INSURANCEAMENDED

SIU Doubles Authorized Limit on Marsh Medical Liability Policy

The SIU Board of Trustees moved to amend its medical professional liability insurance and broker services contract with Marsh, doubling the authorized contract amount from $4.5 million to $9 million to address increased malpractice premiums through renewal periods ending in 2030. Marsh will continue as broker under the existing multi-year framework funded by the university’s Self-Insurance Program.

Status
AMENDED
Document date
July 9, 2026
Contract type
INSURANCE
Vendor
MARSH
Agency
Southern Illinois University-System Office · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Increase from $4,500,000 to $9,000,000 (authorized contract amount)
Contract type
INSURANCE
Contract term
Original four-year term effective July 1, 2020, with options for three additional two-year renewals through approximately 2030
Renewal date
2030-06-30
Renewal
Original contract effective July 1, 2020 for four years with options for three additional two-year renewals; this amendment increases the total authorized spend to cover anticipated premiums through approximately 2030.
Document type
AgendaPacket
Source document
Southern Illinois University Board of Trustees Agenda Packet 2026-07-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Southern Illinois University-System Office?

MARSH was awarded this insurance contract by Southern Illinois University-System Office, as recorded on July 9, 2026. The contract value is Increase from $4,500,000 to $9,000,000 (authorized contract amount).

How much is the MARSH contract with Southern Illinois University-System Office worth?

The MARSH contract with Southern Illinois University-System Office is valued at Increase from $4,500,000 to $9,000,000 (authorized contract amount), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Southern Illinois University Board of Trustees Agenda Packet 2026-07-09 (AgendaPacket), dated July 9, 2026 from Southern Illinois University-System Office. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MARSH hold?

MARSH may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Southern Illinois University-System Office currently buying?

Explore Southern Illinois University-System Office's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Southern Illinois University-System Office's profile

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