Agenda item

Insurance and Indemnities

Joint report of the Comptroller & City Comptroller and the Chamberlain.

Minutes:

The Committee considered a report of the Comptroller and City Solicitor and the Chamberlain setting out the position in relation to the potential personal liability of members of the Local Government Pension Board (LGPB) and the Police Pensions Board (PPB) in the event of breaches of data protection legislation.

 

A Member clarified that the indemnity for the benefit of former City of London Police officers could only be indemnified through City’s Cash, but former City Corporation employees could be indemnified through City’s Fund.

 

RESOLVED, that:

·         It be recommend to the Court of Common Council to agree that, utilising powers in the 2004 Order and in the Localism Act 2011, and utilising City’s Cash where necessary, the City Corporation resolves to indemnify Members and officers, including former officers, and serving and former police officers, who sit as members of the Boards against any personal liability that may arise to pay a civil penalty under the Data Protection Act 2018, to the extent that the City Corporation’s insurance policies do not cover such liability, and subject to the exclusions and restrictions contained in the 2004 Order.

Supporting documents: