Decision details

Leasehold RTB insurance and Property and Liability Insurances Contract Awards

Decision Maker: Corporate Director of Resources (Section 151)

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes


This report seeks approval for the award of corporate insurance contracts which include recharged premiums for commercial property leaseholders and leaseholder Right to Buy (RTB) insurance arrangements. Croydon Council have run a tender on behalf of the London Insurance Consortium.





To approve the award of the following contracts for the provision of insurance services for a period of five years commencing  1 April 2023 to the providers and for the values set out in the part B report. (Names of providers and values will be released following Award.):



Lot 1 - Motor Insurance to Bidder A

Lot 2 - Commercial Property Insurance to Bidder E

Lot 3 - Crime Insurance to Bidder C

Lot 4 - Engineering / Inspection Insurance to Bidder A

Lot 5 – Business Travel/ PA Insurance to Bidder C

Lot 7 - Leasehold Right to Buy Insurance to Bidder H


Reasons for the decision:

As set out in Part A of Report

Alternative options considered:

As set out in Part A of Report


Interests and Nature of Interests Declared:


Publication date: 31/01/2024

Date of decision: 27/01/2023

Effective from: 09/02/2024

Accompanying Documents: