50 SKY SHADES - World aviation news

30 years of crucial coverages for the aviation community - Avsurance

Download: Printable PDF Date: 15 Jan 2022 18:58 (UTC) category:
Publisher:
30 years of crucial coverages for the aviation community - Avsurance - Business aviation publisher
Dana Ermolenko
Aircraft: Airplanes

Avsurance - Avfuel Corporation in-house aviation insurance subsidiary—celebrated a banner 30th anniversary with its best year to date providing crucial coverages for the aviation community. 

Among those coverages, Avsurance notes that cyber protection, crime protection, employment practices liability insurance, directors and officers coverages, and pollution-related coverages are of growing importance for its clientele. 

“Avsurance has always been wholey dedicated to the aviation industry,” said Jim Coleman, director of Avsurance. “That dedication and focus has supported Avsurance’s evolution along with the needs of the industry across 30 years. Today, that means providing specialized policies, like pollution-related coverages, for a fully-developed risk management portfolio.”

It’s with a customer-centric approach to business that Avsurance has maintained adaptability across 30 years. Now, the company provides modern-day offerings for modern-day aviators—including standard and niche coverages alike. 

These niche coverages protect businesses from gaps in their coverages, from malware and fraudulent threats to potential lawsuits and costly allegations. Of course, standard coverages continue to be integral to Avsurance’s business model and customers—so much so that the team experienced a record year in assets covered in 2021, surpassing more than $2 billion worth of aircraft insured. 

“We know insurance and we’re passionate about aviation,” said Coleman. “The Avsurance team is here to provide complete coverage for all types of aviation customers. It always starts with a free consultation, because we understand each client is unique and requires a custom-made plan for risk management. We’ve used this personalized approach for 30 years—and we’ll continue to use this personalized approach for 30 more.” 

 



Loading comments for 30 years of crucial coverages for the aviation community - Avsurance...


Recommended

Southwest Airlines celebrates expanded technical operations facility in Phoenix

Southwest Airlines celebrates completion of a multi-year, $100 million project, which nearly doubles the size of the airline's maintenance hangar at Phoenix Sky Harbor. The 90,...

AJW Group expands into A350 support market

AJW Group announced its entry into Airbus 350 support market with the acquisition of a significant package of spare parts. The package of over 2,500 components marks a strategic move fo...

Silk Avia introduces first new ATR 72-600 in Central Asia

Nordic Aviation Capital and ATR announced successful delivery of first new ATR 72-600 to Uzbekistan airline Silk Avia. This milestone marks the beginning of a new era for regional...

Financial year 2023 a superlative one for Pilatus Aircraft

The 2023 financial year was marked by major successes for Pilatus. Thanks to high, unbroken demand, 148 aircraft were delivered despite the ongoing challenges of the operating environment. With total...

Mobile Apps development The drones news