Port Authority of NY and NJ Board Meeting Agenda Packet April 2026
Willis to place 2026–27 Port Authority property insurance
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Description
The Port Authority's Finance Committee approved purchasing one year of property damage and loss of revenue insurance for World Trade Center and other facilities through Willis Tower Watson Northeast, Inc. The coverage will run from June 1, 2026 to June 1, 2027 with tailored limits, deductibles, and sub-limits.
Contract Details
Vendor
WILLIS TOWER WATSON NORTHEAST INC
Agency
Port Authority of New York and New Jersey, NJ
Contract Type
INSURANCE
Document Date
April 22, 2026
Contract Term
June 1, 2026 – June 1, 2027
Renewal Date
2027-06-01
Renewal Info
Insurance placement authorized for a new one-year policy term under an existing broker agreement that was renewed in June 2024 and runs through June 14, 2027.
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