CONTRACTAPPROVED

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

NYC-Tobacco Settlement Asset Securitization Corporation logoNYC-Tobacco Settlement Asset Securitization Corporation
Disclosed value
Not to exceed $400,000 annual premium; $50,000,000 of coverage (shared program)
From agendapacket
Approved
Sep 26, 2024
Term
June 25, 2024 – June 24, 2025

The 30-second brief

What it covers

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.

Who holds it

Liberty Mutual Insurance Company Liberty Mutual holds this insurance contract with NYC-Tobacco Settlement Asset Securitization Corporation. Its other public contracts on record include work for NYC-New York City Municipal Water Finance Authority.

What happens next

Term as filed: June 25, 2024 – June 24, 2025.

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Contract details

Contract type
Insurance
Amount
Not to exceed $400,000 annual premium; $50,000,000 of coverage (shared program)
Document date
September 26, 2024
Term
June 25, 2024 – June 24, 2025
Source document
TSASC, Inc. AgendaPacket Meeting of the Members, Audit Committee, Governance Committee, and Board of Directors 2024-09-26 (AgendaPacket)

Liberty Mutual Insurance Company Liberty Mutual's other public contracts

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Questions about this contract

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.

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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.

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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