Issue - meetings

Insurance Renewals

This report updates councillors on the position of the council’s annual insurance contract review and the material changes and implications to the council.

Additional documents:

Appendix 1 for Insurance Renewals , View reasons restricted (49/2)
Appendix 2 for Insurance Renewals , View reasons restricted (49/3)
Appendix 3 for Insurance Renewals , View reasons restricted (49/4)
Appendix 4 for Insurance Renewals , View reasons restricted (49/5)

Decision:

RESOLVED that Members agree to recommendations a) to g) as set out in the Confidential Appendix 2 of this report.

Voting: Unanimous

Portfolio Holder: Finance

Reason

To maintain and continue to develop the long-term insurance strategy of the council. The objective of the procurement is to balance the risk versus the cost of the insurance cover taking into consideration the risk appetite of the council and the funds available to support self-insurance.

Minutes:

This item was restricted by virtue of paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972.

The Portfolio Holder for Finance presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'H' to these Minutes in the Minute Book.

Cabinet was advised that the report updated councillors on the position of the council’s annual insurance contract review and the material changes and implications to the council.