Decision Maker: Strategic Director of Finance, Commercialisation and Corporate Services
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Contracts for various insurance cover are due
to expire.
To go to the market and tender the contract to
reduce risk to the Council.
The Council used the Crown Commercial Services Framework Agreement
to reduce overheads in the procurement process and issued tender
documents in July 2019.
Following evaluation of offers, tenders have been accepted and
contracts awarded to two providers
Axa Art Insurance - specifically for insurance for museum artworks
and
Zurich Municipal - for all other covers,(Material Damage, Fidelity
Guarantee, Combined Liability, Motor Insurance, Engineering &
Inspection, Group Personal Accident & Travel and
Computers).
Option 1 - Self Insure
Option 2 - Join Local Government Mutual
Option 3 - Go out to the market and tender the
contract(s)
Publication date: 19/11/2019
Date of decision: 19/11/2019