Decision details

The Cabinet will be asked to approve proposals regarding the procurement of an Insurance Framework Contract covering leaseholder, claims handling and operational risk management services.

The Cabinet resolved to:

(i)  Approve the tendering of the Council’s requirements for the provision of Insurance, Claims Handling and Operational Risk Management Services in accordance with the strategy set out in the report; and

(ii)  Delegate authority to the Strategic Director for Finance and Investment, in consultation with the Cabinet Member for Finance, Growth and Investment and the Director of Law and Governance, to conduct the procurement and enter into the contract and all other necessary or ancillary agreements, including the exercising of any extension options that are deemed to be in the best interest of the Council, with the successful bidder(s) and/or other related parties in accordance with the strategy set out in the report.