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Decision details

Insurance and Risk Management Strategy

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decisions:

The report updated members of the Audit & Scrutiny Committee with a revised Insurance & Risk Management Strategy attached in Appendix A.

 

The following changes had been updated:

 

Insurance Framework (pages 4, 5 & 6)

Risk Management Framework (page 8)

Roles and Responsibilities (pages 10 & 11)

Risk Tolerance (page 16)

Monitoring arrangements for Key Risks (pages 16 & 17)

 

This report was published as an information only item, however, the Chair confirmed it was in fact a decision item and a vote would follow.

 

A motion was MOVED by Cllr Nolan and SECONDED by Cllr Tanner to

approve the recommendation in the report.

 

Mrs Van Mellaerts presented the report.

 

Following a full discussion a vote was taken and it was RESOLVED UNANIMOUSLY  that Members:

 

1.         Approve and adopt the revised Insurance & Risk Management Strategy 2020, as shown in Appendix A.

 

 

Reasons for Recommendation

 

Risk Management continues to be imbedded quarterly within the Senior

Leadership Team reports, where Service Heads discuss the top-level risks for their service areas to ensure that the risks are updated to reflect the ongoing changes.

 

The Risk and Insurance Officer will continue to work with risk managers to maintain the good progress to date and further develop a consistent application of risk management considerations across all operations of the Council.

 

Report author: Jacqueline Van Mellaerts

Publication date: 08/12/2020

Date of decision: 24/11/2020

Decided at meeting: 24/11/2020 - Audit and Scrutiny Committee

Accompanying Documents: