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RESOLVED
that upon recommendations by
the Commissioning Governance Board:
 

1.           
a contract for Property Insurance be
awarded to Insurer 1, as named in the EXEMPT Annex 1 of the
report, for a maximum period of five years from 1 April 2025
at an annual value of 267,789 (including Insurance Premium Tax IPT
currently 12%) and total contract value of
£1,338,945;
 

2.           
a contract for Commercial Property
Insurance be awarded to Insurer 3, as named in the EXEMPT Annex
1 of the report, for a maximum period of five years from
1 April 2025 at an annual value of £87,629 (including
Insurance Premium Tax IPT currently 12%) and total contract value
of £438,145; and
 

3.           
the
Council’s departure from the
Insurance London Consortium (ILC) on 31 March 2025 (with the
12 months’ notice period requirement in the legal agreement
being deemed served) be approved.