
66511000
Description
Life insurance services

Procedure reasons

Entry 1
Scheme
TED_PT_AWARD_CONTRACT_WITHOUT_CALL
Id
D_OUTSIDE_SCOPE
Description
The procurement falls outside the scope of application of the directive

Lots and requirements

Entry 1
Id
1
Description
SLC contractually provides all employees with a life assurance benefit through a Death in Service Benefit Scheme providing a salary linked amount of benefit to beneficiaries. The amount paid is determined by the SLC Trust which has been established to oversee the Scheme. SLC require to engage an insurer to provide the supporting group life insurance policy.
Has Options
No
Status
cancelled

Award criteria

Criteria

Criterion 1
Type
price

Items and delivery

Item 1
Id
1
Related Lot
1

Delivery locations

Entry 1
Region
UKM

Buyer, suppliers and contacts

Organisation 1
Name
STUDENT LOANS COMPANY
Id
GB-COH-02401034

Identifier

Legal Name
STUDENT LOANS COMPANY
Id
02401034
Scheme
GB-COH

Address

Street Address
Memphis Building Lingfield Point
Locality
Darlington
Region
UKC13
Postal Code
DL11RW
Country Name
United Kingdom

Contact

Name
Susan Butcher

Roles

buyer

Details

Classifications

Entry 1
Scheme
TED_CA_TYPE
Id
BODY_PUBLIC
Description
Body governed by public law
Entry 2
Scheme
COFOG
Id
09
Description
Education
Organisation 2
Name
Zurich Corporate Risk
Id
GB-COH-02456671

Identifier

Legal Name
Zurich Corporate Risk
Id
02456671
Scheme
GB-COH

Address

Locality
Swindon
Region
UK
Country Name
United Kingdom

Roles

supplier

Details

Scale
large
Organisation 3
Name
Student Loans Company
Id
GB-FTS-146472

Identifier

Legal Name
Student Loans Company

Address

Locality
Glasgow
Country Name
United Kingdom

Roles

reviewBody

Award information

Award 1
Id
002930-2026-2025-TR-0085-1
Title
Group Life Assurance Policy
Status
active

Related lots

1

Suppliers

Supplier 1
Id
GB-COH-02456671
Name
Zurich Corporate Risk

Contracts and changes

Entry 1
Id
002930-2026-2025-TR-0085-1
Award ID
002930-2026-2025-TR-0085-1
Title
Group Life Assurance Policy
Status
active
Date Signed
5 Nov 2025, 00:00

Value

Amount
676,638.86
Currency
GBP

Recorded locations

  • Buyer location · Darlington · UKC13 · DL11RW · United Kingdom
  • Delivery location · UKM

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. 002930-2026award, contract ·