Port Authority of NY and NJ Board Meeting Agenda Packet April 2026
Willis Towers Watson to broker new OCIP program
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Description
The Port Authority Finance Committee approved establishing a new Owner-Controlled Insurance Program through Willis Towers Watson Northeast, Inc. for up to three years starting June 1, 2026, covering general liability, workers’ compensation, and builders’ risk for Port Authority construction activities.
Contract Details
Vendor
WILLIS TOWERS WATSON NORTHEAST INC
Agency
Port Authority of New York and New Jersey, NJ
Contract Type
INSURANCE
Document Date
April 22, 2026
Contract Term
Up to three-year policy period effective June 1, 2026
Renewal Date
2029-06-01
Renewal Info
New OCIP placement authorized for up to a three-year term beginning June 1, 2026 to succeed the expiring program; future renewals or replacements would be subject to additional approvals.
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