Amtrust Selected for Newark Cyber Insurance Coverage
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Description
Newark Council approved moving its cybersecurity insurance to Amtrust for the 2026–2027 policy year, citing better coverage and about $4,000 in savings. The Amtrust cyber policy is part of the City’s overall insurance program totaling just under $1.4 million.
Contract Details
Contract Amount
Included within total insurance program just under $1.4 million; specific cyber premium not itemized; $4,000 savings versus prior carrier
Vendor
AMTRUST
Agency
City of Newark, DE
Contract Type
INSURANCE
Document Date
March 23, 2026
Contract Term
April 1, 2026 – April 1, 2027
Renewal Date
2027-04-01
Renewal Info
New one-year cyber insurance placement for April 1, 2026 through April 1, 2027, with annual renewal expected.
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