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Metropolitan Nashville Airport Authority AgendaPacket Finance Committee 2026-06-10

Cyber Excess Layer Shifts as Everest Exits Renewal

Portion of $215,569 estimated Cyber Liability/Network Security premium for $15 million total coverageMetropolitan Nashville Airport AuthorityEVERESTJune 10, 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

As part of MNAA’s FY27 cyber liability renewal, Everest has sold renewal rights on one excess layer, prompting the Authority to adjust carriers while maintaining $15 million in total cyber coverage at an estimated premium of $215,569. Marsh is coordinating the transition to ensure continuous protection.

Contract Details

Contract Amount

Portion of $215,569 estimated Cyber Liability/Network Security premium for $15 million total coverage

Vendor

EVEREST

Agency

Metropolitan Nashville Airport Authority, TN

Contract Type

INSURANCE

Document Date

June 10, 2026

Contract Term

July 1, 2026 – July 1, 2027 (expected for cyber program, though Everest sold renewal rights on one excess layer)

Renewal Date

2027-07-01

Renewal Info

Cyber program renews annually; excess structure is being modified due to Everest’s exit, but total limits remain targeted at $15 million.

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