Board Renews Cyber Liability Coverage with Beazley Layer
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Description
The Board approved cyber liability insurance coverage totaling $15 million in aggregate limits, including coverage from Beazley up to $5 million, for a combined premium of $179,396 in FY27. Premiums will be billed through M3 Insurance and funded from the FY27 budget.
Contract Details
Contract Amount
Portion of $179,396 total premium, taxes, and fees
Vendor
BEAZLEY
Agency
Madison Metropolitan School District, WI
Contract Type
INSURANCE
Document Date
May 18, 2026
Contract Term
FY 2027 coverage period
Renewal Date
2027-06-30
Renewal Info
FY27 cyber liability insurance program approved with layered carriers including Beazley; renewal terms beyond FY27 not specified.
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