1 / 10

SEERPIC

SEERPIC . Insurance Consortium Purchasing Susan Harman Chair of SEERPIC Lorna Mackay Vice Chair of SEERPIC . South East & Eastern Region Police Insurance Consortium. Established in 1999 Sits under the directorate of the South East & Eastern Region ACPO Finance & Resources Group .

raziya
Download Presentation

SEERPIC

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SEERPIC Insurance Consortium Purchasing Susan Harman Chair of SEERPIC Lorna Mackay Vice Chair of SEERPIC

  2. South East & Eastern Region Police Insurance Consortium Established in 1999 Sits under the directorate of the South East & Eastern Region ACPO Finance & Resources Group

  3. Membership • Sussex Police • Essex Police • Thames Valley Police • Cambridgeshire Constabulary • Suffolk Constabulary • Kent Police • Hertfordshire Constabulary • Surrey Police • Norfolk Constabulary • Hampshire Constabulary • Bedfordshire Police Observer Members Metropolitan Police Service

  4. SEERPIC Links • South East and Eastern Police Risk Management Group • South East & Eastern Region ACPO Finance & Resources Group • Police Authority Treasurers Society (PATS) • South West Risk Management Group • North West Risk Management Forum • ALARM Risk Management Special Interest Group • Region Local authority groups

  5. Principle Objectives of SEERPIC • To Seek to minimise risk financing costs and maximise financial savings by purchasing as a consortium, wherever possible. • To identify areas of commonality between members and where practicable, align practice and procedure. • To share internal resources and pool information. • To support and complement National Public and Police Sector initiatives, such as those set out in the Gershon report 2004. • To support the Home Office recommendations for collaborative working.

  6. Achievements / Developments since 2004 • Joint Motor & Liability Contract, LTA expiring 30th September 2009. Currently 10 forces with in the contract. • Joint Contract for Actuarial Services. • Joint Contract for Brokerage Services • Regional Group Insurance Scheme for police support staff, Launched December 2007. • Project to develop a police-specific policy wording. • Endorsement of achievements from the ACPO Finance Directors and PATS (Police Authority Treasurers Society). • SEERPIC model recommended by PEPS (Procurement Excellence in the Police Service) in a recent feasibility study. • Property contract which includes 11 members.

  7. Direction of SEERPIC from 2009 • The eleven SEERPIC Forces to act as a single insured • 4 stage plan to achieve alignment across all major areas of insurance. • Single points of contact for claims handling and underwriting queries • Alignment of deductibles, Limits of Indemnity and insurance programmes • Common minimum standard for Risk Management across members Forces. • Legal Opinion sought by SEERPIC in December 2006 on the powers of police authorities to purchase insurance as a single unit.

  8. Lessons Learnt • Prepare the tender on an all or nothing basis. • Ensure the group is set up with a management group setting the direction. • Set TOR and ensure each member signs up to the TOR. • Always request that insurers provide you with quotes for the group as a whole and not for individual authorities. • Each member needs to be committed and accept that decisions will be decided by the majority.

  9. Benefits of being part of a consortium • Sharing best practice. • Savings on premium costs. • 11 forces are more powerful than 1. • We are able to benchmark our performance with other members. • Have a network of colleagues who can provide advice and guidance.

  10. ANYQUESTIONS?

More Related