Somerset County Council Insurance Framework Agreement for Somerset and South West Academies

The Framework Agreement will establish the terms and conditions of business between the Council and the appointed Supplier for the provision of Insurance to Academies and Academy Trusts. Appointment to the Framework Agreement will be to a single economic operator. Through the Framework a package of Insurance Poplicies will be made available to Academies and Academy Trusts on the basis of Long Term Agreements of 3 years + 2 years. The range of covers required are: a) Material Damage (including Terrorism) b) Business Interruption (including Terrorism) c) Works in Progress - "All Risks" d) Money e) Employer's Liability f) Public/Products Liability g) Governors' Liability h) Libel & Slander i) Hirers' Liability j) Fidelity Guarantee k) Personal Accident l) School Journey m) Engineering Inspection and Insurance n) Deterioration of Stock o) Commercial Legal Expenses p) Motor including OBU q) Professional Indemnity r) Trustee and Trust Fund Indemnity