New York City Housing Authority Agenda Regular Meeting 2026-06-24
Cavello Bay Reinsurance Joins NYCHA Liability Program
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Description
NYCHA plans to include Cavello Bay Reinsurance Limited in its $100 million excess General Liability and Automobile Liability insurance program for the 2026–2027 policy year. The multi-carrier tower, funded from the Self-Insurance Fund, has a total premium of about $7.23 million.
Contract Details
Contract Amount
$7,228,146.00 (total premium for layered program)
Vendor
CAVELLO BAY REINSURANCE LIMITED
Agency
NYC Housing Authority (NYCHA), NY
Contract Type
INSURANCE
Document Date
June 24, 2026
Contract Term
August 1, 2026 – July 31, 2027
Renewal Date
2027-07-31
Renewal Info
Coverage applies for the August 1, 2026 – July 31, 2027 policy period only, with any renewal requiring future Board approval.
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