Insurance Claims Report 2020/21
Confidential report regarding the Council’s insurance claims in 2020/2021.
The Committee scrutinised a report of the Chief Finance Officer which provided members with insurance statistics and highlighted insurance claim trends. The main points included: the total claims cost mitigation amount achieved by the Insurance team during the period June 2020 – May 2021; the five year total for Liability claims paid/outstanding; a comparison to the equivalent statistics for 2019/2020 and in doing so the Committee noted that the number of claims had decreased significantly.
The report contained confidential data and trends in relation to the Council's insurance claims and informed Members of the impact on potential costs from the work of the Insurance Team and was intended to increase awareness of trends in claims over recent years but with particular regard to 2020/2021.
The Committee were advised that the vast majority of claims that have to be determined in Court are successfully defended by the Council.
1. That the report be noted and welcomed.
2. The Committee requests that future reports on this matter, include details of associated claims cost mitigation to the authority.
N.B. the press and public were readmitted to the meeting at the conclusion of this item.