Councils currently spend hundreds of millions of pounds on insurance nationally.
The LGA has been working with 17 of its members local authorities to develop proposals for a cost effective alternative to the conventional insurance market products and services available to local government, as well as improved ways of sharing best practice in risk management.
It incorporated the new mutual on 1 May 2018 which will be owned and controlled by its members. The mutual is now procuring a professional service manager to support the next phase of development.
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