Aerospace & Aviation Risk Management

Aviation risk is often perceived to be catastrophic in nature. In light of the asset values, it is essential that the industry operators are protected against this risk. An integral part of mitigating risk is to transfer it from the balance sheet, and insurance is core to that process.

As your broker, Aon provides:

• Access to global markets and leverage
• Negotiating expertise
• Identification of financially secure re/insurers
• A dedicated service team
• Established relationships with insurers
• A seamless global service
• Long term client relationships
• Quality and experience of personnel at all levels
• Contractual review and advice

The international Aviation insurance market delivers a broad range of coverage for the industry. From airlines to lessors, Aon’s aviation client portfolio reflects a diverse range of companies including:

Aviation Leasing Risk Management & Insurance

The risks assumed by a lessor and a financier can be significantly different from those of a lessee. Aon’s team has established relationships with specialist insurers in both the London and international insurance markets to help minimise these risks. Risk is not always obvious, but Aon helps clients recognise their exposure and the implications to their operations, and consequently develop insurance programmes to meet their needs.

Key risk concerns:

• Directors & Officers
• Cyber Exposures
• Confiscation/Political Risks
• Trade Credit
• Catastrophic Risk
• Invalidation/ Cancellation of operator's insurance
• Inadequate insurance coverage
• Insolvency of operators insurers
• Inadequacy or loss of technical records
• Inability to repossess the aircraft
• Reduction of aircraft value