The subject of the decision:

This report provided an update on the future insurance cover for the Council and recognised the decreased costs in insurance premiums.

Alternative options considered:

None.

The reason for the decision:

The Council’s insurance policy would expire on 1 November 2019 and Cabinet was satisfied that the procurement exercise undertaken achieved value for money for the Council in renewing its insurance policy.

THE DECISION:

That Cabinet accepts the insurance costs as se out in Annex A of the report at £166,352.00.