Issue - meetings

Insurance Contract Options

Meeting: 24/09/2019 - Performance, Audit and Governance Oversight Committee (Item 152)

152 Insurance Contract Options pdf icon PDF 71 KB

Please note that Essential Reference Paper “B” is not for publication as this contains exempt information.

Additional documents:

Minutes:

The Executive Member for Corporate Services submitted a report summarising the options available going forward, in relation to the Council’s Insurance Contracts.  The Insurance and Risk Business Advisor provided a summary of the report and referred Members to the exempt Essential Reference Paper “B” for more detailed information on the options available.   He provided background information in relation to the negotiations with the Local Government Mutual.  Members debated the options available and the Council’s position.  Given the ongoing negotiations with the Local Government Mutual (LGM), a number of Members urged a cautious approach.

 

It was moved by Councillor A Curtis and seconded by Councillor L Corpe that the report as detailed, be approved.

 

RESOLVED – that (A) the Executive be advised that Members of Performance Audit and Governance Oversight Committee support an extension of the insurance contracts for a further and final year; and

 

(B)   Members of Performance Audit and Governance Oversight Committee be provided with an update report at its meeting in March 2020 outlining options for 2021.