procurement strategy for property, combined liability, and terrorism insurance policies
Camden Council approved a strategy to procure £11 million in insurance policies over five years.
Camden Council's Cabinet approved a procurement strategy for property, combined liability, and terrorism insurance policies in July 2026. This strategy, valued at an estimated £11 million over five years, aims to ensure continuous insurance cover after current contracts expire in March 2027. The new five-year contract is scheduled to begin on April 1, 2027.
The strategy involves Camden Council participating in a London-wide collaboration, the Insurance London Consortium (ILC), led by the London Borough of Croydon. This joint procurement approach seeks to achieve economies of scale and competitive pricing for the insurance policies.
Key facts
- Camden Council's Cabinet approved the procurement strategy on July 6, 2026. Source
- The strategy is for an estimated £11 million in insurance policies over five years. Source
- Current insurance contracts expire on March 31, 2027. Source
- The new five-year contract is set to begin on April 1, 2027. Source
- The strategy is part of a London-wide collaboration, the Insurance London Consortium. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.