Aviation insurance sector turns in a profit
by Gill Montia
Story link: Aviation insurance sector turns in a profit
The airline and aviation manufacturing insurance sectors turned in a profit in 2011, following one of the safest years in recent times in terms of aircraft losses and passenger fatalities, Willis Aerospace reports. In its latest aviation market review, the broker estimates total airline insurance premium in 2011 at $1.9 billion, against claims of $1.1 [...]
Kiln launches Singapore-based aviation team
by Gill Montia
Story link: Kiln launches Singapore-based aviation team
Kiln has launched a new team to underwrite aviation risks in Singapore. Led by underwriter Brendan Warner, the unit will focus on a broad range of aviation risks across the Asia-Pacific region, including: regional airline, general aviation, products & airport liability, hull war, hull deductible and excess liability. Mr Warner, who has 33 years’ experience [...]
Marsh partners Anglo Arab Insurance Brokers
by Gill Montia
Story link: Marsh partners Anglo Arab Insurance Brokers
Marsh has announced that it has signed a mutually exclusive agreement with Anglo Arab Insurance Brokers (AAIB). AAIB is the only international broker to be licensed and registered to operate in Iraq and has offices across the country. Under the terms of the agreement, the brokers will co-operate on insurance coverage, risk management and claims [...]
Aon bolsters aviation team
by Richard Kilner
Story link: Aon bolsters aviation team
Insurance broker Aon has bolstered its aviation team with six new appointments, based in London. The new staff will cater to airlines and aerospace companies around the world, utilising their negotiating acumen and experience to enhance the firm’s offering. John Westoby joins from Marsh, where he led the aviation and aerospace practice for over a [...]
Willis appoints executive VP in Aviation
by Richard Kilner
Story link: Willis appoints executive VP in Aviation
Willis Aerospace, part of global insurance broker Willis Group Holdings, has announced the appointment of Stephen Kisor as executive VP and head of the Willis Aviation office in Los Angeles. He brings with him over a quarter of a century of experience in the sector, and is familiar with all aspects of aviation insurance. He [...]
XL Insurance bolsters Aviation team
by Richard Kilner
Story link: XL Insurance bolsters Aviation team
XL Insurance has announced it has expanded its US Aviation team with four new hires in its underwriting team, based in New York. Armand Ferranti, Jr., Eileen Mitchell and Charles Koehler all become class underwriters, and Isabel Marin takes up the role of business analyst. Ferranti joins the firm from Global Aerospace, leaving behind his [...]
UIB appoint new veterans
by Richard Kilner
Story link: UIB appoint new veterans
International broker United Insurance Brokers (UIB) has announced a brace of new appointments to bolster its aviation division. Ken Coombes joins as aviation director and US wholesale specialist Chris Hamilton Cox becomes a divisional director. Together industry veterans Coombes and Hamilton Cox add almost eight decades of experience to UIB. Presently Coombes is a member [...]
Colemont appoints Aviation directors
by Richard Kilner
Story link: Colemont appoints Aviation directors
Colemont Insurance Brokers Limited has announced the appointments of a new director and associate director of the firm’s Aviation division. Phil Stafford, newly appointed director, brings with him a decade of experience in aviation insurance. Stafford began his career with Aon in 1998 and during his time with the firm was promoted to the post [...]
Colemont appoints quartet of Aviation directors
by Richard Kilner
Story link: Colemont appoints quartet of Aviation directors
Colemont Insurance Brokers Limited has announced a quartet of new directors for its Aviation division. Andy Edwards, Matthew Farrar, Anthony Frankel, and Doug Ogilvie have been welcomed into their new roles by chief executive officer and chairman of Colemont, Surinder Beerh. Andy Edwards brings with him over 20 years of experience from within the aviation [...]
Willis reports rise in aviation insurance costs
by Gill Montia
Story link: Willis reports rise in aviation insurance costs
Broker and risk management specialist, Willis, is forecasting that aviation insurance premiums will rise through to the end of 2008 and into 2009. In a report by the firm’s Aviation Practice, Willis notes that in November aviation premiums increased 16%. During the month renewals by five pure cargo carrier programmes saw premiums rise by 40% [...]
Willis appoint Hanrahan as Aviation CEO
by Richard Kilner
Story link: Willis appoint Hanrahan as Aviation CEO
Willis Group Holdings Limited has named the new CEO of Global Aviation in North America as Garrett Hanrahan. Earlier in his career, he served as Aon Aviation’s executive vice president, and brings 15 years of experience to his post. In 1993 he began working for Alexander & Alexander, joining Aon Risk Services when Alexander & [...]
Marsh’s aviation team migrates to Guy Carpenter
by Richard Kilner
Story link: Marsh’s aviation team migrates to Guy Carpenter
Global insurer and broker Marsh and its MMC sister firm, Guy Carpenter, have announced that Marsh’s aviation reinsurance team are to migrate to Guy Carpenter. The move is predicted to be completed before the start of the next calendar year. In total, 29 Marsh employees are involved in the move. Guy Carpenter’s chief executive officer, [...]
Heath Lambert finalises sale to Cooper Gay
by Gill Montia
Story link: Heath Lambert finalises sale to Cooper Gay
Heath Lambert, the independent insurance broker, has completed the sale of its Aviation, FSJ (UK wholesale) and Reinsurance divisions. From 31st May 2008, the businesses became part of Cooper Gay, the privately owned insurance and reinsurance broking group based in the City of London. Around 70 employees working in the divisions have transferred to the [...]
Airclaims announces four appointments
by Richard Kilner
Story link: Airclaims announces four appointments
Airclaims has announced a quartert of new appointments, one in Miami and the remainder in London. In Miami, Miguel Uz is appointed to the position of aviation surveyor, bringing with him almost two decades of industry experience. Uz has experience in both the commercial and general areas of aviation, in addition to being fluent in [...]
