CONTRACTAPPROVED

Minnesota Counties Intergovernmental Trust Awards Insurance Contract to Guy Carpenter (November 2025)

Minnesota Counties Intergovernmental Trust
Disclosed value
$4.025M
From minutes
Approved
Nov 14, 2025
Term
2026 property reinsurance coverage

The 30-second brief

What it covers

MCIT authorized Guy Carpenter to bind its 2026 property reinsurance coverage with Travelers. The coverage provides $198.5 million excess of a $1.5 million retention, includes a $500,000 annual aggregate deductible, and costs $4.025 million.

Who holds it

Guy Carpenter holds this insurance contract with Minnesota Counties Intergovernmental Trust. Its other public contracts on record include work for California Joint Powers Insurance Authority and Weston School District.

What happens next

Term as filed: 2026 property reinsurance coverage.

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Contract details

Contract type
Insurance
Amount
$4.025M
Document date
November 14, 2025
Term
2026 property reinsurance coverage
Source document
Minnesota Counties Intergovernmental Trust Minutes Board of Directors Meeting November 14, 2025 (Minutes)

Guy Carpenter's other public contracts

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Questions about this contract

Who was awarded the insurance contract by Minnesota Counties Intergovernmental Trust?

Guy Carpenter was awarded this insurance contract by Minnesota Counties Intergovernmental Trust, as recorded on November 14, 2025. The contract value is $4.025M.

How much is the Guy Carpenter contract with Minnesota Counties Intergovernmental Trust worth?

The Guy Carpenter contract with Minnesota Counties Intergovernmental Trust is valued at $4.025M, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Minnesota Counties Intergovernmental Trust Minutes Board of Directors Meeting November 14, 2025 (Minutes), dated November 14, 2025 from Minnesota Counties Intergovernmental Trust. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Guy Carpenter hold?

Guy Carpenter may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Minnesota Counties Intergovernmental Trust currently buying?

Explore Minnesota Counties Intergovernmental Trust's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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