Aviation Insurance Podcast: Recent Episodes
Tim Bonnell Jr.
Providing you the foundations of aviation insurance as well as updates on what is happening in the aviation insurance marketplace.
Buying an aircraft is one of the biggest investments many pilots and aviation businesses will ever make—but too many buyers approach aviation insurance like auto insurance, creating costly mistakes before the transaction even closes.
In Episode 127 of the Aviation Insurance Podcast, Tim Bonnell Jr. sits down with Paula Williams of the Aircraft Acquisition & Ownership Alliance (AAOA) to discuss what aircraft buyers, owners, and aviation professionals need to know about building the right team for a successful aircraft transaction.
From selecting the right aviation insurance broker to coordinating with attorneys, lenders, tax advisors, and other aviation specialists, this conversation highlights why collaboration and clear communication are essential. Tim also shares the philosophy behind his bestselling book Quit Jacking Around, how those principles have shaped Aeris Insurance, Aereach Strategic Partners, and TriVector Labs, and why alignment is the key to long-term success.
Whether you're purchasing your first aircraft, growing an aviation business, or simply want to better understand the aviation insurance process, this episode is packed with practical insights you can put to work immediately.
Thinking about buying an aircraft? Success isn't just about finding the right airplane—it's about building the right team.
In Episode 126 of the Aviation Insurance Podcast, Tim Bonnell Jr. joins Paula Williams of the Aircraft Owners Alliance (AAOA) to discuss what aircraft owners, pilots, and aviation professionals should know before purchasing an aircraft. From aviation insurance and aircraft transactions to building trusted relationships with brokers, attorneys, lenders, and maintenance professionals, this conversation explores the importance of collaboration throughout the ownership journey.
The discussion also covers Tim's entrepreneurial journey, the story behind Quit Jacking Around, the growth of Aeris Insurance, Aereach Strategic Partners, and TriVector Labs, and how building the right team has shaped each business.
Whether you're purchasing your first aircraft, managing a fleet, or looking to strengthen your aviation business, this episode offers practical insights from decades of aviation experience.
Many aviation businesses focus on aircraft insurance and general liability—but one of the biggest coverage gaps often begins the moment you sign a contract.
In Part 3, Tim Bonnell Jr. explains why Contractual Liability is one of the most misunderstood areas of aviation insurance. From hangar agreements and fueling contracts to aircraft leases and maintenance agreements, many aviation businesses unknowingly assume liability that may not be covered by their insurance policy.
If you operate an FBO, MRO, airport, flight school, charter operation, or any aviation business that signs contracts, this episode is essential viewing.
Many aviation businesses focus on aircraft insurance and general liability, but some of the most significant exposures aren't covered under standard aviation policies.
In this episode, Tim Bonnell Jr. discusses four often-overlooked liability coverages that FBOs, MROs, airports, flight schools, charter operators, corporate flight departments, and aviation businesses should review with their insurance team.
From cyber attacks and employee-related lawsuits to professional liability and non-owned auto exposures, these risks can create costly gaps in your aviation insurance program if left unaddressed.
In this first part of a 3-part series, Tim Bonnell Jr. breaks down some of the most overlooked coverages impacting FBOs, MROs, airports, flight schools, and aviation businesses today.
From parts inventory and fuel inventory to business income, environmental pollution liability, and property in transit, these are the hidden exposures that can create massive uninsured losses if ignored.
✈️ Whether you operate an airport business, maintain aircraft, or manage aviation operations, understanding these overlooked risks is critical for protecting your operation through proper aviation insurance and aircraft insurance planning.
How AI Is Transforming Aviation Insurance | TriVector Labs Special Episode
In this special Aviation Insurance Podcast episode recorded at the Aviation Insurance Association Conference in Dallas Texas, Tim Bonnell joins fellow TriVector Labs founders Danny Maco and Art Jimenez to discuss how AI is transforming aviation insurance workflows for brokers carriers underwriters and aviation insurance professionals.
From validated aviation specific intelligence to secure AI driven workflows and faster research capabilities, this conversation explores how specialized AI tools are helping aviation insurance professionals work more efficiently with greater accuracy and confidence.
The TriVector Labs team shares insights on:
Why general AI tools often fall short for aviation insurance How aviation specific AI improves underwriting and research The importance of security and validated information How AI can support brokers carriers CSRs and underwriters The future of AI powered workflows in aviation insurance
If you work in aviation insurance aircraft insurance underwriting or aviation risk management this special episode provides an inside look at where the industry is heading next.
In this short episode of the Aviation Insurance Podcast, Tim Bonnell breaks down how the ongoing Iran conflict is impacting aviation insurance, including rising fuel costs, war risk coverage, and potential supply chain disruptions.
From changes in fuel inventory values to evolving war risk premiums, this episode highlights key considerations for aviation operators, aircraft owners, and industry professionals navigating an uncertain and rapidly changing environment.
In Episode 123 of the Aviation Insurance Podcast, Tim Bonnell sits down with Sean Kelly, Chief Underwriting Officer at Aerospace Insurance Managers, to explore the realities of aviation insurance underwriting, risk selection, and the future of the aviation insurance market. From non-standard risks and pilot transitions to AI, data-driven underwriting, and market challenges, this episode provides a real-world look at how aviation and aircraft insurance decisions are made—and why relationships still matter in a technology-driven world. Whether you're a pilot, aircraft owner, broker, or aviation professional, this conversation offers valuable insight into how underwriting shapes the aviation insurance industry today and into the future.
In this episode of the Aviation Insurance Podcast, host Tim Bonnell Jr. sits down with Mike Duke, Founder of DBT Aero, to explore emerging aviation technologies and what they mean for the future of Aviation Insurance and Aircraft Insurance risk management.
As aircraft innovation accelerates — from new propulsion systems to novel aircraft designs — insurers and aviation professionals must rethink how risk is evaluated and managed. Mike shares his journey into aviation innovation, the mission behind DBT Aero, and how new aircraft technologies could reshape aviation safety, aircraft design, and ultimately aviation insurance underwriting.
This discussion dives into the intersection of engineering innovation, aviation safety, and how the aviation insurance industry must adapt to support new aircraft technologies while maintaining responsible risk management.
If you're an aircraft owner, pilot, aviation professional, or insurance expert, understanding how innovation affects Aircraft Insurance and Aviation Insurance markets is essential.
In Episode 121 of the Aviation Insurance Podcast, Tim Bonnell sits down with Gary Churchill, President & COO of Old Republic Aerospace, to discuss the state of the aviation insurance market in 2026.
From Mosaic regulations and fleet modernization to underwriting discipline, severity-driven losses, AI, and advanced air mobility, this episode explores how aviation and aircraft insurance companies are navigating market stability, competition, and long-term sustainability.
