Decision details

Leader's Urgent Decision - Insurance Liability Limit of Indemnity

Decision Maker: Leader of the Council

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

It is recommended that the London Borough of Hammersmith & Fulham increases its Liability Insurance Limit of Indemnity from £50m to £175m with immediate effect following a review of cover in light of the recent fire at Grenfell Tower.

 

Reasons for Urgency:

Initial indications arising from the Grenfell Tower fire indicate that the current level of £50m would not be sufficient cover in the event of a similar major incident occurring, leaving the Council under-insured and reliant on using its reserves. This increase in policy cover should be made with immediate effect.

Urgent item?: Yes

Publication date: 18/12/2017

Date of decision: 15/12/2017

Effective from: 21/12/2017

Accompanying Documents: