To consider a report of the Corporate Director, Finance and Systems.

The Corporate Director of Finance and Systems submitted a report which set out for Members’ information significant aspects of the Council’s insurance performance for the year 2018/19. An opportunity was provided for Members to raise issues in relation to the report’s content, which focussed on the increase in the number of successful claims. Officers explained that the overall repudiation rate was the same. Last year’s increase had been caused by highways claims linked to the effects of a very severe winter; the level of claims in 2019/20 had returned to prior levels. The Committee also sought and received clarification on the New Code of Practice – Well-Managed Highway Infrastructure, the specialist cyber policy, the claims related to Public Liability - Highway injury and the Local Government Association (LGA) Mutual.

Members requested to see the figures concerning the cost of highway property claims and the cost benefit analysis of taking insurance through the LGA Mutual.

            RESOLVED – That the content of the report be noted.