The aviation industry has been flying through a hard aviation insurance market since mid-2018 marked by increasing rates and stricter underwriting guidelines. To address all the factors that have ...
According to the report, the global aviation insurance industry generated $3.43 billion in 2021, and is anticipated to generate $5.75 billion by 2030, witnessing a CAGR of 5.6% from 2021 to 2030.
Agencies and brokers that specialize in aviation insurance are opening new locations, adding staff and improving their customer support services. We highlight three aviation insurance providers below.
“Aviation in itself is not inherently dangerous. But to an even greater degree than the sea, it is terribly unforgiving of any carelessness, incapacity or neglect.” – Captain A. G. Lamplugh, chief ...
Aviation insurance policies are not standardized; it's crucial for pilots to understand their specific policy's conditions, as common myths about claim payouts, attorney costs, or the impact of FAR ...
The London aviation insurance market could be in for a chaotic 2024, Steven Marks of Podhurst Orseck predicts, as reinsurers scramble to cover damages for aircraft crashes that are ballooning far more ...
Relation Insurance Services, which is backed by Aquiline Capital Partners, has acquired True-Course Aviation Insurance, a Camarillo, California-based provider of aviation risk solutions. No financial ...
TruVideo's video intelligence engine helps reduce Aircraft on Ground time, and improve underwriting accuracy, fraud prevention and claims efficiency.
With business aviation insurance, not only can get what you need but also may grow into at least liking your provider. It comes down to establishing the right relationships, which hinge on factors ...
LONDON, July 26 (Reuters) - Airlines could end up paying twice as much for insurance they need to protect themselves against losses triggered by war after a bruising year wiped out aviation war ...
CHICAGO--(BUSINESS WIRE)--Relation Insurance Services (“Relation”) acquired the assets of Business Aviation Insurance Services, Inc. (“BAIS”). The transaction went into effect on November 1, 2024; ...