Decision details

RESOLVED that:

A      Cabinet noted the outcome of the insurance tender process for the council’s main insurance programme as detailed in Appendix A to the report.

B      Authority is delegated to Assistant Director – Finance (Section 151 Officer) in consultation with Portfolio Holder for Finance to make final contract awards following the outcomes of minor clarifications, which are not expected to materially affect the evaluation.

C      Cabinet noted that Arthur J Gallagher will be retained as insurance brokers for the duration of the Long-Term Agreement.

D      Quoted premiums be subject to review based on claims experience as 28 February 2025 and any portfolio changes since submission of the ITT. If the council exercises its right under the ITT to seek revised terms from unsuccessful tenderers, award of contract is delegated be Assistant Director – Finance (Section 151 Officer) in consultation with Portfolio Holder for Finance.