Issue - meetings

INSURANCE PERFORMANCE REPORT 2020/21

Meeting: 25/11/2021 - Accounts and Audit Committee (Item 31)

31 INSURANCE PERFORMANCE REPORT 2020/21 pdf icon PDF 395 KB

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

Minutes:

[NOTE: Councillor Boyes declared a Personal Interest in this item in respect of a highways insurance issue.]

 

The Director of Finance and Systemssubmitted a report which provided a summary of insurance performance for 2020/21, focussing on the issues of the cost of insurance, claims made, achievements during the year and the outlook for the insurance market. Members noted in particular the potential impact of GDPR claims, and the expected increase in the levels of insurance premiums. An opportunity was provided for Members to raise questions on the report’s content; and it was noted that further information would be sought on issues including the numbers of trees within the Council’s estate, the stage at which insurance claims were successfully defended, the time taken to respond to highways claims and the benchmark used for determining a high rate of defended claims.

 

RESOLVED – That the content of the report be noted.