RFP QuestBeta
OpenStage · tender

NETWORK RAIL INFRASTRUCTURE LIMITED

Insurance Brokerage Services - PME

Financial ServicesCPV 66510000
Value£500k
Deadline
Published11 May 2026
RegionNationwide
Who to contact
Jack Spence
jack.spence2@networkrail.co.uk

The procurement contact named on the official notice.

How to submit
Open the submissions portal

The submission route named on the official notice.

Contract value in context
£500ktotal contract value
median £150k
this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

Network Rail seeks to appoint a broker to design, place, and service a comprehensive insurance and risk programme spanning the Network Rail group, which in turn evolves in to the relevant DfT Operator / Great British Railways entities, ensuring continuity through transition and value over the long term.

The provision of services will begin from 1st January 2027 with services initially for Network Rail Limited and its subsidiaries.

During 2027 and the further UK Rail reform this will see broker services expand to include DfT Operator Limited as it merges with Network Rail for the formation of Great British Railways.

Following the formation of Great British Railways, the Insurance Broking Services will be for the Great British Railways entity.

The formation of Great British Railways is anticipated to be Q3 2027.

More information of Rail Industry Reform is summarised later in this document.

The key objectives includes: Secure sustainable, value-for-money insurance and risk transfer aligned to the evolving GBR operating model.

Maintain uninterrupted coverage through organisational and asset transfers, including any change in insured names, interests, and contractual interfaces.

Provide proactive risk advisory, claims excellence, and credible market advocacy that reflects the complexity of UK rail infrastructure, operations, and regulation.

As part of planned reforms to the rail industry, including the establishment of Great British Railways (GBR), it is possible that stations and other associated assets currently operated by train operators contracted by the Secretary of State for Transport may also come within the scope of such contract although the timing and volume of such opportunities is not yet known.

In addition, the contract and procurement process will provide for potential transfer of either the procurement process or the resulting contract itself in the event that this is required due to the establishment of GBR, rail reform or other corporate restructuring.

Key requirements

What the supplier must deliver

01

Maintain uninterrupted coverage through organisational and asset

Maintain uninterrupted coverage through organisational and asset transfers, including any change in insured names, interests, and contractual interfaces.

02

Provide proactive risk advisory, claims excellence,

Provide proactive risk advisory, claims excellence, and credible market advocacy that reflects the complexity of UK rail infrastructure, operations, and regulation.

03

In addition, the contract and procurement process

In addition, the contract and procurement process will provide for potential transfer of either the procurement process or the resulting contract itself in the event that this is required due to the establishment of GBR, rail reform or other corporate restructuring.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
ocds-h6vhtk-065b12
Stage
tender · Open
Source
Find a Tender
Buyer ref
043165-2026
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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