HomeMy WebLinkAboutExhibit 3 - Scorecard, Marketing Summary, and Premium Comparison2026 Market Scorecard
Rating Basis: 1 (Worst) - 3 (Best)
Criteria Description Resillience Coalition Starr
Capacity Ability to provide desired limits and support future growth 3 3 1
Pricing Competitiveness Likelihood of matching or improving current pricing 3 2 1
Municipality Appetite Demonstrated appetite for public entity/municipal risks 3 3 3
Coverage Breadth Ability to enhance terms, conditions, and endorsements 3 2 2
Financial Strength AM Best rating and financial stability 3 3 3
Market Relationship Existing relationship and responsiveness to Lockton 3 2 1
Long-Term Partnership
Potential Commitment to the public entity space and renewal stability 3 3 3
Total: 21 18 14
Line of Insurance:Cyber
Company Name 1 Lockton Companies
Carrier Quote/Indication
provided?Remarks
Resilience Recommended Offered full $5M limit, at competitive pricing of $90,000. This represents a $30k premium reduction compared to the 2025 program.
Lockton recommends proceeding with this Resilience $5M option, including the $30k Edge Cybersecurity Package
Coalition Quoted Quoted full $5M limit, at an annual premium of $109,997. While pricing is competitive YOY, pricing is not as favorable as Resilience.
Starr Quoted
Quoted a Primary $3M limit at an annual premium of $85,000. Considering competing bids have a full $5M for $90k in Premium, this
pricing is not favorable. In order to achieve the full $5M limit, the City would need to procure a separate $2M xs $3M policy, which
would generate additional premium spend.
City of Denton - 10/1/2026-27 Marketing Summary
Cyber Marketing
Expiring Option Renewal Option Alternative Option
Insurer Resilience + Corvus Resilience Coalition
Admitted/Non-admitted:Non-Admitted Non-Admitted Non-Admitted
Proposed Policy Term: 10/1/2025 – 10/1/2026 10/1/2026 – 10/1/2027 10/1/2026 – 10/1/2027
Aggregate Limit: $5,000,000 $5,000,000 $5,000,000
Retention:$100,000 $50,000 / $0 for Panel Breach Coach $50,000 / $0 for Panel Breach Coach
Waiting Period each BI Loss:12 Hours 8 Hours 12 Hours
Privacy and Security Liability $5,000,000 $5,000,000 $5,000,000 Regulatory Investigations, Fines
and Penalties $5,000,000 $5,000,000 $5,000,000
PCI DSS Assessments $5,000,000 $5,000,000 $5,000,000
Media Liability $5,000,000 $5,000,000 $5,000,000
Network Extortion (Ransomware)$5,000,000 $5,000,000 $5,000,000
Business Interruption
(Security Failure, System Failure)
Contingent Business Interruption
(Security Failure, System Failure)
Digital Asset Restoration $5,000,000 $5,000,000 $5,000,000
Consequential Reputational Loss $5,000,000 $5,000,000 $5,000,000 Bricking (Computer Hardware
Replacement)$5,000,000 $5,000,000 $5,000,000
Forensic Accounting Included Included $250,000
Social Engineering $250,000 $250,000 $250,000
Invoice Manipulation $250,000 $250,000 $250,000
Funds Transfer Fraud $250,000 $250,000 $250,000
Telephone Service Fraud $250,000 $250,000 $250,000
Cryptojacking $1M $1M $1M
Contingent Bodily Injury /
Property Damage $100K $100K $250K
EDGE/Cybersecurity Service
Package Yes Yes No
Primary Premium:$75,000*$90,000*$109,977*
Excess Premium:$45,000*N/A N/A
$90,000*$109,977*
3rd Party Insuring Agreements
1st Party Insuring Agreements
$5,000,000 $5,000,000
Total Annual Premium*$120,000
$5,000,000
$5,000,000 (IT, Non-IT Vendors)
Additional Coverages
$5,000,000 (IT, Non-IT Vendors)$5,000,000 (IT, Non-IT Vendors)
Comparison
(- $30,000 or 25% decrease YOY)(- $10,023 or 8% decrease YOY)
$124,401 $115,617
(- $31,672 or 20% decrease YOY)(- $40,456 or 26% decrease YOY)
Total Spend Inclusive of
Taxes/Fees/Additional
Packages
$156,073
Total Annual Premium*$120,000