Purpose

To award contract

Content

1.           
Noted that the Council’s corporate insurance
contract (excl. Motor) is due to expire on 31 March
2026. 

 
2.           
Noted that the corporate contract comprises seven
(7) individual insurance contracts (policies) let under one
umbrella contract to secure a package discount. This is the
standard offer and practice in the insurance market. 

 
3.           
Noted, for the reasons set out in the report, that
the Council’s current insurer has offered a 12 month
contract, maintaining existing contract rates for each individual
contract.

 
4.           
Noted the report is seeking a direct award of a one
year contract to Risk Management Partners pursuant to CSO 22.2(c).
This award will be for insurance policy year commencing 1 April
2026 to 31 March 2027. CSO 22.2(c) allows a direct award of a
contract where the urgency of the procurement justifies the direct
award.

 
5.           
Noted that a procurement exercise will be undertaken
shortly to secure a new Long Term Agreement for the corporate
insurance contract expected to commence on 1 April 2027.