INSURANCERENEWED

Convex Renews TRIA Coverage for SEPTA

SEPTA renewed its terrorism risk insurance with Convex Insurance Company, maintaining $100 million in TRIA coverage plus a $5 million sublimit from Factory Mutual for a 13‑month period starting October 1, 2026. The coverage forms part of a combined risk program capped at $3,427,325.

Document date · September 24, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
Included in combined program cost not to exceed $3,427,325
Contract type
INSURANCE
Contract term
13 months beginning October 1, 2026
Renewal date
2027-11-01
Renewal
Renews existing TRIA policy with Convex on a 13‑month term at flat rate, contributing to the combined property and bridge insurance program.
Document type
Agenda
Source document
Southeastern Pennsylvania Transportation Authority Agenda Regular Meeting September 24, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Southeastern Pennsylvania Transportation Authority?

Convex Insurance Company was awarded this insurance contract by Southeastern Pennsylvania Transportation Authority, as recorded on September 24, 2026. The contract value is Included in combined program cost not to exceed $3,427,325.

How much is the Convex Insurance Company contract with Southeastern Pennsylvania Transportation Authority worth?

The Convex Insurance Company contract with Southeastern Pennsylvania Transportation Authority is valued at Included in combined program cost not to exceed $3,427,325, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Southeastern Pennsylvania Transportation Authority Agenda Regular Meeting September 24, 2026 (Agenda), dated September 24, 2026 from Southeastern Pennsylvania Transportation Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Convex Insurance Company hold?

Convex Insurance Company 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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