Issue details

Insurance Services Tender

Our current 5 year contract for Insurance Services ends on 31/03/2025. This contract covers our potential financial liabilities for a variety of insurance claims, including our properties, motor fleet and drivers and public liabilities.

The report sets out two options to provide this cover and asks that a decision is made on these options, which are:

1) Re-tender the Insurance service contract with a third party provider, or
2) Self Insure the costs of Insurance claims and costs to repair damage to our own assets from the Council’s financial resources.

Additionally, should the decision be made to re-tender, that the decision in terms of the contract award is delegated to the Council's s. 151 Officer.

Decision type: Key

Reason Key: Expenditure > £500,000;

Decision status: For Determination

Notice of proposed decision first published: 09/09/2024

Decision due: 14 Jan 2025 by Cabinet

Lead member: Cllr Nick Botterill, Cabinet Member for Finance, Development Management and Strategic Planning nick.botterill@wiltshire.gov.uk

Lead director: Lizzie Watkin (Director - Finance and Procurement)

Department: Finance and Procurement

Contact: Kay Beckett Email: kay.beckett@wiltshire.gov.uk.

Consultation process

Consultation will be carried out with residential leaseholders and shared owners under Section 20 of the Landlord and Tenant Act 1985.

Documents

  • Insurance Services Tender