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Sompo Supplies Excess Medical Liability Coverage

University Of Illinois System Offices logoUniversity Of Illinois System Offices
Disclosed value
$3,694,146 (program total shared among carriers)
From report
Document date
Nov 14, 2024
Term
FY2024

The 30-second brief

What it covers

Sompo provided excess medical professional and hospital liability coverage to the University of Illinois System in FY2024 as part of a $95 million excess insurance tower. The coverage supplements the self-insured retention for clinical risk.

Who holds it

SOMPO holds this insurance contract with University Of Illinois System Offices. Its other public contracts on record include work for California Earthquake Authority and Grand River Dam Authority | State of Oklahoma.

What happens next

Term as filed: FY2024.

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Contract details

Contract type
Insurance
Amount
$3,694,146 (program total shared among carriers)
Document date
November 14, 2024
Term
FY2024
Vendor
SOMPO
Agency
University Of Illinois System Offices
Source document
University of Illinois System Annual Report FY 2024 (Report)

SOMPO's other public contracts

California Earthquake Authority, CaliforniaCyber Insurance Coverage with Sompo · Sep 10, 2026UndisclosedCalifornia Earthquake Authority, CaliforniaCyber Insurance Policy with Sompo Considered · Sep 10, 2026UndisclosedCalifornia Earthquake Authority, CaliforniaCEA Renews Cyber Insurance with Sompo · Sep 10, 2026$502.7KGrand River Dam Authority | State of Oklahoma, OklahomaSompo Included in GRDA Builder’s Risk Extension · Aug 12, 2026$179.4KGrand River Dam Authority | State of Oklahoma, OklahomaBuilder’s Risk Coverage Extended Through Sompo · Aug 12, 2026UndisclosedAll SOMPO contractsVendor profile

More University Of Illinois System Offices contracts

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Questions about this contract

Who was awarded the insurance contract by University Of Illinois System Offices?

SOMPO was awarded this insurance contract by University Of Illinois System Offices, as recorded on November 14, 2024. The contract value is $3,694,146 (program total shared among carriers).

How much is the SOMPO contract with University Of Illinois System Offices worth?

The SOMPO contract with University Of Illinois System Offices is valued at $3,694,146 (program total shared among carriers), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a report record.

Where was this contract approved?

This contract appears in University of Illinois System Annual Report FY 2024 (Report), dated November 14, 2024 from University Of Illinois System Offices. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does SOMPO hold?

SOMPO 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 University Of Illinois System Offices currently buying?

Explore University Of Illinois System Offices's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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