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INSURANCERECOMMENDED

California Association for Park and Recreation Indemnity AgendaPacket Regular Meeting of the Board of Directors 2026-06-23

APIP Property and Cyber Coverage Renewal Planned

$5,474,784.00 (total annual cost for Property, Cyber, and Pollution for FY 2026-27)California Association For Park And Recreation IndemnityALLIANT PROPERTY INSURANCE PROGRAM APIPJune 23, 2026

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Derivita logo
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Description

CAPRI proposes renewing its excess Property, Cyber, and Pollution liability coverage with the Alliant Property Insurance Program (APIP) for FY 2026-27 at a combined estimated cost of $5,474,784. The renewal maintains significant all-risk and wildfire deductibles and reflects higher total insurable values.

Contract Details

Contract Amount

$5,474,784.00 (total annual cost for Property, Cyber, and Pollution for FY 2026-27)

Vendor

ALLIANT PROPERTY INSURANCE PROGRAM APIP

Agency

California Association For Park And Recreation Indemnity, CA

Contract Type

INSURANCE

Document Date

June 23, 2026

Contract Term

Fiscal Year 2026-2027

Renewal Date

2027-06-30

Renewal Info

Annual renewal of APIP excess property, cyber liability, and pollution liability coverage; FY 2026-27 terms include updated TIV, deductibles, and added MRCA exposures.

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