Agenda item

Review of the Council's Insurance Function

Minutes:

The Senior Risk & Insurance Officer introduced a report with guidance on the current provisions for the Council’s insurance function.

 

At its meeting on 12th January 2017, the Committee discussed the progress made on the insourcing of Environmental Services. As part of the discussion, Members had raised the issue of SBC’s liability to staff who would be under its employment.  Assurances were sought that the liability scheme was sufficiently robust to ensure that such employees would be in receipt of appropriate cover. The Head of Financial Reporting had therefore provided the guidance on the insurance scheme and SBC’s liability and the report outlined a series of matters, including the insurance market; SBC’s staff working on insurance; the procurement and renewal of SBC’s insurance scheme; the costs of the insurance scheme; and excesses.

 

The Committee was given assurance that discussions had been held with the Council’s insurance providers to ensure the required provision was in place for employees engaged in any Local Authority Controlled Company (LACC) that was established.  Members asked a number of questions about the levels of excess and rights of tenants to which the Officer responded.  At the conclusion of the discussion, the report was noted.

 

Resolved – That details of the report be noted.

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