Issue details

*Corporate Insurance Programme

 

 

To consider a report of the Risk and Assurance Manger detailing considerations relating to the placement of the Council’s Corporate Insurance Programme in line with powers set out in the Council’s Officer Scheme of Delegation and the Council’s Financial Procedure Rules.

 

Decision on placement of the Council's Corporate Insurance Programme which needs to be in place on 1st April 2015. The previous programme, which was entered into on 1st April 2010 is due to expire on the 31st March 2015.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 05/12/2014

Anticipated restriction: Part exempt  - View reasons

Decision due: 6 Feb 2015 by Officer Decision Making

Decision due: 6 Feb 2015 by Chief Financial Officer
Reason: decision date

Lead member: Cabinet Member for Resources and Leisure

Lead director: Chief Financial Officer

Department: Corporate Services Directorate

Contact: Peter Rogers, Risk and Assurance Manager 023 8083 2835 Email: peter.rogers@southampton.gov.uk Tel: 023 8083 2835.

Consultation process

Consultation meetings held with Chief Financial Officer and Deputy Chief Financial Officer. Consulation meetings have also taken place with the councils appointed insurance broker. The Cabinet Member for Resources and Leisure was formally briefed on 26th November 2014

Consultees

Relevant officers in key Council departments and the Cabinet Member

Register of Delegated Powers Reference Number or Cabinet Decision Number:: Officer Scheme of Delegation: 2.4 CHIEF FINANCIAL OFFICER The Chief Financial Officer is responsible for the purposes of Section 151 Local Government Act 1972 for the Council’s Financial Affairs. 2.4.38 To review annually or at such other periods as is considered necessary all risks and insurances following consultation with appropriate Heads of Service, and make arrangements and agree terms with insurers for those risks considered to be economic to transfer to the Council’s insurers. Financial Procedure Rules: C: RISK MANAGEMENT AND CONTROL OF RESOURCES Risk Management Responsibilities of the CFO C.5 To advise the Cabinet on proper insurance cover where appropriate, and effect corporate insurance cover, through external insurance and internal funding.

Decisions

Agenda items

Documents

  • Corporate Insurance Programme