Decision details

Gateway 2: Corporate insurance contracts (excluding property insurance)

Decision Maker: Strategic Director of Finance and Corporate Services

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the award of contracts for corporate insurance including liabiility but excluding property insurance

Decision:

1.  That the award of the liability insurance contract, following single supplier negotiations, to RMP QBE in the sum of £410,220 per annum for  a period of 2 years plus the option to extend for a further year  making a total contract value of £1,230,660 starting from the 1 October 2015 be approved.

2.  That the award of the liability insurance claims handling to Gallagher Bassett in line with the liability insurers requirement, in the sum of £116,054 per annum for a period of 2 years plus the option to extend for a further year making a total contract value of £348,162, also starting from the 1 October 2015 be approved.

3.  That the insurance contract is with QBE and is placed by Arthur J Gallagher (AJG) and also that there will be a direct contract with Gallagher Bassett for the claims handling element be noted.

 

Publication date: 23/07/2015

Date of decision: 22/07/2015

Effective from: 31/07/2015

Accompanying Documents: