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PROCUREMENT OPPORTUNITY

Insurance Broker Services

HS1 LIMITED (trading as London St. Pancras Highspeed) · Contract award notice on Find a Tender

Tender information last checkedLast checked 29 Sept 2026, 18:02.

Opportunity overview

Under its Concession Agreement with the DfT, London St. Pancras Highspeed (LSPH) is required to source a range of insurance policies. These policies must provide levels of cover which are specified in Schedule 5 (pages 150 - 157) of the Concession Agreement, which is available on LSPH's website at https://stpancras-highspeed.com/our-company/regulatory/regulatory-docs/ . LSPH is seeking to appoint an Insurance Broker to deliver its obligations at optimal cost, whilst minimising risk to LSPH. LSPH will be replacing its current Insurance Broker Services contract in July 2026. The contract will be for 5 years with an option to extend up to 3 more years, to deliver the services, to be defined in more detail in the ITT stage of this procurement - for those suppliers that are successful in the initial PSQ stage. The successful tenderer will ensure that all the required policies are placed for the initial annual insurance renewal date, which is 14th November 2026, and subsequent years thereafter.

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.

Marsh Limited

Matched by number
Published award value
£35.6m
Awarded
10 Jun 2026
Award ID
1
Status
pending
Identifier
GB-COH 01507274
Location
London, UKI31, EC3R 5BU, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot LOT-0000Value not stated

Documents and notices

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
2025-12
Status
complete
Procurement Method
open
Procurement Method Details
Competitive flexible procedure

Legal basis

Id
2023/54
Scheme
UKPGA

Special regime

utilities

Lots and requirements

Entry 1
Id
LOT-0000
Status
complete

Buyer, suppliers and contacts

Organisation 1
Name
HS1 LIMITED (trading as London St. Pancras Highspeed)
Id
GB-COH-03539665

Identifier

Scheme
GB-COH
Id
03539665

Additional Identifiers

Entry 1
Scheme
GB-PPON
Id
PHRY-2121-WLBT

Address

Street Address
5th Floor, Kings Place
Locality
London
Postal Code
N1 9AG
Country
GB
Country Name
United Kingdom
Region
UKI43

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
privateUtility
Description
Private utility
Organisation 2
Name
Marsh Limited
Id
GB-COH-01507274

Identifier

Scheme
GB-COH
Id
01507274

Additional Identifiers

Entry 1
Scheme
GB-PPON
Id
PGGV-7645-JTDL

Address

Street Address
1 Tower Place West
Locality
London
Postal Code
EC3R 5BU
Country
GB
Country Name
United Kingdom
Region
UKI31

Contact

Roles

supplier

Details

Scale
large
Vcse
No
Public Service Mission Organization
No
Sheltered Workshop
No

Award information

Award 1
Id
1
Title
Insurance Broker Services
Status
pending
Date
11 Jun 2026, 00:00
Main Procurement Category
services
Above Threshold
Yes
Has Renewal
Yes
Assessment Summaries Date Sent
15 Jun 2026, 00:00

Items

Item 1
Id
LOT-0000
Related Lot
LOT-0000

Additional Classifications

Entry 1
Scheme
CPV
Id
66514130
Description
Railway insurance services
Entry 2
Scheme
CPV
Id
66518000
Description
Insurance brokerage and agency services

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Value

Including VAT
35,600,000
Currency
GBP

Suppliers

Supplier 1
Id
GB-COH-01507274
Name
Marsh Limited

Standstill Period

Ends
26 Jun 2026, 23:59

Contract period

Starts
1 Jul 2026, 00:00
Ends
30 Jun 2031, 23:59
Max Extent Date
30 Jun 2034, 23:59

Renewal

Description
Internal contract performance review and assessment in advance of the end of the initial 5-year term and and subsequent annual assessments up to the maximum 8-year term.

Related lots

LOT-0000

Documents

Entry 1
Id
056601-2026
Document Type
awardNotice
Notice Type
UK6
Description
Contract award notice on Find a Tender
Published
16 Jun 2026, 12:19
Format
text/html

Milestones

Entry 1
Id
1
Type
futureSignatureDate
Due
1 Jul 2026, 23:59
Status
scheduled

Recorded locations

  • Buyer location · London · UKI43 · N1 9AG · United Kingdom

Notice and amendment history

3 published notice versions reviewed by ProcuraAxis.

3 VERSIONS
  1. 025862-2026Tender notice on Find a Tender ·
  2. 032441-2026Tender notice on Find a Tender ·
  3. 056601-2026Contract award notice on Find a Tender ·