INSURANCEAWARDED

NY-State-Bridge Authority Awards $1,250,588 Insurance Contract to Obsidian Specialty Insurance (July 2025)

The Board approved awarding Obsidian Specialty Insurance Co., through Risk Strategies, Inc., a one-year contract to provide combined General Liability and Umbrella/Excess coverage from $0 to $10 million. The audited premium for Contract BA2021-OA-011-IN is set at $1,250,587.50 effective August 1, 2025.

Document date · July 17, 2025

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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
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Scope & details

The full contract record, as filed.

Contract amount
$1,250,587.50
Contract type
INSURANCE
Contract term
One year (effective August 1, 2025)
Renewal date
2026-08-01
Renewal
One-year insurance placement under BA2021-OA-011-IN, subject to audit, as part of restructured liability tower; future renewals will be evaluated based on market conditions and loss experience.
Document type
Minutes
Source document
New York State Bridge Authority Minutes Regular Meeting 2025-07-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by NY-State-Bridge Authority?

Obsidian Specialty Insurance was awarded this insurance contract by NY-State-Bridge Authority, as recorded on July 17, 2025. The contract value is $1,250,587.50.

How much is the Obsidian Specialty Insurance contract with NY-State-Bridge Authority worth?

The Obsidian Specialty Insurance contract with NY-State-Bridge Authority is valued at $1,250,587.50, 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 New York State Bridge Authority Minutes Regular Meeting 2025-07-17 (Minutes), dated July 17, 2025 from NY-State-Bridge Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Obsidian Specialty Insurance hold?

Obsidian Specialty Insurance 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 NY-State-Bridge Authority currently buying?

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