INSURANCEPENDING

Sompo To Provide Mid-Layer Excess Coverage

Sompo is proposed to provide $7.5 million of capacity in a lower mid-layer of Metro’s 2026-2027 excess liability tower. This helps structure coverage above Metro’s self-insured retentions.

Status
PENDING
Document date
July 16, 2026
Contract type
INSURANCE
Vendor
SOMPO
Agency
Los Angeles County Metro Transit Authority · CA

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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
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
Policy period August 1, 2026 – August 1, 2027 (proposed)
Renewal date
2027-08-01
Renewal
Participation reviewed annually as part of Metro’s excess liability renewal.
Document type
StaffReport
Source document
Los Angeles County Metropolitan Transportation Authority StaffReport Excess Liability Insurance Program 2026-07-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Los Angeles County Metro Transit Authority?

SOMPO was awarded this insurance contract by Los Angeles County Metro Transit Authority, as recorded on July 16, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Los Angeles County Metropolitan Transportation Authority StaffReport Excess Liability Insurance Program 2026-07-16 (StaffReport), dated July 16, 2026 from Los Angeles County Metro Transit Authority. 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 Los Angeles County Metro Transit Authority currently buying?

Explore Los Angeles County Metro Transit Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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