The mutual aims to save its members money by offering an effective alternative to the conventional insurance products and services available to local authorities.
Any surpluses the mutual generates may be used to reduce the cost of insurance, improve the claims process or returned back to members as income.
The structure of the mutual means the council will not pay insurance premium tax, currently set at 12 per cent, on the vast majority of insurance products.
As well as saving money, the mutual puts councils in control by working together, sharing knowledge of best practice and reducing members’ risk exposure without increased costs.
Leader of the Council, Councillor Peter Lamb, said:
“It’s great to see Crawley Borough Council become a founding member of this initiative. The mutual is another way the council is saving money to put back into services and to reduce the forecasted budget gap.”
As a member, the council can still choose between the mutual and private companies for its insurance. However, the mutual can offer price matching or better cover that is up-to-date with changes in local authorities’ organisational and operational activities.
The council can insure through the mutual from 1 April 2020.
Find out more about the Local Government Mutual here: www.local.gov.uk/new-local-government-mutual
The Cowdray Arms is back!
The anticipated re-launch following a huge refit has finally completed and it looks amazing.
Only two weeks ago we did a story on how the Cowdray Arms had been bought and leased by new owners. You can read that story here.
Now after many weeks renovations, a new concept, a new Michelin Star chef and staff eager to show off their stunning venue it has finally opened.
We took a glimpse inside to share the wonderful new look and feel.
It is a fantastic transformation, but the venue is only one part for the new menu and with a Michelin Star chef overseeing the kitchen the class of cooking is way above any ‘pub chain’ across the town.
With an enlarged garden area now finished and even boutique rooms soon to be available, the Cowdray Arms is certainly back
You can find out more information by contacting the Cowdray Arms on 01444 811 280