Metropolitan Utilities District Agenda 2026-06-03
AEGIS Shares in 2026-27 Property Insurance Program
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Description
MUD plans to renew its property, LNG/caverns, equipment breakdown, and data processing coverage with AEGIS Electric & Gas Ins Services as part of a multi-carrier program. AEGIS will provide a 35% share of a $300 million excess layer within a combined $1.36 million property premium.
Contract Details
Contract Amount
Included in total property program premium of $1,356,758 (35% share of $300,000,000 layer)
Vendor
AEGIS ELECTRIC & GAS INS SERVICES
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
Renewal of expiring June 15, 2025 policy; deductible remains at $500,000 with carrier participation share reduced from 50% to 35%.
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