Gulf Coast Water Authority Board of Directors Meeting Agenda May 2026
Munich Re Excess Liability Renewal Negotiated Downward
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Description
GCWA will renew its $7 million excess liability coverage with Munich Re for FY 2026-2027 at a negotiated premium of $15,669, down from an initial quote of $21,000. The excess policy supports higher liability limits in light of increased payroll exposure and contract requirements.
Contract Details
Contract Amount
$15,669
Vendor
MUNICH RE
Agency
GULF COAST WATER AUTHORITY, TX
Contract Type
INSURANCE
Document Date
May 17, 2026
Contract Term
Fiscal Year 2026-2027
Renewal Date
2027-09-30
Renewal Info
Annual excess liability policy renewed for FY 2026-2027 with increased limits to $7M and negotiated premium reduction.
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Gulf Coast Water Authority Board of Directors Meeting Agenda May 2026
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