The Director of Finance submitted a report which provided a review of the Risk and Insurance activity during 2008/09 and the plans for 2009/10. It also detailed the current status of the liability, fire and motor claims fund and the impact of measures taken to improve the management of risk.

Resolved -

(1)  That the transfer of £2,106,000 to the General Fund balance be agreed.

(2)  That regular updates on the progress in Insurance and Risk Management be presented to the Audit & Risk Management Committee.

(3)  That the Insurance Fund budget for 2010/11 be presented to Cabinet in November 2009.