D787BDDB-0CB4-458F-B532-2E5CE8996CA2.pdf

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Attached to
CN NE|58-1594-356
Contract number
58-1594-356
Issued by
Nebraska

About this file

This is an Acknowledgement and Instruction to Bind document dated December 17, 2024, executed by the University of Nebraska Board of Regents for a cyber insurance renewal proposal. The document is signed by Anne Barnes, Vice Chancellor of Business & Finance, and countersigned by Kevin Harford, Accounting Manager/Director of Risk Management. The insurance program is placed through Aon's Global Broking Center London (GBCL) with Resilience and Advantage serving as carriers. The renewal is effective for the period 12/13/24 through 12/31/25.

The document outlines multiple cyber liability coverage options underwritten by Resilience and Advantage. Four primary cyber liability options are presented with differing limits and retentions, along with an add-on for breach response costs. Additional options to increase the overall limit are available under both Resilience and Advantage carriers, each with separate retention structures. While specific premium amounts are redacted in the document, the structure indicates acceptance of Cyber Liability Option 1 and decline of Options 2, 3, and 4. The renewal incorporates Commercial Risk Solutions U.S. Business Terms, Additional Business Terms for Programs Placed through Aon's Global Broking Center London, and General Data Protection Regulation compliance requirements as outlined in the Fee Agreement.

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