City of Red Deer Audit Committee Agenda Packet May 20 2026
Liberty Continues as Excess Property Insurer for City
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Description
Liberty continues to provide excess property insurance for the City of Red Deer through a $150 million layer shared with Intact Insurance, renewed for 2026–2027 at reduced rates. The coverage incentivizes targeted risk control at high-value facilities.
Contract Details
Vendor
LIBERTY
Agency
City of Red Deer, Canada
Contract Type
INSURANCE
Document Date
May 20, 2026
Contract Term
March 1, 2026 – March 1, 2027
Renewal Date
2027-03-01
Renewal Info
Excess property coverage renewed with reduced rates and a risk bursary for the 2026–2027 term.
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