Decision details
Insurance arrangements from 1st July 2024
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Cabinet will be asked to approve main insurance arrangements for council assets and liabilities from 1st July 2024
Decision:
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Report: Insurance arrangements from 1st July 2024 – Contract Extension. |
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Presented by: Councillor Chris Wilkins - Finance |
Cabinet:
1. Agreed the extension of the Main Insurance Contract with the existing suppliers for 1+1+1 years based on the indicative terms as set out in the report detail.
2. Delegated authority to the Insurance Manager in consultation with the Strategic Director of Resources to agree final terms and agree the extensions on an annual basis during the 36-month extension period.
3. Noted the progress made in identifying and compiling available property risk information and the need to invest in improving the level of detail available including surveys and valuation programme.
Report author: Paula McLoughlin
Publication date: 13/06/2024
Date of decision: 12/06/2024
Decided at meeting: 12/06/2024 - Cabinet
Effective from: 20/06/2024
Accompanying Documents:
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