Issue - meetings

Annual Insurance Report 2020/21

Meeting: 12/10/2021 - Corporate, Resource Management & Governance Scrutiny Committee (Item 4)

4 Annual Insurance Report 2020/21 pdf icon PDF 108 KB

To consider a report of the Corporate Director (Corporate and Support Services) and Deputy Chief Executive

 

The report sets out the Annual Insurance Report which provides a summary of insurance performance for the financial year April 2020 to March 2021.

 

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

 

Officer Contacts: John Pearsall/Sarah Cook on 0161 474 4033/4030 or email: john.pearsall@stockport.gov.uk/sarah.s.cook@stockport.gov.uk

 

Additional documents:

Minutes:

A representative of the Corporate Director (Corporate and Support Services) and Deputy Chief Executive submitted a report (copies of which had been circulated) setting out the Annual Insurance Report which provided a summary of insurance performance for the financial year April 2020 to March 2021.

 

The Cabinet Member for Resources, Commissioning and Governance (Councillor Tom McGee) attended the meeting to respond to questions from the Scrutiny Committee.

 

The following comments were made/issues raised:-

 

·         The value of the reserves which had been defended (£0.38m on red claims and £0.13m on amber claims) was commended.

·         Despite significant improvements, highway public liability claims (personal injury and damage) still represented the largest current overall risk to the Council in terms of numbers received. However, the overall percentage of highways claims repudiated (where claims were successfully defended) was being maintained at a consistently high level.

·         The bespoke training was highlighted such as support regarding the management of tree related claims which were becoming more prevalent due to climate change.

·         The consequences of making a fraudulent claim were highlighted.

 

RESOLVED – That the report be noted.