Mike Lane, Senior Risk and Insurance Officer introduced a report of the Director of Finance and Investment that informed of progress made in relation to key actions planned for 2018/19 as reported to the Audit and Risk Management Committee at its 23 July 2018 meeting (minute 9 refers).

The report provided a regular update on the work around risk management and insurance in support of the Council’s Risk Management Framework.

The Senior Risk and Insurance Officer highlighted a key area of work in respect of Procurement of Motor Insurance and Engineering Inspection and Insurance Contracts. He informed that this was a major piece of work, and that the existing Long Term Agreements for these contracts end on 31 March 2019 requiring a competitive procurement exercise to be undertaken. The report informed that the Council’s insurance brokers would be providing support to ensure the maximum competition from the insurance market. The Corporate Procurement team had also been engaged and planning for the exercise had begun.

Resolved – that the report be noted.