Issue - meetings

To consider a report of the Assistant Director for Finance (Interim 151 Officer).

The report provides a summary of insurance performance for the financial year April 2023 to March 2024.

The Scrutiny Committee is recommended to note and comment upon the report.

Officer contact: John Pearsall on 07527 387 021 or email john.pearsall@stockport.gov.uk

The Assistant Director for Finance (Interim 151 Officer) submitted a report (copies of which had been circulated) providing a summary of insurance performance for the financial year April 2023 to March 2024.

The Cabinet Member for Finance & Resources (Councillor Jilly Julian) attended the meeting to respond to councillor’s questions.

The following comments were made/ issues raised: -

·         The reduction in claims related to the Totally Local Company (TLC) was noted. The majority of claims related to TLC were motor claims and the audit team had worked with TLC on managing risks with their fleet.

·         In addition there was an incentive fund for both TLC and Stockport Homes to reduce the overall number of claims.

·         A number of the claims for Stockport Homes related to fleet vehicles or public liability trips and injuries on Stockport Homes properties or land. A full breakdown of claims related to Stockport Homes would be provided within the next report.

·         In terms of highways claims, a significant number were caused by potholes. Other causes included drainage and issues linked to climate change. Those claims could be difficult to manage, however the highways investment plan had impacted positively on a reduction in the number of claims.

·         There was a clear, proactive approach to risk management which ultimately created savings for council tax payers. The team deserved credit for its work.

RESOLVED – That the report be noted.