Eight-year appointment follows three-year insurance partnership with the University of Glasgow announced last month
Arthur J. Gallagher has won a competitive tender to provide insurance broking services to the University of Manchester on an exclusive basis from 1 November 2016.
The eight-year appointment, which follows a recent public procurement exercise, will see Gallagher deliver local client support and claims handling from its team based on New Bailey Street, Manchester, combined with the specialist resources and expertise of its UK Public Sector & Education practice.
Tim Devine, Managing Director of Gallagher’s UK Public Sector & Education Practice, said: “We are delighted that our ability to clearly demonstrate our understanding of the University of Manchester’s diverse risk exposures, as well as our capabilities in designing and structuring an insurance programme to effectively mitigate these, has resulted in such a long-term exclusive appointment.
“With more than 12,000 employees and billion-pound income, the University of Manchester is a very large business in its own right as well as prestigious seat of research and learning, creating a complex and unique risk profile. Alongside our colleagues in Manchester and wide range of in-house sector specialists — whose expertise we can pull in as client needs demand — we very much look forward to working with the university over the years to come, where our role will be to facilitate its further growth and success.”
With its roots dating back to 1824, the University of Manchester is the UK’s largest single-site university and a member of the prestigious Russell Group of leading research establishments, with 25 Nobel Prize winners having worked or studied there and 83% of its research judged as ‘world-leading’ or ‘internationally excellent’ by the Research Excellence Framework.
Ranked 5th in the UK, according to the 2016 Academic Ranking of World Universities, and 35th in the world, the University of Manchester has over 38,000 students, attracted more than £345m in external research funding in 2015 and has an annual income of £1.01bn.