aviation insurance News

Swiss Re Corporate Solutions Adds Southern California Aviation Team

Swiss Re Corporate Solutions has established a regional aviation insurance team that operates out of the Santa Ana, Calif. office. Swiss Re Corporate Solutions offers a range of aviation insurance products, from physical aircraft damage insurance to liability coverages for …

Brit Leads New Commercial General Aviation Consortium at Lloyd’s

Brit Ltd., the global specialty insurer, has launched a Lloyd’s consortium for commercial general aviation. Now quoting business, the consortium is being led by Brit with capacity also being provided by Kiln, Hiscox, Apollo and Pritchard, and is the only …

Altitude Risk Partners Appoints Audis as Senior Aviation Underwriter

Altitude Risk Partners, the global aviation and space underwriting business, has expanded its general aviation capabilities with the appointment of Martin Audis as senior underwriter. Audis joins from Starr Aviation where he was a senior underwriter for general aviation business. …

Allianz Launches Workers’ Comp Unit for Aviation Risks

Allianz Global Corporate & Specialty (AGCS) has entered into an agreement with the National Air Transportation Association (NATA) through which it has established a new aviation workers’ compensation department. AGCS will serve as the underwriter for this broker-driven program offering …

Global Aerospace Launches Online Aviation Insurance Platform

Global Aerospace, a provider of aerospace insurance, has launched Aeroinsure, an online aviation underwriting and policy management system. Through Aeroinsure, brokers can instantly access insurance products for their light aircraft customers. Aeroinsure will operate across multiple product lines anywhere in …

Chubb Global Markets Names Wadhams as Chief Underwriting Officer, Aviation

Chubb Global Markets, the London-based wholesale insurance division of Chubb, announced the promotion of John Wadhams, currently senior underwriter, Aviation, to the role of chief underwriting officer, Aviation, with immediate effect. In his new role, Wadhams will work on the …

Global Insurers Explore Opportunities in Iran; Market Worth Premiums of $7.4B

Global insurance firms are circling Iran for business opportunities following the lifting of sanctions – and the first test of their appetite could come in March when some Iranian companies seek new cover. Insurers, the reinsurers that share their risk …

XL Catlin Increases Aviation Insurance Limits

XL Catlin’s North America Aviation insurance business has increased its aircraft hull and liability limits by 50 percent to accommodate companies with aviation risks in the U.S. and Canada. XL Catlin’s aircraft hull policy limits have been increased to $75 …

FAA Task Force Recommends Requiring Registration for Most Drones

Owners of all but the smallest toy drones will have to register them with the U.S. government before the end of the year if the Obama administration adopts proposals issued by a task force it appointed. Registration — designed to …

Endurance Partners with W. Brown Associates for U.S. Aviation Risks

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has entered into an exclusive joint underwriting agreement with W. Brown Associates to provide general liability and property coverages for a wide range of general …