Issue details

Insurance tender

The Council’s full insurance programme is due for tender 1/4/2024.The contracts to be tendered are for the following insurance policies - Property, Liability, Residential Leasehold Buildings , Crime, Personal Accident & Travel, School Journey, Terrorism, Motor, Engineering Inspection, Directors & Officers.
Insurance is required to provide protection of the Councils assets and liabilities. For residential leasehold the lease agreement between the Council and residential leaseholders requires the Council, as freeholder, to arrange building insurance to cover the re-instatement value of the leaseholder’s asset and the two stage Section 20 procedure will be followed.

Decision type: Key

Reason Key: Expenditure/Income over £5m & policies or new income, reserves use, overspend over £300K;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 17/05/2023

Report access: Open report with exempt appendix;

Report Type: Key Decision;

Decision due: 17 Jul 2023 by Cabinet

Lead member: Cabinet Member for Finance and Reform

Lead director: Strategic Director of Finance

Department: Finance Department

Contact: Ray Chitty Email: Tel: 07739 315 565, Beverly Mills Email:

What is the total value of the decision?: Yes


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