Comprehensive aviation industry insurance solutions
Few industries move at the same pace as the aviation industry. This speed of change poses unique challenges for insurers, as well as for clients.
Allianz Global Corporate & Specialty has an established heritage of service to the aviation industry, having insured some of the earliest pioneers of flight from the 1920s.
Our approach has evolved alongside the industry, resulting in a comprehensive portfolio of insurance services to our aviation industry clients: from airlines and major manufacturers to private pilots and smaller suppliers and aviation service providers.
We now combine specialist expertise and global reach with high levels of AA rated (S&P) underwriting capacity to address the most complex aviation industry exposures, allowing us to establish a reputation as leaders of some of the largest and most complex aviation risks in the market.
This service is coordinated through key account managers in close liaison with our claims and risk consulting teams. Only by developing a close dialogue and taking a long term view (and some of our client relationships extend over 50 years) can we truly understand the needs of our clients.
Covering all aspects of aviation industry insurance
Our specialized insurance services now cover all aspects of the aviation industry and are served by four expert teams across the AGCS network of offices:
- National flag carriers
- Charter airlines
- Cargo airlines
- Short haul operators including single aircraft
- Low cost airlines
- Start-up airlines
- Smaller fixed- and rotor-wing aircraft including commercial fleets and uses
- Agriculture & crop-spraying
- Commercial air taxis
- Business jets (‘industrial aid’)
- Private, business and pleasure uses
- Single aircraft to commercial fleets
- Manufacturers & suppliers liability (including critical and non-critical components)
- Airports, airfield and ground handlers
- Air traffic control
- Re-fuellers and service providers (including for maintenance and repair)
Specialist reinsurance of worldwide aviation insurance risks and portfolios.
- Includes international airline and general aviation account reinsurance.
Our services not only cover the flight-related risks for physical damage and liability, but also offer protection for a wider field of business and operational activities. This includes property and liability insurance for aviation and aerospace businesses, as well as construction and engineering coverage for major new projects such as airports or manufacturing premises.
Furthermore, we are experts in providing cover for goods and components in transit, having insured some of the largest manufacturers' cargo programs.
We also can call upon specialists from across the Allianz Group to offer additional covers: perhaps for a motor fleet or even to create bespoke assistance packages from Allianz Worldwide Care or Mondial Assistance if clients require these for their customers or employees.
Whether you are a national flag carrier with global operations or a private pilot with a treasured aircraft, Allianz Global Corporate & Specialty can meet your aviation industry-related insurance needs.