Sompo offers limited excess capacity and declines District 11
Colorado Springs School District 11School · Colorado Springs, CO- Document date
- Jan 1, 2025
- Term
- 2025-2026 property marketing cycle
The 30-second brief
Sompo declined to offer a property insurance quote to Colorado Springs School District 11 in 2025, citing limited excess capacity of $2.5–5 million above $50 million at a $50,000 premium. The carrier’s terms were not competitive for the District’s program.
SOMPO holds this insurance contract with Colorado Springs School District 11. Its other public contracts on record include work for California Earthquake Authority and Grand River Dam Authority | State of Oklahoma.
Term as filed: 2025-2026 property marketing cycle.
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Contract details
- Contract type
- Insurance
- Document date
- January 1, 2025
- Term
- 2025-2026 property marketing cycle
- Vendor
- SOMPO
- Source document
- Colorado Springs School District 11 Property Insurance Marketing Summary 2025-01-01 (Report)
SOMPO's other public contracts
More Colorado Springs School District 11 contracts
Questions about this contract
Who was awarded the insurance contract by Colorado Springs School District 11?
SOMPO was awarded this insurance contract by Colorado Springs School District 11, as recorded on January 1, 2025.
What type of contract is this?
This is a Insurance contract, documented as a report record.
Where was this contract approved?
This contract appears in Colorado Springs School District 11 Property Insurance Marketing Summary 2025-01-01 (Report), dated January 1, 2025 from Colorado Springs School District 11. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does SOMPO hold?
SOMPO may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Colorado Springs School District 11 currently buying?
Explore Colorado Springs School District 11's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.