LONDON BOROUGH OF HACKNEY Invitation to Tender for Property Insurance Quotations in respect of Leasehold and Mortgaged Properties excluding Broker Services
✓Tender information last checkedLast checked 5 Oct 2026, 17:46.
Opportunity overview
The London Borough of Hackney is inviting tenders for property insurance quotations covering approximately 8,500 leasehold, right-to-buy, shared ownership, and mortgaged residential properties, representing a projected total building sum insured of c. £2.36bn at inception. The contract is scheduled to commence on 1 April 2027 as a Long Term Agreement of two years, with options to extend for an additional one year plus one year (2 + 1 + 1). This procurement is being conducted via the Open Procedure under the Procurement Act 2023. All submissions and clarifications must be handled electronically via the London Tenders Portal (ProContract), and suppliers must ensure their core information is up to date on the government's Central Digital Platform.
Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.
The full Tender suite of documents is available by registering on the London Tenders Web Portal at:
https://procontract.due-north.com/Procurer/Advert/View?advertId=5a6fee0e-5abe-f111-813c-005056b64545&fromAdvertEvent=True
The full Tender suite of documents is available by registering on the London Tenders Web Portal at:
https://procontract.due-north.com/Procurer/Advert/View?advertId=5a6fee0e-5abe-f111-813c-005056b64545&fromAdvertEvent=True
Lots and requirements
Entry 1
Id
1
Status
active
Has Renewal
Yes
Value
Including VAT
20,000,000
Amount
20,000,000
Currency
GBP
Award criteria
Weighting Description
65% Price
35% Quality
Criteria
Criterion 1
Type
price
Name
Price
Description
65%
Criterion 2
Type
quality
Name
Quality
Description
35%
Selection criteria
Criteria
Criterion 1
Type
economic
Description
The full Tender suite of documents is available by registering on the London Tenders Web Portal at:
https://procontract.due-north.com/Procurer/Advert/View?advertId=5a6fee0e-5abe-f111-813c-005056b64545&fromAdvertEvent=True
Criterion 2
Type
technical
Description
The full Tender suite of documents is available by registering on the London Tenders Web Portal at:
https://procontract.due-north.com/Procurer/Advert/View?advertId=5a6fee0e-5abe-f111-813c-005056b64545&fromAdvertEvent=True
Suitability
Sme
Yes
Contract period
Starts
1 Apr 2027, 00:00
Ends
31 Mar 2029, 23:59
Max Extent Date
31 Mar 2031, 23:59
Renewal
Description
Option to extend:24 months with 2 extensions available
3 published notice versions reviewed by ProcuraAxis.
3 VERSIONS
1
071456-2026Pipeline notice on Find a Tender ·
2
093268-2026Preliminary market engagement notice on Find a Tender ·
3
093990-2026Tender notice on Find a Tender ·
PROCURAAXIS ANALYSIS
ProcuraAxis Analysis
Our approved analysis of the opportunity appears below the official tender information.
ANALYSIS PREVIEW
Opportunity intelligence at a glance
London Borough of Hackney is seeking property insurance quotations for about 8,500 leasehold, right-to-buy, shared-ownership and mortgaged homes. The planned agreement starts 1 April 2027 and runs for two years, with two optional one-year extensions.
Who this may suit
Relevant to insurers able to provide residential property insurance at substantial scale. Insurance brokers are expressly excluded.
Key points identified
Insurance service capabilityProvide property insurance quotations for approximately 8,500 specified residential properties, with projected building sums insured of approximately £2.36 billion.Evidence: Description: "inviting tenders for property insurance quotations covering approximately 8,500 leasehold, right-to-buy, shared ownership, and mortgaged residential properties" and "projected total building sum insured of c. £2.36bn".
Electronic tenderingSubmit tenders and clarification responses electronically through the London Tenders Portal (ProContract).Evidence: Description: "All submissions and clarifications must be handled electronically via the London Tenders Portal (ProContract)".
Central Digital Platform informationKeep core supplier information up to date on the government Central Digital Platform.Evidence: Description: "suppliers must ensure their core information is up to date on the government's Central Digital Platform".
95% approved-analysis confidence5 supplier criteria identified3 risks or unknowns
ProcuraAxis structures information found in published procurement records, checks the result for consistency and publishes only approved analysis. Confidence describes the completeness and consistency of the available source information; it is not a guarantee of eligibility or contract award.
