Issue - meetings

Council Insurance Arrangements Update

Meeting: 26/01/2021 - Corporate Policy and Performance Board (Item 26)

26 Council Insurance Arrangements Update pdf icon PDF 108 KB

Minutes:

            The Board considered a report from the Strategic Director, Enterprise, Community and Resources, which provided an update on the process of retendering for a number of the Council’s major insurance policies that included property, motor and computer. The report outlined details of that process and a wider update on the Council’s insurance and risk financing arrangements. It was anticipated that an increase in premiums was extremely likely, despite the Council’s excellent claims history.

 

            The Board received information on:

 

·         Levels of self insurance from 2010/11 to 2020/21;

·         Direct cost of insurance and risk financing – 2010/11 to 2019/20;

·         Public liability claims 2010/11 to 2019/20;

·         Employer’s liability claims – 2010/11 to 2019/20; and

·         Motor vehicle claims – 2010/11 to 2019/20.

 

            RESOLVED: That the report be noted.