INSURANCERENEWED

Niagara Frontier Transportation Authority Audit, Governance and Finance Committee Agenda April 2026

Markel joins NFTA’s expanded cyber insurance tower

$128,543.48Niagara Frontier Transportation AuthorityMARKEL INSURANCE COApril 23, 2026

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Description

Markel Insurance Co. participates in NFTA’s renewed cyber liability insurance tower for April 1, 2026–March 31, 2027, helping provide $20 million in coverage at a reduced combined premium. The program strengthens the authority’s defenses against cyber threats.

Contract Details

Contract Amount

$128,543.48

Vendor

MARKEL INSURANCE CO

Agency

Niagara Frontier Transportation Authority, NY

Contract Type

INSURANCE

Document Date

April 23, 2026

Contract Term

April 1, 2026 to March 31, 2027

Renewal Date

2027-03-31

Renewal Info

Cyber policy renewed for FY 4/1/2026–3/31/2027 with higher limits and lower aggregate cost; specific Markel share not itemized.

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