Decision details

Liability and Motor Insurance Tender. For the Council’s external insurance of its public and employers liability risks and third party motor insurance for the vehicle fleet.

RESOLVED: That:-

(a)          approval be given for Liability insurance and Motor insurance for the Council’s fleet of vehicles and Public and Employers Liability exposure to be procured via one compliant competitive tender exercise;

(b)          the Director of Finance and Commercial Services be authorised to award the contract and complete all necessary documentation; and

(c)          the Director of Finance and Commercial Services, in consultation with the Director of Legal and Governance, be authorised totake such steps as they deem appropriate to achieve the outcomes set out in the report.

This is the preferred option due to the significant financial risks associated with a complex range of operational activities and the associated potential for insurable compensation claims.

The desired outcome is to secure the best available terms from the insurance market to continue protection of the Council’s insurable liabilities.

There are no realistic alternatives that would provide sufficient financial protection against the Council’s exposure to insurable compensation claims.