CONTRACTRENEWED

Fiduciary Insurance Renewal Approved for Markel

Cook County Employees' & Officers' Annuity & Benefit Fund
Disclosed value
$10 million primary policy; combined annual premium for both policies not to exceed $134,910
From minutes
Document date
Aug 6, 2026
Term
September 30, 2026 – September 30, 2027
Renews
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The 30-second brief

What it covers

The Retirement Board approved renewing the Fund’s $10 million primary fiduciary liability policy with Markel American Insurance Company (ULLICO). The policy term is September 30, 2026, through September 30, 2027, as part of a combined fiduciary insurance renewal not to exceed $134,910.

Who holds it

Markel American Insurance Company (Ullico) holds this insurance contract with Cook County Employees' & Officers' Annuity & Benefit Fund.

What happens next

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Contract details

Contract type
Insurance
Amount
$10 million primary policy; combined annual premium for both policies not to exceed $134,910
Document date
August 6, 2026
Term
September 30, 2026 – September 30, 2027
Renews
On record
Vendor
Markel American Insurance Company (Ullico)
Source document
Retirement Board of the County Employees’ and Officers’ Annuity and Benefit Fund of Cook County Minutes 2026-08-06 (Minutes)

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Questions about this contract

Who was awarded the insurance contract by Cook County Employees' & Officers' Annuity & Benefit Fund?

Markel American Insurance Company (Ullico) was awarded this insurance contract by Cook County Employees' & Officers' Annuity & Benefit Fund, as recorded on August 6, 2026. The contract value is $10 million primary policy; combined annual premium for both policies not to exceed $134,910.

How much is the Markel American Insurance Company (Ullico) contract with Cook County Employees' & Officers' Annuity & Benefit Fund worth?

The Markel American Insurance Company (Ullico) contract with Cook County Employees' & Officers' Annuity & Benefit Fund is valued at $10 million primary policy; combined annual premium for both policies not to exceed $134,910, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Retirement Board of the County Employees’ and Officers’ Annuity and Benefit Fund of Cook County Minutes 2026-08-06 (Minutes), dated August 6, 2026 from Cook County Employees' & Officers' Annuity & Benefit Fund. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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