If you're involved in aviation insurance, aircraft insurance, or aviation risk management, this episode provides executive-level insight into where the market stands — and where it may be headed.
A recent LinkedIn post claimed aviation doesn't have an insurance market—it has an insurance cartel. In this solo episode, host Tim Bonnell Jr. takes on the claim directly, providing an honest, educational, and passionate response from someone who understands both sides of the industry.
From transparency, accountability, and market cycles to the rising costs, capacity limits, and misunderstood underwriting practices—Tim sheds light on how aviation insurance really works and why the "cartel" narrative oversimplifies a complex ecosystem.
✈️ Whether you're a pilot, aircraft operator, risk manager, or aviation professional, this episode offers crucial insight into the challenges and realities shaping aviation and aircraft insurance today.
In this forward-looking episode, host Tim Bonnell Jr. shares his top 5 predictions for the aviation and aircraft insurance industry in 2026.
From reinsurance market shifts to emerging AI underwriting tools and advanced air mobility, this episode offers key insights for underwriters, brokers, aircraft owners, and risk managers. Backed by 2025's claim trends and technological advances, Tim explains what could reshape insurance pricing, coverage limits, and pilot qualifications this year.
🛩️ If you're navigating aviation insurance in 2026, this episode is your radar scan of what's coming.
At the start of 2025, we made five bold predictions about where the aviation insurance market was headed. Now, as we kick off 2026, it's time to look back and see how those predictions actually played out.
In this episode of the Aviation Insurance Podcast, Tim Bonnell recaps the 2025 bold predictions, breaks down what came true, what's still evolving, and how these trends continue to shape the aviation insurance market moving forward.
In this second installment of our aviation insurance FAQ series, host Tim Bonnell Jr. answers the most common questions pilots and aircraft owners ask about aviation insurance coverage.
From what drives your aircraft insurance premium, to actionable tips on how to lower it—this episode is packed with practical insights for aircraft owners, operators, and aviation businesses alike.
We also unpack the role of aviation insurance brokers, whether coverage is required by law, and lesser-known insurance types you may need. Whether you're new to aviation insurance or looking to sharpen your understanding—this episode is a must-listen.
👉 Listen to the full episode to better understand your policy and protect your assets.
Welcome back to the Aviation Insurance Podcast! In this episode, Tim Bonnell Jr. breaks down the most frequently searched and asked questions in aviation insurance — the same questions pilots, aircraft owners, and operators type into Google every day.
Whether you're new to aircraft ownership or want clarity on what your policy really covers, this episode gives you a clear, expert-backed foundation.
Join Tim Bonnell Jr., host of the Aviation Insurance Podcast, as he breaks down the unique risks, rewards, and responsibilities of owner-flown single pilot operations. Whether you're managing your own aircraft or just curious about this sector, this episode offers expert insights into decision-making, coverage considerations, and real-world flying lessons.
Are brokers being replaced by AI? Not quite. In this episode, we unpack how Augmented Intelligence is transforming the aviation insurance industry—and how brokers can lead the charge.
From faster submissions to predictive analytics and scalable tools, AI isn’t taking jobs—it’s making them better. Our guests share how to prepare for the shift, serve clients better, and stay relevant in a rapidly digitizing world.
In Episode 112 of the Aviation Insurance Podcast, host Tim Bonnell Jr. sits down with Mark Pennington, Senior Vice President – Head of Aviation, North America at W. Brown & Associates, a Sompo Company.
With over three decades in aviation insurance, Mark shares a grounded perspective on where the market’s been—and where it’s headed. From leadership lessons to market cycles, pilot shortages, and the future of underwriting, this is a masterclass in staying resilient and relevant in a turbulent industry.
In this episode, host Tim Bonnell Jr. is joined by Josh Ray, Chief Underwriting Officer at Class A, a new MGA rewriting how we think about aviation insurance. With decades of experience and bold insight, Josh takes us into the cockpit of innovation — where AI, telematics, and pilot performance data are changing how underwriters evaluate risk.
This conversation explores how data can improve safety, lower costs, and give long-overdue flexibility to high-performing pilots, aging airmen, and aviation operations of all kinds.
In Episode 110 of the Aviation Insurance Podcast, host Tim Bonnell Jr. welcomes Steve Berry, Vice President of Education & Safety at the National Air Transportation Association (NATA).
From working the ramp to leading national safety initiatives, Steve shares grounded insights into today’s most pressing risks in ground handling—misfuelling, workforce turnover, communication gaps, and the looming fatigue factor.
Learn how predictive analytics, smarter training, and collaboration between operators, insurers, and educators can move the industry toward zero preventable incidents.
⏱️ Timestamps:
00:17 – Meet Steve Berry: From Ramp Agent to VP at NATA
05:38 – What is NATA? Safety First and beyond
08:25 – The evolution of ground handling safety
09:35 – Human factors & fatigue: The new safety frontier
12:03 – The unleaded fuel transition and misfuelling risk
14:55 – The workforce turnover challenge
17:25 – Communication breakdowns and preventable incidents
19:21 – Using predictive analytics to prevent losses
21:03 – Why consistency in training is the real game-changer
23:30 – Collaboration: Insurers, FBOs & safety experts working together
27:10 – The GHSS Event: Why you should attend
Follow NATA events here: https://nata.aero/events/
Ground Handling Safety Symposium (GHSS): https://mynata.my.site.com/nata/s/lt-event?id=a1YRj000001RQtuMAG
#AviationInsurance #GroundSafety #RampOperations #GeneralAviation #AviationRisk #InsurancePodcast #UnleadedFuel #MisfuelingPrevention #SafetyCulture #PredictiveAnalytics #HumanFactors #SMS #AviationTraining #NATASafety #OperationalRisk
As we work together to drive innovation in Aviation Insurance, the rapid evolution of AI can often feel overwhelming—each week seemingly generating more questions than answers.
In this episode, Art, Danny, and I begin to peel back the layers of the AI onion. Our conversation reflects the questions, concerns, and aspirations we regularly hear from colleagues across the industry.
This is the first in a series of discussions dedicated to AI’s impact on aviation and insurance. We invite you to join us as we explore the tough questions many of us are grappling with—and share ideas on how these powerful technologies can truly empower our businesses.
We’d love to hear from you. Share your questions, thoughts, and insights in the comments below, and we’ll do our best to address them in future episodes.
