FOI reference - FOI-6729
Date - 4 April 2022
Request
We are submitting this freedom of information request to your organisation in order to obtain information regarding whether you have any current insurances in force.
Response
I can confirm we hold the information you have requested and supply next to the questions you supplied below:
- Please confirm the name, position and contact details (telephone number and email address) of the person responsible for arranging and administering the Authority’s insurances.
TPR does not have a single point of contact in this area. Any queries should be sent to: Email: aprocurement@tpr.gov.uk
- Which classes of commercial insurance do the Authority currently procure? When are these policies due for renewal?
TPR has a combined commercial package which covers: Material Damage (Office), Employees, Public Liability, Employers Liability, All Risks (Computers), Personal accident and Business Travel, Terrorism. Annual renewal takes place on the 01/04, our current policies will be in place from 01/04/2022 until 31/03/2023. We are also reviewing putting a Cyber policy in place however this is not yet finalised.
- How much does the Authority spend annually on its insurance premium?
Approximately £22,000 (inc VAT) per annum.
- Please confirm the name of the Authority’s current insurance broker / advisor (if applicable).
Forum Insurance.
- When was the contract for insurance broking services last reviewed / tendered?
We retendered for this in October 2021 through CCS Insurance Service framework RM6020 - Insurance and Related Services 3: Lot 1: Insurance Brokerage and Associated Services.
- When will the current contract for insurance brokerage services expire? Is this subject to a potential extension?
31 March 2023, however we have two extension options of 12 months each written into this contract. A decision on extension has not yet been made.