Following the annual risk assessment (per Regulation 14), the RFO shall effect all insurances and negotiate all claims on the Council's insurers.
The RFO shall keep a record of all insurances effected by the Council and the property and risks covered thereby and annually review it.
The RFO shall be notified of any loss liability or damage or of any event likely to lead to a claim, and shall report these to Council at the next available meeting.
All appropriate members and employees of the Council shall be included in a suitable form of security or fidelity guarantee insurance which shall cover the maximum risk exposure as determined by the Council.
