The subject of the decision:
The Council’s insurance policy expired on 1 November 2014. This report provided an update on the future insurance cover for the Council; provided advice on the increased insurance costs and recognised that the increased costs would be met from the existing budget.
Alternative options considered:
None.
The reason for the decision:
To enable insurance cover to be provided and to ensure the most cost effective cover for the Council.
THE DECISION:
That the insurance costs as set out in Annex A of the report of £216,180 be accepted.