PISD StaffReport Consideration and possible renewal of CSP #25P-028LP 2026-05-26
Insurance Renewal Approved with Arthur J. Gallagher Risk
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Description
The board recommended renewing its insurance contract with Arthur J. Gallagher Risk Management Services for property, boiler & machinery, cyber liability, and crisis management coverage for the 2026-2027 year, not to exceed $9,110,253. The renewal covers layered insurance arrangements placed with Hartford Steam Boiler, CHUBB, and Lloyds of London.
Contract Details
Contract Amount
Not to exceed $9,110,253.00
Vendor
ARTHUR J. GALLAGHER RISK MANAGEMENT SERVICES
Agency
Pasadena Isd, TX
Contract Type
INSURANCE
Document Date
May 26, 2026
Contract Term
June 1, 2026 to June 1, 2027
Renewal Date
2027-06-01
Renewal Info
Contract is renewable annually for up to three additional years after this renewal; this is the first of four total renewal options.
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