Adapt Joins Property Insurance Carrier Panel
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Description
MUD will add Adapt Insurance to its 2026-2027 property and equipment breakdown program, with Adapt providing 15% of a $300 million excess layer. The new structure helps reduce overall property premiums while maintaining broad coverage.
Contract Details
Contract Amount
Included in total property program premium of $1,356,758 (15% share of $300,000,000 layer)
Vendor
ADAPT INSURANCE
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
Part of restructured property program for 2026-2027; first year of participation via Gallagher’s Adapt product.
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