Cyber Excess Layer Shifts as Everest Exits Renewal
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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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