Des Moines Area Regional Transit Authority Commission Meeting Agenda Packet July 2024
Cyber Insurance Renewal with Bilbrey Insurance
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Description
The DART Commission is being asked to renew cyber insurance coverage with Bilbrey Insurance for FY 2025 at $44,393. The lower premium reflects agency-side controls and reduced policy limits.
Contract Details
Contract Amount
$44,393 for FY 2025
Vendor
BILBREY INSURANCE
Agency
Des Moines Metropolitan Transit Authority, IA
Contract Type
INSURANCE
Document Date
July 9, 2024
Contract Term
Fiscal Year 2025 (July 1, 2024 – June 30, 2025)
Renewal Date
2025-06-30
Renewal Info
Seventh year of excess cyber coverage; FY 2025 renewal reduces limits but lowers premium by 16.5% versus prior year.
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Related Contracts
Issuing Agency
Des Moines Metropolitan Transit Authority
Special District
Des Moines, IA
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