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INSURANCERECOMMENDED

Metropolitan Utilities District Agenda 2026-06-03

Adapt Joins Property Insurance Carrier Panel

Included in total property program premium of $1,356,758 (15% share of $300,000,000 layer)Metropolitan Utilities DistrictADAPT INSURANCEJune 3, 2026

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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

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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