The Minister for the Cabinet Office, acting through Crown Commercial Service is initiating a framework called Insurance and Related Services 3 (IS3), estimated to be worth £400,000,000. This is a successor framework to the Insurance and Related Services Framework Agreement RM3731.

RM3731 is a framework agreement with lots for insurance, brokerage, compensation claims handling and associated support services for the Ministry of Defense.

The new framework is aiming to provide all of the products and services currently available through RM3731. The lotting structure is still to be confirmed, however, a dynamic purchasing system for Insurance and Associated Support Services (Lot 1 on RM3731) is currently being considered.

The Crown Commercial Service is currently open to input from industry experts and specialists regarding the structure, nature and principles of the proposed commercial vehicle.

This framework will likely deliver insurance brokerage and associated services within the following areas:

• Liability
• Property
• Motor
• Insurance
• Travel

The specific services within these areas are likely to include:

• Assurance services
• Audits
• Claims Handling
• Consultancy
• Courtesy car and relief vehicle
• Incident investigation
• Loss analysis and forecasting

The full and official specification of this framework is estimated to be published in September 2019.

The Bid Team has a strong reputation for helping clients win contracts across areas of the public sector normally difficult to access. To keep up to date with the progress of this framework stay connected with The Bid Team. To find out more about how we can help you tailor the winning bid, get in touch today.

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