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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. P
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