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INSURANCEDISCUSSED

City Reviews Munich RE Insurance Renewal Terms

Munich RE continues as the City's property and casualty insurer in partnership with McGowan Governmental Underwriters, providing broad liability and property coverage including dam-related risks and a $10 million umbrella for 2026. The Administration Committee reviewed the renewal terms, though its supporting vote was later invalidated due to lack of quorum.

Document date · August 8, 2026

Issuing agencyCity of Shaker HeightsVendorMunich Re

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
INSURANCE
Contract term
2026 insurance policy year (property & casualty and related coverages)
Renewal
Renewal reflects an approximate 8.35% premium increase, driven by higher property valuations and recent vehicle purchases; underwriters are considering increasing employment practices liability deductibles from $25,000 to $50,000. Quorum issues at the committee meeting delayed formal endorsement, but the relationship with Munich RE continues under existing ordinance allowances.
Document type
Agenda
Source document
Shaker Heights Administration Committee Agenda 2026-08-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Shaker Heights?

Munich Re was awarded this insurance contract by City of Shaker Heights, as recorded on August 8, 2026.

What type of contract is this?

This is a Insurance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Shaker Heights Administration Committee Agenda 2026-08-11 (Agenda), dated August 8, 2026 from City of Shaker Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Munich Re hold?

Munich Re may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Munich Re's profile

What is City of Shaker Heights currently buying?

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