Aviation Insurance Podcast

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…

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 contract…

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,…

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…

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, …

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 thing…

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 airma…

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 so…

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 …

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 import…

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…

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…

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 ou…

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 lin…

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. …

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 av…

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 hav…

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 wha…

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 …

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…