NYC-New York City Municipal Water Finance Authority Awards Insurance Contract to American International Group Aig (October 2025)
NYC-New York City Municipal Water Finance AuthorityCity · New York, NY- Disclosed value
- Not to exceed $325,000 annual premium (aggregate for all insurers, plus broker fee)
- From agendapacket
- Approved
- Oct 6, 2025
- Term
- June 25, 2025 – June 24, 2026
The 30-second brief
The Authority approved procurement of Directors’ and Officers’ liability insurance from American International Group (AIG) as part of a $50 million coverage tower for June 25, 2025 through June 24, 2026, with total premiums and fees capped at $325,000. This insurance supplements statutory indemnification for Authority directors, officers, and employees.
American International Group Aig holds this insurance contract with NYC-New York City Municipal Water Finance Authority. Its other public contracts on record include work for NYC-Tobacco Settlement Asset Securitization Corporation.
Term as filed: June 25, 2025 – June 24, 2026.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Insurance
- Amount
- Not to exceed $325,000 annual premium (aggregate for all insurers, plus broker fee)
- Document date
- October 6, 2025
- Term
- June 25, 2025 – June 24, 2026
- Source document
- New York City Municipal Water Finance Authority Agenda Packet 2025-10-06 (AgendaPacket)
American International Group Aig's other public contracts
More NYC-New York City Municipal Water Finance Authority contracts
Questions about this contract
Who was awarded the insurance contract by NYC-New York City Municipal Water Finance Authority?
American International Group Aig was awarded this insurance contract by NYC-New York City Municipal Water Finance Authority, as recorded on October 6, 2025. The contract value is Not to exceed $325,000 annual premium (aggregate for all insurers, plus broker fee).
How much is the American International Group Aig contract with NYC-New York City Municipal Water Finance Authority worth?
The American International Group Aig contract with NYC-New York City Municipal Water Finance Authority is valued at Not to exceed $325,000 annual premium (aggregate for all insurers, plus broker fee), covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in New York City Municipal Water Finance Authority Agenda Packet 2025-10-06 (AgendaPacket), dated October 6, 2025 from NYC-New York City Municipal Water Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does American International Group Aig hold?
American International Group Aig 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 NYC-New York City Municipal Water Finance Authority currently buying?
Explore NYC-New York City Municipal Water Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.