Issue - meetings
Insurance Mid Term Monitoring Report
Meeting: 30/10/2007 - Executive Member For Corporate Services and Advisory Panel (Item 37)
37 Insurance Services Mid Term - Monitoring Report 2007/08 PDF 49 KB
This report informs Members of the progress made by the Insurance service during 2007/08. It considers the team’s key achievements in relation to the effective and efficient management of the insurance portfolio; in particular, performance of the insurance funds, efficient management of claims and Employers’ Liability trends.
Decision:
Advice of the Advisory Panel
That the Executive Member be advised:
(i) That the contents of this report and the progress and significant contribution made by the service to VFM at the Council be noted.
Decision of the Executive Member
RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.
REASON:To advise Members of the insurance issues affecting the Council and the success of the insurance self-funding programme.
Minutes:
Members received a report which informed of the progress made by the Insurance service during 2007/08. It considered the team’s key achievements in relation to the effective and efficient management of the insurance portfolio; in particular, performance of the insurance funds, efficient management of claims and Employers’ Liability trends.
Members congratulated staff on the progress made by the Insurance service and noted how important the capital programme was in helping to lower costs to Insurance.
Advice of the Advisory Panel
That the Executive Member be advised:
(i) That the contents of this report and the progress and significant contribution made by the service to VFM at the Council be welcomed.
Decision of the Executive Member
RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.
REASON:To advise Members of the insurance issues affecting the Council and the success of the insurance self-funding programme.