Decision details

To extend the corporate liability insurances contract.

1.  That the extension of the corporate liability insurances contract, with QBE Insurance Ltd via RMP Ltd and Arthur J Gallagher (AJC) for a period of two years with effect from 1 October 2018 with an estimated annual value of £513,000, up to a total extension value of £1,026,000 be approved.

2.  That the associated extension be noted and approval be given for the associated spend as detailed in paragraph 7 of the liability insurance claims handling contract to Gallagher Bassett International Ltd in line with the liability insurer’s requirement for a period of two years with effect from 1 October 2018 with an estimated annual value of £93,124 at a total extension value of £186,248.

3.  That it be noted that the strategic director of finance and governance will consider and approve any changes to the insurance coverage that may be offered as appropriate.

4.  That it be noted that the contract will be extended by way of deed of variation to the original contract.