AF0544E9-02B7-4E85-AE6F-376F98E4B027.pdf

This is an Acknowledgement & Approval document for a cyber liability insurance renewal proposal dated October 7th, 2019. The document is executed on behalf of the University of Nebraska and involves Aon Risk Services as the binding insurance broker. The proposal pertains to a cyber liability insurance program and includes a Quote Disclosure Report (QDR) also dated October 7th, 2019.

The renewal quote totals $145,000 and includes an additional buffer for surplus taxes. The primary coverage includes a renewal quote with increases to dependent system failure coverage (from $1M to $5M at 5% additional premium) and computer hardware replacement costs related to bricking (5% additional premium). The excess coverage options presented include AXA XL policies at $5M versus $10M limits and AIG policies at $5M versus $10M limits. The services and placements will be provided in accordance with ARS U.S. Business Terms and policies, with the understanding that any existing compensation agreement between the parties would supersede the terms outlined in this proposal. The document is dated October 25, 2019.