Gallagher Heath has been awarded a place on the Insurance Services Framework (ISF) following a competitive tender process, led by the Government Procurement Service (GPS).
The ISF was set up following extensive collaboration with public sector organisations and representatives from the insurance industry to provide an online platform through which public bodies can more quickly and cost-effectively procure insurance protection and additional support services.
By working hard to ensure that every single insurer market it places business with was also successful in becoming an appointed supplier – as client approaches to ISF brokers via the framework are restricted to using ISF-approved markets – Gallagher Heath can offer public sector organisations access to insurance for the majority of risk exposures they face. This could range from mainstream property and motor liabilities to specialist coverage for fine art, terrorism, marine or cyber risk.
Peter Bristow, Managing Director of Gallagher Heath’s Public Sector Unit, said: “Gallagher Heath is delighted to have been appointed as a broker on the Insurance Services Framework. Our track record of providing innovative and cost-effective insurance solutions for public services places us in an ideal position to support this initiative and the organisations using it.
“Our ability to literally tick every box in terms of access to insurance coverage means we are perfectly placed to help public sector clients obtain protection appropriate to their specific needs.”
The aim of the ISF and its rigorous pre-selection process is to cut the administrative burden and cost associated with goods and services procurement for public sector bodies, which are compelled by law to comply with the European Union’s tender process and publish all contract notices for projects above a certain financial threshold. By using the ISF, public sector bodies do not need to run a full OJEU tendering process, but can use a shorter and less complicated mini competition process to obtain insurer quotations.
It allows public sector organisations to procure a wide range of insurance covers and brokerage services including travel, personal accident, property and construction, plus a range of support services such as claims handling and risk management.