Issue - decisions

Award of Contract: County Council Insurance Provision OKD21 21/22

23/09/2021 - Award of Contract: County Council Insurance Provision OKD21 21/22

The Director has agreed:

 

(1)        That the renewal terms quoted by Risk Management Partners on behalf of AIG and QBE for the period 29th September 2021 – 28th September 2022 are accepted.

(2)        That external insurances for commercial / casualty combined (all cover) for West Sussex County Council be implemented by entering in to a 3 year LTA commencing 29th September 2021 with RMP on behalf of AIG and QBE with an option to extend for a further period of 2 years at the end of the 3 year period at a cost for the renewal with RMP of £2.0m.

(3)        That the insurances for engineering combined, terrorism, drones and airside liability be implemented in accordance with standalone quotes in accordance with brokers recommendations.

(4)        That the County Council retain existing deductibles of £250,000 for material damage and £750,000 for casualty combined.