E3957554-DDCF-475B-A200-D3C8FFE96F14.pdf
PDF 323 KB Posted
- 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 May 30, 2025, issued by the Board of Regents of the University of Nebraska for Fine Arts coverage renewal. The contracting parties include the University of Nebraska, Aon Risk Services Central, Inc. (also operating as Commercial Risk Solutions), and Various Participants serving as carriers through a TRIA (Terrorism Risk Insurance Act) program.
The renewal proposal covers Fine Arts insurance with a stated limit and a TRIA option. The Fine Arts coverage premium is $322,739, with TRIA coverage shown as "Not Quoted" by the Various Participants carriers. The document emphasizes the institution's commitment to museum collection management best practices, including regular application updates confirming Total Insurable Value (TIV) by location, maintenance of acquisition records, and exhibition schedules to ensure maximum coverage. The premiums shown exclude Surplus Lines Taxes, policy surcharges, taxes, and fees. The University of Nebraska has accepted the Fine Arts coverage binding, as indicated by the marked acceptance in the binding table.
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