INSURANCEAPPROVED

NYC-Tobacco Settlement Asset Securitization Corporation Awards Insurance Contract to Liberty Mutual Insurance Company Liberty Mutual (September 2024)

TSASC’s Board approved Liberty Mutual Insurance Company as a participating carrier in its $50 million D&O liability insurance program for 2024–2025, structured through broker USI Insurance Services LLC. The total program premium may not exceed $400,000.

Document date · September 26, 2024

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Veritone logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $400,000 annual premium; $50,000,000 of coverage (shared program)
Contract type
INSURANCE
Contract term
June 25, 2024 – June 24, 2025
Renewal date
2025-06-24
Renewal
One-year D&O insurance participation from June 25, 2024 to June 24, 2025; renewals or changes to the carrier panel require subsequent Board action.
Document type
AgendaPacket
Source document
TSASC, Inc. AgendaPacket Meeting of the Members, Audit Committee, Governance Committee, and Board of Directors 2024-09-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by NYC-Tobacco Settlement Asset Securitization Corporation?

Liberty Mutual Insurance Company Liberty Mutual was awarded this insurance contract by NYC-Tobacco Settlement Asset Securitization Corporation, as recorded on September 26, 2024. The contract value is Not to exceed $400,000 annual premium; $50,000,000 of coverage (shared program).

How much is the Liberty Mutual Insurance Company Liberty Mutual contract with NYC-Tobacco Settlement Asset Securitization Corporation worth?

The Liberty Mutual Insurance Company Liberty Mutual contract with NYC-Tobacco Settlement Asset Securitization Corporation is valued at Not to exceed $400,000 annual premium; $50,000,000 of coverage (shared program), 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 TSASC, Inc. AgendaPacket Meeting of the Members, Audit Committee, Governance Committee, and Board of Directors 2024-09-26 (AgendaPacket), dated September 26, 2024 from NYC-Tobacco Settlement Asset Securitization Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Liberty Mutual Insurance Company Liberty Mutual hold?

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

View Liberty Mutual Insurance Company Liberty Mutual's profile

What is NYC-Tobacco Settlement Asset Securitization Corporation currently buying?

Explore NYC-Tobacco Settlement Asset Securitization Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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