The number of claims against highways authorities have increased by 58% over the last five years, according to Zurich Municipal.
Zurich Municipal said that if the cost of highways claims is reduced by just 10% per annum, £50m could be released back into front line service delivery.
Zurich Municipal is chairing three debates at the Association of Local Authority Risk Managers (Alarm) conference (28-30 June in Manchester) and Local Government Association (LGA) conference (6-9 July in Bournemouth).
Guest expert panelists from organisations such as the Transport Research Laboratory and Ordnance Survey will contribute to the sessions.