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Group Life Assurance Policy

STUDENT LOANS COMPANY

Buyer Contact Info

Buyer Name: STUDENT LOANS COMPANY

Buyer Address: Memphis Building Lingfield Point, Darlington, UKC13, DL11RW, United Kingdom

Contact Name: Susan Butcher

Contact Email: susan_butcher@slc.co.uk

Status
complete
Procedure
limited
Value
676638.86 GBP
Published
14 Jan 2026, 09:23
Deadline
n/a
Contract Start
n/a
Contract End
n/a
Category
services
CPV
66511000 - Life insurance services
Region
n/a
Awarded To
Zurich Corporate Risk
Official Source
Open Find a Tender

Description

SLC require to engage an insurer to provide the supporting group life insurance policy.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Lots

Lot Description: SLC contractually provides all employees with a life assurance benefit through a Death in Service Benefit Scheme providing a salary linked amount of benefit to beneficiaries. The amount paid is determined by the SLC Trust which has been established to oversee the Scheme. SLC require to engage an insurer to provide the supporting group life insurance policy.

Lot 1 Status: cancelled

Lot 1 Has Options: No

Contracts

Contract Title: Group Life Assurance Policy

Awards

Award Title: Group Life Assurance Policy

Raw Notice JSON

Expand raw payload
{
  "awards": [
    {
      "id": "002930-2026-2025-TR-0085-1",
      "relatedLots": [
        "1"
      ],
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-02456671",
          "name": "Zurich Corporate Risk"
        }
      ],
      "title": "Group Life Assurance Policy"
    }
  ],
  "bids": {
    "statistics": [
      {
        "id": "1",
        "measure": "bids",
        "relatedLot": "1",
        "value": 1
      }
    ]
  },
  "buyer": {
    "id": "GB-COH-02401034",
    "name": "STUDENT LOANS COMPANY"
  },
  "contracts": [
    {
      "awardID": "002930-2026-2025-TR-0085-1",
      "dateSigned": "2025-11-05T00:00:00Z",
      "id": "002930-2026-2025-TR-0085-1",
      "status": "active",
      "title": "Group Life Assurance Policy",
      "value": {
        "amount": 676638.86,
        "currency": "GBP"
      }
    }
  ],
  "date": "2026-01-14T09:23:29Z",
  "description": "Procured via Crown Commercial Service Insurance Services 3 DPS (RM6138).",
  "id": "002930-2026",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-060549",
  "parties": [
    {
      "address": {
        "countryName": "United Kingdom",
        "locality": "Darlington",
        "postalCode": "DL11RW",
        "region": "UKC13",
        "streetAddress": "Memphis Building Lingfield Point"
      },
      "contactPoint": {
        "email": "susan_butcher@slc.co.uk",
        "name": "Susan Butcher"
      },
      "details": {
        "classifications": [
          {
            "description": "Body governed by public law",
            "id": "BODY_PUBLIC",
            "scheme": "TED_CA_TYPE"
          },
          {
            "description": "Education",
            "id": "09",
            "scheme": "COFOG"
          }
        ],
        "url": "https://www.gov.uk/government/organisations/student-loans-company"
      },
      "id": "GB-COH-02401034",
      "identifier": {
        "id": "02401034",
        "legalName": "STUDENT LOANS COMPANY",
        "scheme": "GB-COH"
      },
      "name": "STUDENT LOANS COMPANY",
      "roles": [
        "buyer"
      ]
    },
    {
      "address": {
        "countryName": "United Kingdom",
        "locality": "Swindon",
        "region": "UK"
      },
      "details": {
        "scale": "large"
      },
      "id": "GB-COH-02456671",
      "identifier": {
        "id": "02456671",
        "legalName": "Zurich Corporate Risk",
        "scheme": "GB-COH"
      },
      "name": "Zurich Corporate Risk",
      "roles": [
        "supplier"
      ]
    },
    {
      "address": {
        "countryName": "United Kingdom",
        "locality": "Glasgow"
      },
      "id": "GB-FTS-146472",
      "identifier": {
        "legalName": "Student Loans Company"
      },
      "name": "Student Loans Company",
      "roles": [
        "reviewBody"
      ]
    }
  ],
  "tag": [
    "award",
    "contract"
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  "tender": {
    "classification": {
      "description": "Life insurance services",
      "id": "66511000",
      "scheme": "CPV"
    },
    "description": "SLC require to engage an insurer to provide the supporting group life insurance policy.",
    "id": "2025-TR-0085",
    "items": [
      {
        "deliveryAddresses": [
          {
            "region": "UKM"
          }
        ],
        "id": "1",
        "relatedLot": "1"
      }
    ],
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "lots": [
      {
        "awardCriteria": {
          "criteria": [
            {
              "type": "price"
            }
          ]
        },
        "description": "SLC contractually provides all employees with a life assurance benefit through a Death in Service Benefit Scheme providing a salary linked amount of benefit to beneficiaries.  The amount paid is determined by the SLC Trust which has been established to oversee the Scheme. SLC require to engage an insurer to provide the supporting group life insurance policy.",
        "hasOptions": false,
        "id": "1",
        "status": "cancelled"
      }
    ],
    "mainProcurementCategory": "services",
    "procurementMethod": "limited",
    "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
    "procurementMethodRationale": "Procured via Crown Commercial Services Insurance Services 3 Dynamic Purchasing System (RM6138) - no requirement for call for competition.  Only 1 provider returned in search for Direct to Customer insurance.",
    "procurementMethodRationaleClassifications": [
      {
        "description": "The procurement falls outside the scope of application of the directive",
        "id": "D_OUTSIDE_SCOPE",
        "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL"
      }
    ],
    "status": "complete",
    "title": "Group Life Assurance Policy"
  }
}