by Ben Peterson | Sep 4, 2024 | Aircraft
Have things started to get volatile in aircraft insurance again? Nothing is given to you. You have to earn it. Same goes for aircraft insurance renewal premiums. Don’t just expect decreases because people have spoken about the “soft market.” Competition drives...
by Ben Peterson | Aug 6, 2024 | Aircraft
What are the most common topics for aircraft insurance today? In-Aircraft Training vs Simulator for turbine aircraft. What insurance companies approve which? Typically the higher the value like $10M+ and they prefer sim training. Same goes for the liability limit....
by Ben Peterson | Jul 1, 2024 | Aircraft
The market has gone flat – 🌊🌊🌊 We’re still getting a lot of calls from aircraft owners out there getting increases in premium this year. Why is that? Probably because their premium is somewhat competitive or their broker hasn’t been able to attract competition...
by Ben Peterson | May 31, 2024 | Aircraft
What’s going on with Aircraft Insurance? We’ve heard a lot about competition and the aviation insurance market turning towards a soft market, which is true, but it’s also a bit divided. Soft areas of the market: Low limits – sub $2,000,000 hull value and...
by Ben Peterson | May 1, 2024 | Aircraft
The Name of the Game is relationships Hard areas of the market: TVPX Aircraft, High Hull Value with Heavy Long Distance International Exposure, Foreign Owners, Dealer Brokers Looking for Short Term Policies without prior insurance company contacts. The more unique the...
by Ben Peterson | Mar 18, 2024 | Aircraft
Our latest insurance market update offers insights into the first quarter of 2024 and what clients can anticipate for the remainder of the 2024 year. A busy Heli Expo has recently come to completion, which was packed with aviation insurance underwriters jockeying for...