London Borough of Hackney is seeking property insurance quotations for about 8,500 leasehold, right-to-buy, shared-ownership and mortgaged homes. The planned agreement starts 1 April 2027 and runs for two years, with two optional one-year extensions.
Who this may suit
Relevant to insurers able to provide residential property insurance at substantial scale. Insurance brokers are expressly excluded.
Key deliverables
Property insurance cover for approximately 8,500 residential properties
Cover for leasehold, right-to-buy, shared-ownership and mortgaged properties
Insurance for a projected building sum insured of approximately £2.36 billion
SUPPLIER REQUIREMENTS
5 criteria identified
Insurance service capability
98% confidence
Provide property insurance quotations for approximately 8,500 specified residential properties, with projected building sums insured of approximately £2.36 billion.
View supporting evidence
Description: "inviting tenders for property insurance quotations covering approximately 8,500 leasehold, right-to-buy, shared ownership, and mortgaged residential properties" and "projected total building sum insured of c. £2.36bn".
Electronic tendering
99% confidence
Submit tenders and clarification responses electronically through the London Tenders Portal (ProContract).
View supporting evidence
Description: "All submissions and clarifications must be handled electronically via the London Tenders Portal (ProContract)".
Central Digital Platform information
98% confidence
Keep core supplier information up to date on the government Central Digital Platform.
View supporting evidence
Description: "suppliers must ensure their core information is up to date on the government's Central Digital Platform".
Broker services
99% confidence
Excluded from scope; this opportunity is not for broker services.
No specific financial, technical, exclusion or insurance eligibility thresholds are supplied.
COMMERCIAL AND DELIVERY
Contract intelligence
Commercial
Estimated maximum contract value
94% confidence
£20,000,000.
View supporting evidence
Process value_max and Lot 1 value_amount: 20000000 GBP.
Building sum insured
98% confidence
Approximately £2.36 billion at inception.
View supporting evidence
Description: "projected total building sum insured of c. £2.36bn at inception".
Agreement term
99% confidence
Two years, with options for two further one-year extensions (2 + 1 + 1).
View supporting evidence
Description: "Long Term Agreement of two years, with options to extend for an additional one year plus one year (2 + 1 + 1)".
Delivery
Delivery area
88% confidence
Hackney / UKI41, United Kingdom.
View supporting evidence
Delivery location region is UKI41; buyer is London Borough of Hackney.
Planned commencement
99% confidence
1 April 2027.
View supporting evidence
Description: "The contract is scheduled to commence on 1 April 2027".
PROCEDURE
How to respond
Procedure
99% confidence
Open procedure under the Procurement Act 2023.
View supporting evidence
Description: "conducted via the Open Procedure under the Procurement Act 2023".
Opportunity status
98% confidence
Open tender.
View supporting evidence
Process display_status: open; stage: tender; source_status: active.
Submission deadline
99% confidence
20 November 2026, 12:00 UTC.
View supporting evidence
Process and Lot 1 submission_deadline: 2026-11-20T12:00:00+00:00.
Lot structure
90% confidence
One active lot is supplied.
View supporting evidence
Lots data contains active Lot 1; no lot title or description is supplied.
RISKS AND UNKNOWNS
Points requiring attention
High-value underwriting exposure
97% confidence
The stated building sum insured is approximately £2.36 billion across around 8,500 properties, requiring capacity and appropriate property-risk underwriting.
View supporting evidence
Description states approximately 8,500 properties and a projected building sum insured of approximately £2.36bn.
Electronic compliance dependency
94% confidence
Failure to use ProContract or maintain Central Digital Platform core information could affect participation.
View supporting evidence
Electronic handling via London Tenders Portal and up-to-date Central Digital Platform information are explicitly required.
Detailed coverage and evaluation terms
94% confidence
Unknown from supplied evidence; suppliers should obtain the tender documentation through the stated portal.
View supporting evidence
The supplied notice summary does not state policy wording, excesses, claims arrangements, evaluation criteria or pricing structure.
ProcuraAxis analysis supplements, but does not replace, the original notice and tender documents. Always verify eligibility, deadlines and commercial terms with the issuing authority.
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