⏱️ Timestamps
00:00 – Welcome & introduction to AI's industry impact
01:17 – Meet the guests: Danny Maco & Art Jimenez
03:30 – How AI is already being used in aviation insurance
04:45 – High-impact applications: time savings and process optimization
07:04 – Is AI optional? Why falling behind is risky
11:00 – Which industry roles will benefit the most
13:45 – Augmented Intelligence vs. Artificial Intelligence
16:00 – Brokers vs. carriers: speed, agility, and data challenges
18:00 – Market disruption from nimble MGAs using AI
20:45 – Underwriting is most susceptible to AI disruption
23:00 – Legal advantages: how AI might benefit policyholders in large claims
24:52 – Real-world examples of startups and agentic flow
29:22 – Combining CRM, telephony, and AI for better service
31:00 – Challenges: regulation, IP, data architecture & agent control
35:30 – Final thoughts from Art and Danny
38:17 – AI or Die: Wrapping up the message for the future
📌 Watch, comment & subscribe!
Disclaimer:
🎙️ This episode is a must-listen for aviators, drone operators, risk managers, and insurers who want to stay ahead of aviation’s evolving climate challenges.
#AviationInsurance #InsuranceTech #AIinInsurance #EmergingTech #Telematics #InsurTech #AIRevolution #UnderwritingInnovation #DigitalInsurance #InsurancePodcast #AITransformation #FutureOfInsurance #RegTech #BrokersAndAI #AviationIndustry
In this episode, Peter Guy breaks down how economic pressures, litigation trends, and global uncertainty are reshaping the future of aviation insurance. From skyrocketing repair costs and limited parts to eVTOL claims preparedness and the art of reserving—Peter shares what’s really happening behind the scenes in aviation claims today.
Whether you’re a broker, underwriter, or risk manager, this episode unpacks what rising risk really means and what we can do about it.
⏱️ Timestamps
00:24 – Peter Guy’s path into aviation claims
03:30 – Why aviation attracts passionate professionals
04:39 – How insurers are preparing for drones & eVTOL
06:30 – Cost challenges, talent gaps, and remote work
09:11 – Inflation, reinsurance pressure & Russia-related claims
13:00 – Attritional losses & long-tail litigation
14:54 – The art of reserving & IVNR
19:00 – Operator risk, safety culture, and preventing GL claims
📌 Watch, comment & subscribe!
Disclaimer:
🎙️ This episode is a must-listen for aviators, drone operators, risk managers, and insurers who want to stay ahead of aviation’s evolving climate challenges.
#AviationInsurance #InsuranceIndustry #Podcast #Aviation #FlightRisk #ClaimsManagement #Reinsurance #Underwriting #eVTOL #DroneInsurance #EmergingRisks #LitigationTrends #RiskMitigation #AircraftMaintenance #LossAdjusting #Tariffs #AerospaceInsurance #CommercialAviation #AirSafety #TechInAviation
In Episode 107 of the Aviation Insurance Podcast, host Tim Bonnell Jr. welcomes Don Berchoff, CEO of TruWeather Solutions, to explore how outdated weather infrastructure and low-altitude forecasting gaps are becoming critical risks in modern aviation, especially with the rise of drones, AAM, and pilotless operations.
From Air Force command to launching a private weather tech company, Don shares an insider’s perspective on how better weather data could reduce cancellations, increase flight time, and save lives and money.
⏱️ Timestamps:
00:01 – Welcome & Guest Intro: Don Berchoff, CEO of TruWeather
01:17 – Air Force Meteorology to Private Innovation
02:51 – How Weather Shaped Don’s Risk Management Philosophy
05:20 – Why Today’s Weather Data Isn’t Enough for AAM & Drones
08:25 – Flying Blind: The Cost of Weather Uncertainty
10:12 – Cutting Military Weather Delays in Half — Without New Data
13:29 – Weather’s Role in Aircraft & Drone Incidents
16:11 – The Local Weather Problem: Why METAR Isn't Enough
17:30 – New ASTM Standards & Affordable Sensor Tech
19:28 – A New Model: Infrastructure-as-a-Service for Aviation Weather
22:42 – Is Climate Change Driving Insurance Losses?
24:12 – Hailstorms, Data Gaps, and High-Stakes Decision Making
27:10 – Closing Thoughts: Clean Slate Thinking in Aviation Weather
Disclaimer:
🎙️ This episode is a must-listen for aviators, drone operators, risk managers, and insurers who want to stay ahead of aviation’s evolving climate challenges.
In Episode 106, host Tim Bonnell Jr. sits down with Chris Proudlove, Senior VP at Great American Insurance Company, to unpack the risks, rewards, and insurance implications of the fast-evolving eVTOL and Advanced Air Mobility (AAM) sectors. From urban air taxis to drone deliveries, we explore what aviation’s "third wave" means for insurers, operators, and regulators alike.
Timestamps:
• 00:02 – Welcome & Guest Introduction
• 00:47 – Chris Proudlove’s 35-Year Journey in Aviation Insurance
• 03:17 – Why eVTOL is Aviation 3.0: A New Era Unfolds
• 05:33 – Challenges of Insuring eVTOL & AAM Aircraft
• 09:15 – Public Acceptance & Infrastructure Hurdles
• 10:48 – How eVTOL Insurance Differs from Traditional Aviation Policies
• 14:36 – The Role of Telematics & Data in Underwriting
• 16:40 – Claims Complexity: Batteries & New Tech Risks
• 18:52 – Biggest Growth Opportunities for the Industry
• 21:26 – Final Thoughts & Industry Call-to-Action
Whether you're an underwriter, broker, or aviation enthusiast, this episode is packed with insights on how the insurance market is adapting to the next frontier of flight.
In this captivating episode, host Tim Bonnell welcomes Howard Kass of Skyryse to discuss a bold new technology poised to revolutionize general aviation safety—SkyOS. With a mission to drastically reduce aviation accidents caused by pilot error, Howard dives into the innovations behind Skyryse One and how this cutting-edge operating system transforms complex cockpit operations into intuitive, streamlined experiences. From reducing cognitive load to potentially saving lives during emergencies, this episode explores how automation and human intuition can co-pilot the future of aviation.
Visit Skyryse website at: www.skyryse.com
In this episode of the Aviation Insurance Podcast, host Tim Bonnell welcomes Bennett Goldblum, President of Beacon Aviation Insurance, to explore the complex and often misunderstood world of aviation workers' compensation insurance.
From navigating 50 different state regulations to understanding employer liability and subcontractor risks, this episode is a must-watch for aviation business owners, operators, and insurance professionals.
Learn how to protect your aviation team—from pilots and mechanics to ground crew and office staff—while staying compliant and prepared for the future.
Don’t forget to like, subscribe, and hit the bell so you don’t miss the next episode!
What’s shaping the future of aviation insurance? Eric Donofrio, Chief Underwriting Officer at AXA XL, shares insights from his decades-long career, covering everything from emerging technology to market challenges.
Understanding aircraft physical damage & liability coverage is crucial for every owner and operator. Make sure you're protected with the right policy!
📌 Timestamps & Chapters:
00:00 Introduction to the episode and key topics 01:00 Revisiting episodes 3 and 4 on aircraft insurance basics 02:00 Overview of Aircraft Physical Damage Coverage 03:00 How aircraft insurance differs from home/auto insurance 04:00 Importance of selecting the correct insured value 05:00 Types of coverage: in motion, not in motion, not in flight 06:00 Deductibles and policy terms 07:00 Introduction to Aircraft Liability Coverage 08:00 Coverage for bodily injury, property damage, and passengers 09:00 Liability limits and legal defense coverage 10:00 Importance of carrying adequate liability limits 11:00 Closing remarks and call to action
#AviationInsurance #AircraftInsurance #PhysicalDamageCoverage #AircraftLiability #AgreedValue #NotInMotionCoverage #InMotionCoverage #LiabilityInsurance #PassengerLiability #AviationPodcast #AerisInsuranceSolutions #AircraftCoverage
Dry leasing is a popular practice in business aviation, but if not structured properly, it can lead to serious insurance and legal issues. In this episode, we break down the most critical considerations, including FAA compliance, insurance policy violations, liability concerns, and increasing insurer restrictions.
If you own, lease, or operate an aircraft, this episode is a must-watch to avoid costly mistakes and ensure you’re fully covered.
We’ve spent the last 3.5 years bringing you expert insights, industry trends, and must-know aviation insurance knowledge. Now, we’re celebrating 100 episodes with a special look back at the highlights that shaped our journey!
Thank you to our incredible listeners, expert guests, and hardworking team who make this podcast possible. Here’s to the next 100!
Don’t forget to like, subscribe, and hit the notification bell so you never miss an episode!
Have a topic you’d like us to cover? Let us know in the comments or email us at info@aerisinsurance.com
Disclaimer:
These episodes are for educational purposes only. Due to the evolving regulatory and legal nature of this industry, some information may change over time. Having a knowledgeable and experienced aviation insurance broker on your team is essential for managing your aircraft and business risks effectively.
#AviationPodcast #100Episodes #AviationInsurance #AircraftInsurance #AviationExperts #FlightSafety #AviationRisk #AviationIndustry #PodcastMilestone #AviationBusiness
In this special episode, Tim Bonnell sits down with our very own, Tim Bonnell Sr., who brings nearly five decades of experience in the aviation insurance industry. From fascinating stories to invaluable wisdom, this episode offers a unique look into the career of a seasoned expert in aviation and aviation insurance.
Chapters: 0:00 Introduction 0:11 Welcome to the Aviation Insurance Podcast 0:28 Meet Tim Bonnell Sr. – 5 Decades in Aviation Insurance 1:05 Exploring the Evolution of Aviation Insurance 2:20 Stories from the Industry – Lessons and Insights 3:45 Challenges and Milestones in a Long Career 5:15 Legacy and Passing Knowledge to the Next Generation 6:30 Funny and Memorable Moments in Aviation Insurance 8:00 Closing Thoughts from Tim Bonnell Sr. 8:30 Outro and Call to Action
Disclaimer:
These episodes are for educational purposes only. Due to the evolving regulatory and legal nature of this industry, some information may change over time. Having a knowledgeable and experienced aviation insurance broker on your team is essential for managing your aircraft and business risks effectively.
#AviationInsurance #InsurancePodcast #AviationCareers #TimBonnell #IndustryInsights #InsuranceExpertise #PodcastGuest #AviationIndustry #AviationInsights #AviationStories
What’s in store for aviation insurance in 2025? In this exciting episode of the Aviation Insurance Podcast, host Tim Bonnell lays out five bold (and not-so-bold) predictions for the year ahead, highlighting key trends that will shape the industry.
Ever wondered what it takes to insure Kris Kringle’s magical sleigh? Dive into this festive episode of the Aviation Insurance Podcast where we unpack unique risks like reindeer emissions, mid-air collisions, and even Grinch sabotage! A fun and educational look at insurance for the extraordinary. Listen now and get inspired by the magic of risk management!
The aviation industry is soaring into the future, with electric aircraft, advanced safety innovations, and rapidly evolving policies leading the charge. In this episode, Tim Bonnell Jr. sits down with Ernest DeSpain, Co-Executive Owner of Eiger Insurance Services, to explore the critical role of MGAs in aviation insurance, the revolution of electric aircraft, the challenges posed by rising aircraft values and accident rates, and the transformative power of AI and emerging technologies. Don’t miss this engaging conversation between two seasoned industry leaders!
Welcome to a special Thanksgiving episode of the Aviation Insurance Podcast! Host Tim Bonnell reflects on the powerful connection between gratitude and growth—a concept crucial for personal, professional, and organizational success.
Tim shares insights on balancing contentment with ambition, celebrating milestones, and avoiding the "gap" that robs us of fulfillment. Whether you're in aviation insurance, running a business, or pursuing personal growth, this episode will inspire you to reflect on your achievements and set meaningful goals.
Happy Thanksgiving! Join us as we explore how gratitude can fuel your journey to higher altitudes.
Ever wondered what powers aerial application aircraft or how fire suppression operations take flight? On this episode of the Aviation Insurance Podcast, we’re on location at the National Agricultural Aviation Association Convention in Fort Worth, TX, bringing you insights from industry leaders. Dive into the fascinating world of aerial applications with exclusive interviews!
In our latest episode of the Aviation Insurance Podcast, host Tim Bonnell Jr. sits down with Mike Warren, Executive Vice President and General Counsel at Old Republic Aerospace. Mike shares his deep industry insights, recounting his journey through pivotal moments in aviation insurance—from handling complex claims to navigating the challenges of modern-day risks like social inflation and labor shortages.
In this episode, Paula Williams sits down with Tim Bonnell Jr. to discuss their experiences at the recent NBAA show, insights into marketing in the aviation industry, and the release of Tim's latest book on aviation business insurance. Discover the importance of creating value through content, establishing a legacy in the industry, and how Tim’s new book aims to bridge gaps in aviation insurance knowledge. From risk management to mentorship, this conversation provides valuable perspectives for aviation professionals and entrepreneurs alike.
Join us as we sit down with Eli Stepp, the founder of BizAvJets and co-publisher of BizAvJets USA Magazine, to discuss the latest trends in business aviation. From his journey starting as a turbine engine mechanic to advocating for the positive impacts of business aviation, Eli shares insights into new technologies, sustainability efforts, and challenges facing the industry today. We also dive into the importance of aviation culture, talent retention, and addressing climate concerns. Don’t miss this episode packed with valuable information for aviation professionals and enthusiasts alike.
In this episode of the Aviation Insurance Podcast, we delve into the crucial topic of contractual liability in the aviation industry. Whether you're an aircraft owner, operator, or part of an aviation business, understanding your insurance coverage and the implications of various contracts is essential. This episode covers the intricacies of aircraft and commercial general liability policies and what you need to know when navigating indemnification clauses and insurance exclusions.
In this solo episode of the Aviation Insurance Podcast, host Tim Bonnell Jr. dives into the essential aspects of insuring turbine aircraft, covering the most common claim denials, pilot requirements, policy uses, and specific turbine-related risks like over-temping and foreign object damage (FOD). Whether you’re an aircraft owner or operator, this episode is packed with critical insights to help you navigate turbine aircraft insurance with confidence. Need expert guidance on aviation insurance? Visit us at aerisinsurance.com to get a free quotation and learn more.
In this episode of the Aviation Insurance Podcast, host Tim Bonnell Jr. speaks with Jim Anderson, Senior Vice President at Starr Aviation. Together, they explore the rapidly evolving landscape of aviation insurance, the rise of new technologies, and the challenges posed by the future of urban air mobility, AI, and telematics. Learn how innovation is shaping underwriting, risk management, and safety standards in the aviation world.
Guest:
- Jim Anderson Senior Vice President, Starr Aviation Visit Starr Aviation: https://starrcompanies.com
Chapters:
· 00:00 - Introduction
· 01:17 - Jim Anderson’s Journey in Aviation Insurance
· 03:49 - What Excites Jim About Aviation Insurance Today
· 05:03 - Concerns About Social Inflation in the Industry
· 08:50 - The Impact of New Technologies on Underwriting
· 12:42 - AI’s Role in Aviation Insurance
· 13:40 - Consumer Needs and Telematics in Aviation
· 17:44 - Future Technologies in Aviation Safety
· 22:17 - Aircraft Innovations: Parachutes, Auto-Land, and More
· 24:38 - How Technology is Improving Underwriting
· 28:05 - Closing Thoughts from Jim Anderson These episodes are for educational purposes only and due to the changing regulatory and legal nature of this business, some information may change over time. Having a well-educated and experienced aviation insurance broker on your team is an absolute requirement to success in business and for managing your aircraft and aviation business risks.
Visit us at aerisinsurance.com to get a free quotation and expert insights.
In this episode of the Aviation Insurance Podcast, host Tim Bonnell Jr. sits down with Mike Chevrette, Vice President of Aviation at Great American Insurance Company. They discuss the nuances of underwriting non-standard aviation risks, the impact of new technologies like drones, and the challenges posed by geopolitical uncertainties and liability issues in the aviation insurance industry. Whether you're an aviation professional, insurance expert, or simply curious about the intricacies of aviation insurance, this episode is packed with insights that you won’t want to miss.
Join us as we dive into the world of Unmanned Aerial Systems (UAS) with industry expert Josh Olds, CEO of the Unmanned Safety Institute. From his journey as a pilot to leading the charge in UAS safety, Josh shares invaluable insights on the future of drone operations, the importance of standardized safety practices, and the evolving role of technology in aviation. Whether you're a seasoned aviator or just curious about the future of flight, this episode is a must-listen!
In our latest episode, we dive deep into the cutting-edge world of Advanced Air Mobility (AAM) and electric Vertical Take-Off and Landing (eVTOL) aircraft with Pivotal's CEO, Ken Karklin. Discover how Pivotal is revolutionizing the skies, from training diverse pilots to pioneering recreational air travel. Tune in to hear about the exciting developments and challenges in this transformative industry. Don't miss it!
Tune in to our latest podcast episode where we dive deep with Donny Malinoff, the visionary founder and CEO of Flatline Technologies. Discover how Donny is transforming personal aviation with innovative solutions in telematics, safety, and affordability.
Don’t miss this insightful conversation on the future of aviation technology and how it’s reshaping the industry. Listen now and stay ahead of the curve!
Exciting times in aviation! Join us as we dive into the future of flight with Alistair Blundy, CEO of SkyRisk. In this episode, we explore the world of advanced air mobility, EVTOLs, and innovative insurance solutions. Don't miss out on this insightful discussion on pioneering technologies and risk management in the aviation industry.
Check out our latest podcast episode featuring Dean Owen, North America's most innovative CPA! Dean shares his insights on advanced aircraft mobility, emerging aviation technologies, and the future of personal air transport. Don't miss this fascinating conversation on safety, training, and the intersection of innovation and insurance.
Excited about the Aviation Insurance Association (AIA) 2024 Conference in New Orleans this May 3rd to 6th? Get a sneak peek into what’s in store! Join Mary Gratzer and Luke Uithoven in our latest podcast episode as they unveil the opportunities, networking, and educational sessions planned for one of the industry's most anticipated events. Whether you’re looking to connect with industry leaders or stay ahead in the aviation insurance field, this is your gateway to the future of aviation!
Tune into the latest episode where we explore the transformative role of virtual assistants in today's global business environment. Learn from real-life stories of dedication and strategic support that empower businesses to reach their full potential. Whether you're an entrepreneur, a virtual assistant, or someone interested in behind-the-scenes business operations, this episode has valuable insights just for you!
Dive into the future of aviation with John Brogan, President and CEO of USAIG, on our latest podcast episode. Brogan shares his expert insights on the evolving landscape of aviation insurance, tackling challenges from social inflation to the insurability of cutting-edge technologies like eVTOLs and UAVs. Discover how the industry is navigating these turbulent skies and what the future holds for aviation enthusiasts and professionals alike. Tune in now!
Don't let misunderstandings ground your knowledge! We debunk the three most common myths about aircraft insurance and ensure you're equipped with the facts.Tune in now for an enlightening journey through the skies of insurance clarity.
Join us on this episode with Kerrick Tweedy, a trailblazer transforming lives through the power of flight. Discover how aviation bridges the gap to remote communities, advances the gospel, and embodies the essence of service and safety in challenging environments. Tune in now!
Discover the intricacies of aviation insurance with industry veterans Hal Hunt and Robin Reimer on our latest episode of the Aviation Insurance Podcast. Tune into a comprehensive discussion on how to navigate the complexities of aviation insurance, understand essential coverages, and avoid common pitfalls in insuring aviation operations.
Whether you're an aircraft operator, hanger owner, or involved in any aspect of the aviation industry, this episode offers invaluable insights into safeguarding your aviation assets effectively.
Dive into the world of aviation insurance with industry leader David Sales! Discover the intricate workings of international insurance markets, innovative trends in aviation, and David's unique insights from decades of experience.
We're thrilled to have Paula Williams from ABCI join us to discuss the latest trends and strategies in aviation marketing. Don't miss her valuable insights on how to navigate and succeed in the aviation industry.
Join us for an amazing conversation with Andrew Moore, CEO of the National Agricultural Aviation Association (NAAA), in our latest podcast episode. Andrew shares his extensive knowledge and insights on the evolution, current challenges, and future prospects of agricultural aviation. Explore the intersection of agriculture and aviation through the lens of technology and innovation in this must-listen episode. Tune in now!
Dive into the world of aviation innovation with our latest podcast episode featuring Mark Leeper, the visionary behind Vision Aircraft Records! Discover how electronic record-keeping is revolutionizing the aviation industry, enhancing safety, and streamlining insurance processes. Don't miss this insightful conversation that takes you from paper logbooks to digital breakthroughs in aviation!
Dive deep into the ever-evolving world of aviation insurance with Jeff Bruno! Explore challenges & solutions surrounding eVTOLs, aging pilots, and older aircraft insurance. Tune in now to be at the forefront of the aviation conversation! 🌐 Listen or watch here: https://aerisinsurance.com/episode-71-jeff-bruno-discusses-challenges-innovations-in-aviation-insurance
Join us as we sit down with Ed Bolen, President and CEO of the National Business Aviation Association, to dive into the exciting world of business aviation. From cutting-edge technology to safety enhancements, we explore what's shaping the industry's future. Listen now for insights on aviation's evolution and more! Don't forget to like, share, and follow for more aviation-related content.
Tune in to our latest episode with aviation insurance claims expert Keith Brown as he shares insights on the dynamic world of aviation claims.
Discover the most exciting developments in aviation claims from the past year, and gain valuable knowledge about adjusting hull, physical damage, and liability claims. Keith also sheds light on emerging trends in aviation claims, pilot-related concerns, and proactive steps for aircraft owners and businesses to prepare for potential claims.
Join us for a deep dive into the world of aviation safety with our special guest Steve Bruneau. We're exploring Safety Management Systems (SMS) - what they are, why they matter, and how different players in the industry can establish one.
Don't miss out on this enlightening conversation that's all about elevating aviation safety standards!
Dive into the intricate realm of Excess Liability in our upcoming podcast episode! Our special guest, Jason Riley, will join us to demystify Excess Liability's significance for aircraft owners. We'll explore the challenges of purchasing it, understand its available limits, and investigate if there's ever a cap on coverage. Moreover, we'll shed light on what occurs if a claim surpasses the primary coverage limit. Join our insightful dialogue to enhance your understanding of maneuvering through the complexities of aviation insurance. Stay tuned!
Ever wondered about the intricate details of an aviation insurance certificate? Check out our latest podcast episode where we unpack the ins and outs of these critical documents. Learn what they do, what they don't, and the key details you should be aware of!
Navigating insurance in the aviation industry doesn't have to be complex. Let us guide you through the fog! Listen in and gain valuable insights to help you stay ahead in the aviation world.
Listen/Watch here: https://aerisinsurance.com/episode-66-the-flight-plan-understanding-aviation-certificates-of-insurance
Don't forget to share so others are informed too!
#Aviation #AviationInsurance #InsuranceTips #RiskManagement #AviationIndustry #PilotLife #AirplaneInsurance #InsuranceEducation #FlightSafety #InsurancePolicy #COI #Aeris
🛩️ Join us for an exclusive interview with Bruce Landsberg, NTSB Vice Chair, as he shares invaluable insights on aviation safety, and the technology and initiatives that can help the aviation and aviation insurance industry reach a higher altitude.
Tune in now to learn from Bruce's expertise and discover how we can all contribute to a safer, more effective aviation industry. Don't forget to like, share, and subscribe to stay updated on our latest episodes!
✈️ Navigating through the #AviationInsurance market? Our latest podcast episode dives into the key trends and major influences shaping the industry.
Listen or watch here: https://aerisinsurance.com/episode-64-aviation-insurance-market-update-summer-2023
The aviation insurance industry continues to see an upward trend in rates across most sectors. Key influences include the after-effects a long soft market with unsubstantially low rates, the impact COVID-19 and its fall-out, the 737 MAX losses, and the 2022 Russian confiscation of foreign-owned aircraft. Aerospace insurance companies are being negatively impacted by increased costs due to inflation, higher claims costs, increasing liability awards, higher reinsurance costs, significantly higher war risk insurance costs, and more.
The silver lining is that despite these headwinds, it isn’t all bad news. Insurers and reinsurers haven’t been making knee jerk reactions to these issues. The market also has plenty of insurers still eager to write aviation business. This helps the aerospace insurance market to remain more stable than if the capacity were to decrease.
Stay connected with us for more updates as we continue to navigate the headwinds and tailwinds of the aviation insurance industry.
Remember to like, share, and comment - it helps others stay informed, too!
#AviationInsurance #InsuranceTrends #MarketUpdate2023 #AviationIndustry #RiskManagement #737MAX #COVIDImpact #InsuranceInsights #AviationPodcast #NavigatingInsurance #Aeris
🔊Dive into the dynamic world of telematics with our special guest, Danny Maco, in our newest podcast episode! Together, we investigate telematics' game-changing role in property and casualty insurance and its potential in the aviation sector.
Don't miss the chance to discover how this revolutionary technology can redefine safety and efficiency in aviation. Join us for an episode rich with insights and trend forecasts, as Tim and Danny decode the future of telematics.
Dealing with an aircraft insurance claim? Remember to prioritize any medical injuries and protect your aircraft from further harm. It's crucial not to admit fault before your insurance company fully assesses the situation. Timely communication with your insurer via your agent is key. Cooperating with government agencies and providing all necessary documentation will help to streamline the claims process. Stay prepared and safe flying, everyone!✈️🛡️
🎙️ Dive into the fascinating world of #AviationInsurance with the latest episode of the Aviation Insurance Podcast! Host Tim Bonnell demystifies key principles of insurance like the law of large numbers and indemnification. Did you know insurance aims to restore you to the state prior to a loss, and not to profit from a claim? ✈️💼 Understand the difference between first party and third party coverages and make informed decisions about your insurance purchases. Knowledge is power when it comes to managing risks!
There are broad-form expansion endorsements that will be issued by some carriers on various insurance policies. In this episode let us highlight some of these extra little coverage, as you may find on some pleasure and business use insurance policies and some corporate type of insurance policies. Tune in to learn more!
One of the principles of economics is supply and demand. When there's a lot of demand, the supply can become a bigger challenge and the cost can go up. Coupled with inflation issues, let's talk about how these issues impact aviation insurance. Tune in to learn more!
On March 14th, Russia passed a law that allows for the confiscation of all non-Russian-owned or financed aircraft in the country. Most airlines lease much of their equipment and there are estimated to be more than 500 aircraft that can be impacted. It is an estimated 10 to 15 billion dollars in losses to the international aviation insurance market. Given that the annual international aerospace insurance market worldwide is around $6 billion, this will be devastating to the aviation insurance market. Tune in to learn more!
In today's episode, we will talk briefly about the history of aviation insurance and how that applies to how insurance is purchased and secured today, and how we can continue to address the changing risks in aviation going forward. Tune in to learn more!
Human error has been documented as a primary contributor to more than 70 percent of aircraft losses. Boeing says that in aviation "human factors" is dedicated to better understanding how humans can most safely and efficiently be integrated with the technology. Tune in to learn more!
Most people don't know that most life insurance policies will exclude piloting activities or fatal injuries due to piloting an aircraft. In this episode let's talk about some insurance considerations for pilots personally dealing with their income and financial affairs. Tune in to learn more!
Contractual liability is a liability you inherit when you agree to a contract and from an insurance perspective, you have a new liability. It is best to schedule all contracts entered into with the insurance company in a timely fashion so that it is scheduled to the policy. Tune in to learn more!
We regularly enter into various forms of contractual agreements in aviation. In these agreements, some terms deal with providing evidence of insurance. Knowing these terms is always helpful anytime you enter into a contractual agreement. Tune in to learn more!
Part of insurance is safety, mitigating loss, and risk management is a big part of that process. It is an ongoing cycle and it starts with identifying hazards. Buying insurance is just a form of risk management. Tune in to learn more!
Independent contractors are a big part of aviation operations. Whether you are an independent contractor pilot, professional pilot, mentor pilot, or are the aircraft owner hiring independent contractor pilots we need to ensure that everyone involved has insurance coverage. Tune in to learn more!
Unmanned aerial vehicles, more commonly known as drones, are continuing to grow in use application, and value. In this episode let us talk about the ability to ensure the vehicle(drone), the systems, and potentially the payload it may be carrying. Tune in to learn more!
A Customs bond is required when people are bringing goods in and out of the country valued over 2500. In this episode let's talk about something that isn't insurance, but it's something that comes up anytime we have an aircraft that takes passengers outside of the country and back. Tune in to learn more!
If you are operating someone else's aircraft, you want to make sure that you don't invalidate their aviation insurance policy. Non-owned coverage is typically excess over the primary owner's policy, and it is used for several reasons. Tune in to learn more!
It's important to understand some of the insurance considerations that happen when an aircraft or even another aviation asset is financed in order to keep the banks happy and to make sure these things happen. Tune in to learn more!
Insurance carriers and reinsurers have their set of underwriting guidelines. They do understand that all people are unique and age differently. In this episode let us talk about ensuring senior airman pilots. Tune in to learn more!
A frequent question that aviation insurance agents or brokers often get is about the minimum requirements for a pilot to transition to a different airplane. In this short series, let us talk about some issues and guidelines relating to pilots and aviation insurance. Tune in to learn more!
The best way to respond to an emergency is to be prepared in advance to do so. An emergency response plan is that advanced planning and thinking of all the contingencies that could happen within our business and how we are going to respond, to restore our operations to where they were before that event. Tune in to learn more!
A safety management system is a combination of risk management and quality assurance management. In this episode let us talk about the four elements of a safety management system and why it is important. Tune in to learn more!
We are in the last part of a short three-part series about aviation insurance considerations when using our aircraft out of the United States. Let us talk about foreign liability package or a foreign package policy. Tune in to learn more!
The European Union passed a regulation that all aircraft operations, both private and commercial would require certain insurance requirements. These requirements were based on the takeoff mass of the aircraft. We are in part two of a short three-part series about aviation insurance considerations when using our aircraft out of the United States. Tune in to learn more!
When we take our aircraft outside of the United States, there are several things we need to look at and consider. In this three-part episode, we want to look at some key factors as we plan to take our aircraft out of the country. Tune in to learn more!
Automobile exposure becomes important when it comes to anything licensed for road use that leaves the aviation premises. Today let us talk about Business Auto as we continue to look at some other lines, and other coverages that are applicable to aviation operations and aircraft owners. Tune in to learn more!
Welcome to the second installment of a two-part series on commercial property coverage. In this episode, we are going to talk about some additional property-related coverage and coverage extensions. Tune in to learn more!
A lot of aircraft owners and operators either own or lease a hangar where they have a contractual obligation to insure the building. In this two-part episode let us talk about an exposure for many aviation operators, that is property and contents insurance. Tune in to learn more!
The aviation insurance market has been riding kind of a harder insurance market since early to mid-2018, which has been marked by increasing rates and stricter underwriting guidelines. As you may have noted in our updates in 2020 and 21, we saw that there were several factors creating this hardening of the market and extremely low and unsustainable rates in the soft market that started in 2006. Tune in to learn more!
Quota share is a method of spreading the risk on an individual account through multiple insurers. What happens in a quota share is that insurance companies share a percentage of the risk based on what they establish up front. Tune in to learn more!
In this episode let's talk about one key exclusion which is Environmental Pollution Liability. It is an exclusion on pretty much every policy unless that pollution was the direct result of a covered loss. Tune in to learn more!
Directors and Officers (D&O) Liability Insurance, according to International Risk Management Institute (IRMI), is a type of liability insurance covering directors and officers for claims made against them while serving on a board of directors and/or as an officer. D&O can be written to cover the directors and officers of for-profit businesses, privately held firms, not-for-profit organization
Employment Practices Liability Insurance (EPLI), according to International Risk Management Institute (IRMI), is a type of liability insurance covering wrongful acts arising from the employment process. The frequent type of claims that are paid under an EPLI policy are: sexual harassment, discrimination, wrongful, termination, and retaliation. Tune in to learn more!
Why do you need to consider professional liability coverage for your aviation business and risks? According to the Insurance Risk Management Institute, Professional Liability is a type of liability coverage designed to protect traditional professionals (e.g., accountants, attorneys) and quasi-professionals (e.g., real estate brokers, consultants) against liability incurred as a result of errors and omissions in performing their professional services. Tune in to learn more!
We talked about a lot of exclusions and we said these exclusions are often here because those issues are better designed to be covered elsewhere. One of those is that exclusion to employees acting in the scope of their employment. The reason is because Workers Compensation is the sole remedy for those type of losses. Tune in to learn more about your commercial general liability policy!
Endorsements (also referred to as Waivers) to an insurance policy amend coverage for items of a special circumstance, or that need specificity of a certain nature. Some of these endorsements are required by individual states, and others are elected by the carrier. Tune in to learn more about your commercial general liability policy!
All policies contain an Exclusion section, which specifies what the insurance company will not cover. This will vary in some degree from company to company and policy to policy so it is important to read each policy exclusion. Tune in to learn more about your commercial general liability policy and more!
The Conditions section of the policy outlines the duties, provisions, rules of conduct, and obligations required for coverage to remain effective in the insurance policy. If the terms of the Conditions aren't met, a denial of coverage could occur. Tune in to learn more about your commercial general liability policy and more!
In this episode of the Aviation Insurance Podcast, let's get into the insuring agreements coverage D related to hangar keepers’ legal liability. In this second installment, lets talk about the multiple facets of what a loss could be. Tune in to learn more about your commercial general liability policy and more!
In this two-part episode of the Aviation Insurance Podcast, let's get into the insuring agreements coverage D related to hangar keepers’ legal liability. It provides protection for damages that you become legally liability for, damages to non-owned or non-leased aircraft in your custody or control. Tune in to learn more about your commercial general liability policy and more!
In this episode of the Aviation Insurance Podcast, let's get into the insuring agreements coverage C related to premises medical payments. It's kind of a quick no fault help, take care of a few expenses, limits are not real high. Tune in to learn more about your commercial general liability policy and more!
As we continue to discuss the aviation or airport commercial general liability exposures, let's get into the insuring agreements coverage B related to personal and advertising injury. Tune in to learn more about your commercial general liability policy and more!
As we continue to discuss the aviation or airport commercial general liability exposures, let's get into the insuring agreements coverage A related to the premises and operations. Tune in to learn more about your commercial general liability policy and more!
The aviation or airport commercial general liability policy is a third-party liability policy that protects things other than the aircraft and the liability rising out of the use of the aircraft. In this episode of the Aviation Insurance Podcast let's talk briefly and in overview about your CGL policy. Tune in to learn more!
In the previous episode we talked about a general insurance concept called Reinsurance. How insurance companies spread their risk and how those cost affect rates for everybody. In this episode let's talk about the couple of ways reinsurance is typically purchased. Tune in to learn more reinsurance!
People often wonder why claims that have nothing to do with their business impact the rates in their annual premium. One of the reasons is how insurance works. Insurance ultimately is the law of large numbers. The premiums of many are made to pay for the claims of the few. Tune in to learn more reinsurance!
When an agricultural aviation operator gets an angry call from a farmer, the last thing he wants is to worry about whether he has the proper liability coverage for the potential loss. There are different types of liability coverage available, so it is essential to understand which coverages are on your policy. Tune in to learn more about Aerial Application Liability!
Aviation related risks have significant on-site and off-site exposures due to the large volume of hazardous materials that are utilized in the day-to-day operations of this market segment. There are different environmental insurance products that can assist the aviation industry in addressing their environmental liability needs. Tune in to learn more about Environmental Liability!
Definitions are found in most aircraft insurance policies which are sometimes inside of a coverage or in a separate section. They are typically in written in bold or sometimes in quotation marks. In this episode of the Aviation Insurance Podcast let us talk about how important it is to read the Definitions in your aviation insurance policy. Tune in to learn more!
An endorsement is anything that changes or amends the base policy. It can happen at any point. In this episode of the Aviation Insurance Podcast let's dig in deeper on what endorsements do in general. Tune in to learn more!
The Terrorism Risk Insurance Act (TRIA), which was enacted by Congress in November 2002, ensures that adequate resources are available for businesses to recover and rebuild if they are the victims of a terrorist attack. In this episode of the Aviation Insurance Podcast let's talk about TRIA. Tune in to learn more!
In the last episode we talked about Exclusions. There are a couple major exclusions that need their own attention including War & Related Perils. In this episode of the Aviation Insurance Podcast let's talk about what are excluded and why you should consider War & Related Perils write back coverage. Tune in to learn more!
Exclusions will go and take away coverage. It may apply to all coverages, may apply to liability coverages, only, etc. but here's the key: Exclusions are not just found in the exclusions section. In this episode of the Aviation Insurance Podcast let's dig in deeper on how to read your insurance policy. Tune in to learn more!
Policy Conditions, as defined by IRMI, is the section of an insurance policy that identifies general requirements of an insured and the insurer on matters such as loss reporting and settlement, property valuation, other insurance, subrogation rights, and cancellation and nonrenewal. In this episode of the Aviation Insurance Podcast let's dig in deeper on how to read your insurance policy. Tune in to learn more!
Insuring Agreements is defined as the portion of the policy in which the insurer promises to make payments to or in behalf of the insured. In this episode of the Aviation Insurance Podcast let's dig in deeper on how to read your insurance policy. Tune in to learn more!
In this episode of the Aviation Insurance Podcast, let's quickly talk about the section in your avaiation insurance policy that is called the declarations section. This section is the basis of your policy as it outlines some key information. Tune in to learn more!
Your aviation insurance policy is actually a legal contract. In episode eight of the Aviation Insurance Podcast, let's discuss the basic elements and what constitute your aviation insurance policy. Having knowledge to these basic elements and to know where to look is key to understanding on how to read your aviation insurance policy.
Typically, aircraft insurance companies will write on a combined single limit coverage. This results in one limit of liability for bodily injury, property damage, and passenger legal liability. However, these limits can have sub-limits as well. In episode seven of the Aviation Insurance Podcast, we’re going to take a broad look at liability with regards to aircraft. Tune in to learn more!
In episode 6 of the Aviation Insurance Podcast, we are going to talk about Medical Payments coverage. This is one coverage in aircraft insurance that a lot of people have questions about because this is not medical insurance. Tune in to learn more!
In episode 5 of the Aviation Insurance Podcast, we are going to talk about the "three P's" which are the three most common reasons that aircraft claims are denied. This information may prove helpful in the future if you’re ever filing a claim under your policy. Tune in to learn more!
Liabilities are the things for which you have legal obligation to third parties as a result of the operation of your aircraft. In this episode we’re going to take a broad look at liability with regards to aircraft. Tune in to learn more!
Today will be broadly discussing one of the fundamental coverages in aircraft insurance: aircraft physical damage coverage. This concept is what most commonly comes to mind when you think about aviation insurance. Tune in to learn more!
Welcome back to the Aviation Insurance Blog. In the last post, we examined the basics of aviation insurance and discussed why this specialized market is necessary. Now we will take some time to discuss the players involved in the aviation insurance marketplace. There are many different specialists at varying levels in the aviation insurance markets, but today we will be focusing on the key players at a broader level.
Welcome to the very first Aviation Insurance Podcast episode. We’re so glad that you’re joining us as we begin to explore this unique industry. What we hope to do through these podcasts is to share with you, the aircraft owner or aviation business owner/operator, the basics of aircraft and aviation insurance. We’re going to start at a very foundational level, talking about some of the essential components of aviation insurance, and we will go more in-depth on complex topics down the road.