Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Retender of the Council's casualty insurance
(Employers' Liability, Public Liability, Libel and Slander,
Officials' Indemnity and Professional Negligence) and claims
handling agents
That the Casualty Insurance and Claims Handling Services contract due to commence on 1st April 2015 be awarded as follows:-
i) That Tenderer B should be accepted for the provision of casualty insurance and claims handling services
ii) That the Council increase the deductible for casualty insurance from £25,000 to £50,000
iii) That the Council increases the annual budget provision for insurance deductible payments to £196,000.
To enable the continuation of a high quality casualty insurance provider and claims handling service delivering the best value for money.
The current insurance contract had to be retendered under EU procurement rules following the breaking of the long term agreement in place by the insurer, Travelers.
None.
Reason Key: Expenditure > £400,000;
Corporate Priorities : To improve corporate governance and partnership working.;
Wards Affected: (All Wards);
Financial Impact: Dependent on the state of the insurance market
Declarations: None.
Subject to Urgent Proceedings: No.
Making Representations: In writing to the Director of Corporate Services
Other reasons / organisations consulted
Meeting.
Consultees
Service Efficiency Group
Contact: Helen Rogers, Insurance Officer Email: helen.rogers@bracknell-forest.gov.uk Tel: 01344 352094.
Report author: Helen Rogers
Publication date: 27/01/2015
Date of decision: 27/01/2015
Decided at meeting: 27/01/2015 - Executive
Effective from: 05/02/2015
Accompanying Documents: