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INSURANCERECOMMENDED

Metropolitan Utilities District Agenda 2026-06-03

Starr Tech Leads Renewed Property Insurance Layer

Included in total property program premium of $1,356,758 (50% share of $300,000,000 layer)Metropolitan Utilities DistrictSTARR TECHJune 3, 2026

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Description

Starr Tech will serve as the lead carrier for MUD’s 2026-2027 property and equipment breakdown program, assuming 50% of a $300 million excess layer. The renewed coverage contributes to a reduced combined property premium of approximately $1.36 million.

Contract Details

Contract Amount

Included in total property program premium of $1,356,758 (50% share of $300,000,000 layer)

Vendor

STARR TECH

Agency

Metropolitan Utilities District, NE

Contract Type

INSURANCE

Document Date

June 3, 2026

Contract Term

June 15, 2026 - June 15, 2027

Renewal Date

2027-06-15

Renewal Info

Renewal of the prior year’s shared AEGIS/Starr property program with improved rates and adjusted participation shares.

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