Insurance London Consortium (ILC)
Camden Council is procuring £11 million in insurance policies through the Insurance London Consortium.
Camden Council's Cabinet approved a procurement strategy in July 2026 for property, combined liability, and terrorism insurance policies, valued at an estimated £11 million over five years. This decision ensures continuous insurance cover after current contracts expire in March 2027. The new five-year contract is set to begin in April 2027 as part of the Insurance London Consortium (ILC).
The Insurance London Consortium (ILC) is a collaborative procurement initiative led by the London Borough of Croydon. Its aim is to achieve economies of scale and competitive pricing for insurance policies through joint procurement among London boroughs.
Key facts
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