Corporate Aviation
Market Overview
Corporate aviation (a.k.a. industrial aid) includes businesses operating aircraft (primarily turbo prop, jet, and helicopter aircraft) for the benefit of executive transportation.
This is one of Assurance lnternational's primary classes of business. Assurance lnternational provides aviation policy coverage and placement to all segments of this business. We have the creative flexibility to design a program to fit the client’s specific needs. Currently, our carriers are offering liability limits up to $500 million and hull limits up to $60 million.
Client Profile
Fortune 1000 companies with professional flight departments.
Any organization that operates a corporate aircraft with a
minimum of 24 months of past operating history utilizing either full time
employee pilots, or dedicated contractor pilots that operate the aircraft at
least 90% of the time.
Initial/recurrent motion-based simulator pilot training
is mandatory and required for the make and model insured.
Good loss record.
Management emphasizes safety.
Written operations manual and standardized operational
procedures.
Aircraft maintenance in accordance with the
manufacturer’s recommendations.
Assurance International for comprehensive risk management solutions.