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Riskpool and Council have productive meeting
Thursday, 11 July, 2013
Riskpool and Christchurch City Council have productive meeting
Christchurch City Council Councillors Helen Broughton and Tim Carter and the Council’s Acting Chief Executive, Jane Parfitt, met yesterday with Riskpool representatives.
Riskpool confirmed that it has given notice of its intention to withdraw professional indemnity cover for claims arising from Council’s Building Act functions and that this would be effective from 10 August 2013 and not immediately as first indicated.
In the meantime Riskpool is preparing a proposal for alternative cover for claims that might arise from all other Council activity. Riskpool explained that its actions were a consequence of the issues that were identified in the media by IANZ and which ultimately led to the loss of Council’s building consent accreditation last week.
Councillor Helen Broughton said, “While it is disappointing that the Council will lose cover for its Building Act functions in early August, it was a positive meeting which helped clarify the position.”
The Council is working to address those issues and have its accreditation reinstated. While that process is underway, the Council and Riskpool have agreed to maintain dialogue on progress and possible future coverage.
- ends
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