Decision details

Procurement of Insurance and associated claims handling for Casualty and Motor Liability (Casualty, Motor, Property, Travel/PA & Engineering and any other necessary insurances) for NYCC and the districts to commence 1st April 2023 in time for the ne

Decision Maker: Corporate Director of Strategic Resources

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To seek approval from the Director of Strategic Resources to proceed with the procurement of Insurance for the new council from 1st April 2023.

Decision:

Proceed with a tender via the YPO Insurance Placement 978 Framework to procure replacement insurance and associated claims handling provisions for the County Council and the seven District Councils who will form the new Council from 1st April 2023.

Reasons for the decision:

NYCC have a Broker contract in place that was arranged via the YPO Insurance Brokerage 964 Framework. Therefore the recommended route to market is to use the associated YPO 978 Insurance Placement Framework to use YPO’s expertise along with that of the appointed Broker to run a further competition process

Alternative options considered:

The CCS RM6138 Insurances Services 3 DPS was considered and discounted due to the restricted access to this DPS. As the Broker was not appointed via this DPS then we would not have access to the most competitive prices CCS has to offer from their key insurers.
An open tender was considered but from previous experience, establishing T&Cs that the insurers will agree to is difficult/complex, whereas when using a framework these are more standard and are already agreed and established with insurers.

Publication date: 12/05/2022

Date of decision: 12/05/2022

Effective from: 20/05/2022

Current call-in Count: 0

Accompanying Documents: