INSURANCEAPPROVED

NYC-New York City Municipal Water Finance Authority Awards Insurance Contract to Aspen Insurance Aspen (October 2025)

Aspen Insurance was authorized as part of the Authority’s $50 million Directors’ and Officers’ liability insurance package for the 2025–2026 term, with overall premiums and broker fees capped at $325,000. The policy protects Authority officials from certain personal liability exposures.

Document date · October 6, 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
Comcate logo
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $325,000 annual premium (aggregate for all insurers, plus broker fee)
Contract type
INSURANCE
Contract term
June 25, 2025 – June 24, 2026
Renewal date
2026-06-24
Renewal
Approved for a one-year D&O liability program term running June 25, 2025 to June 24, 2026; any extensions would be subject to future procurement and board or officer approval.
Document type
AgendaPacket
Source document
New York City Municipal Water Finance Authority Agenda Packet 2025-10-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by NYC-New York City Municipal Water Finance Authority?

Aspen Insurance Aspen 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 Aspen Insurance Aspen contract with NYC-New York City Municipal Water Finance Authority worth?

The Aspen Insurance Aspen 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.

What other contracts does Aspen Insurance Aspen hold?

Aspen Insurance Aspen 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 NYC-New York City Municipal Water Finance Authority currently buying?

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