Melbourne Airport Authority AgendaPacket May 27, 2026
Airport Liability Insurance Renewal Recommended
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Description
The Melbourne Airport Authority is recommended to renew its general liability insurance with National Union Fire Insurance Company for a one-year term not to exceed $92,051, maintaining $200 million in coverage with a $50,000 deductible. Arthur J. Gallagher Risk Management Services negotiated the renewal at the same premium rate as the previous year.
Contract Details
Contract Amount
Not to exceed $92,051.00
Vendor
NATIONAL UNION FIRE INSURANCE COMPANY
Agency
Melbourne Airport Authority, FL
Contract Type
INSURANCE
Document Date
May 25, 2026
Contract Term
One-year term beginning July 14, 2026 (upon renewal of expiring policy)
Renewal Date
2027-07-14
Renewal Info
Annual liability insurance policy expiring July 14, 2026 would be renewed for one year at the same premium rate; future renewals will likely follow annual negotiation with the broker.
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