Impact
WARD: Citywide
COMMITTEE: Human Resources
$ IMPACT: $6879.00
Title
Approval of Excess Cyber Security coverage renewal with Towers Watson/Chubb Insurance for $6,879 and authorize the Mayor to execute related documents
Body
ISSUE: Renewal of Excess Cyber Security coverage
BACKGROUND: In 2018, the City enrolled in Excess Cyber coverage through GIRMA/Towers Watson. This provides coverage up to $1,000,000 in the event of a cyber breach. The coverage period is May-April. Our current coverage will expire April 30, 2019. Renewal cost increased only $45.
RECOMMENDATION/REQUESTED ACTION: Approval of Excess Cyber Security coverage renewal with Towers Watson/Chubb Insurance for $6,879 and authorize the Mayor to execute related documents.