New York City Housing Authority Agenda Regular Meeting 2026-06-24
NYCHA Liability Coverage Includes Lloyd's of London
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Description
NYCHA intends to place a portion of its $100 million General Liability and Automobile Liability tower with Lloyd's of London for the August 1, 2026 to July 31, 2027 policy term. The excess program, including terrorism coverage, carries a total premium of approximately $7.23 million.
Contract Details
Contract Amount
$7,228,146.00 (total premium for layered program)
Vendor
LLOYD'S OF LONDON
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 is for a single policy year; future renewals will be subject to a new procurement or placement process.
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