Find a TenderAwarded
Published 10 Jan 2025, 17:00 GMT

Official UK procurement notice

Provision of Health Insurance Cover to University of Birmingham Dubai

Official notice

Authority: THE UNIVERSITY OF BIRMINGHAM (Education)

ServicesNegotiated without publication of a contract notice
Sectors: Financial and insurance services (66) Delivery: United Arab Emirates (AE)
Awarded value£3,703,848published contract · exc. VAT
Awarded 1 Jan 2025
Awarded to Orient Insurance P.J.S.C.

What is being bought

Published requirement description

This Voluntary Ex-Ante Transparency (VEAT) relates to the annual renewal for part of the University of Birmingham's (Dubai) Insurance provision. The University of Birmingham is looking to continue its insurance arrangements for health cover for University of Birmingham Dubai, awarded to Orient Insurance P.J.S.C. with cover provided by Allianz via Mercer Marsh. The policy is due to renew during January 2025 on the basis of renewal terms from Orient Insurance P.J.S.C. and Allianz, alongside Mercer Marsh having conducted a detailed market survey. The University is satisfied that the best terms and premium, representing best overall value for the University, have been achieved. The market survey resulted in five quotes from different health cover providers, enabling the University to make an informed decision on best value. Through negotiation a further 5% discount was achieved of the best and final figures.

CPV: Accident and health insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1
Delivery listed: United Arab Emirates (AE) · Dubai
Extensions: The provision of this service is for a period of one year, with the option to extend for a further one year.

Procedure terms & legal framework

From the official record
Procedure method
Negotiated without publication of a contract notice
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
10 Jan 2025, 17:00 GMT
Last source update
10 Jan 2025, 17:00 GMT
FTS notice number
2025/S 000-000931
Classification (CPV)
Accident and health insurance services
Delivery area
United Arab Emirates (AE)
Official registry OCID
ocds-h6vhtk-04cf48 Find a Tender
Why no open competition

Extreme urgency brought about by events unforeseeable for the contracting authority/entity and in accordance with the strict conditions stated in the directive

Published justification

This Voluntary Ex-Ante Transparency (VEAT) relates to the annual renewal for part of the University of Birmingham's (Dubai) Insurance provision. The University of Birmingham is looking to continue its insurance arrangements for health cover for University of Birmingham Dubai, awarded to Orient Insurance P.J.S.C. with cover provided by Allianz via Mercer Marsh. The policy is due to renew during January 2025 on the basis of renewal terms from Orient Insurance P.J.S.C. and Allianz, alongside Mercer Marsh having conducted a detailed market survey. The University is satisfied that the best terms and premium, representing best overall value for the University, have been achieved. The market survey resulted in five quotes from different health cover providers, enabling the University to make an informed decision on best value. Through negotiation a further 5% discount was achieved of the best and final figures.

The University is proposing to renew their existing contract with Orient Insurance P.J.S.C. with cover provided by Allianz for the provision of this service for a period of one year, with the option to extend for a further one year, whilst a full review of the University requirements and preparation for the tender process is undertaken.

Although it would be prudent to undertake a tender for the University's health insurance, there are a number of reasons why this is not yet possible:

  • In the last twelve months there have been three serious and significance claims which have had a detrimental effect on the claims experience.
  • The confirmed claims experience is not available until Q2 meaning the information was not available in time to undertake a tender.
  • Insurance inflation in the Emirates is consistent across the board. This has increased significantly this year resulting in higher premiums for all customers. This is demonstrable in the quotation the University has received.

The engagement with Orient Insurance P.J.S.C. for the cover provided by Allianz currently meets the requirements of the University and enables further cover should it be required.

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £3,703,8481 contract exc. VAT
Contracts signed 1latest 1 Jan 2025
Awarded toValueDateStatus
Orient Insurance P.J.S.C.£3,703,848 †—Awarded

Contracts

Contracting authority & participating public bodies

THE UNIVERSITY OF BIRMINGHAM

Contracting authorityEducationRegional or local authorityEducation GB-COH: RC00645 Edgbaston, BIRMINGHAM, West Midlands, B152TTContact name, email, phone

Dispute resolution & review bodies

Bidders & participating suppliers

1 commercial party on the notice
  • Orient Insurance P.J.S.C.Awarded supplierGB-COH: 100069559100003 02a Orient Building Al Badia Business Park Dubai Festival City P.O. Box 27966 Dubai United Arab Emirate, dubai, AE

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.