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Aerospace

Every component part manufactured for the Aerospace market is made to the highest quality that is possible. Within this business sector is also the ability to repair and overhaul components as well as the major checks required by Airline equipment. However as a manufacturer there is always the possibility that there may be extensive and complicated litigation in the event of an accident involving those parts.

QBE Products and Airports Underwriters write almost all of the major aerospace risks placed in the market. From our inception in 2006, we have participated on these risks, we have brought influence to bear and we now set ourselves towards leading this area of the market forward. Across the spectrum there is an opportunity to protect the balance sheets of these aerospace companies against the event that will potentially have a significant impact upon the ongoing operations. In these cases it is essential that manufacturers have the best underwriting experience and claims handling expertise that is available at QBE.

Airports and service providers play an essential role in the Aviation industry delivering the infrastructure and facilities used in the transportation of passengers and cargo.
There is an Inherent element of risk to these operations which can result in significant financial claims against the insured. Coverage is provided by Underwriters enabling both protection and peace of mind for the insured.

From the busiest airports in the world, to airstrips in the country and including companies that supply and manage Air Traffic Control they all require insurance coverage protecting them against the financial impact of aviation incidents. This can vary from a simple passenger slipping on a wet floor at an airport to an Air Traffic Controller being responsible for the collision of two aircraft.

The service provider sector includes the operations of baggage handlers, maintenance providers, aircraft ground handling activities and contractors on airport premises. These entities all have the potential to incur significant financial loss and would most likely need to purchase suitable insurance protection.

Here at QBE we have the experience, expertise and financial strength to provide suitable bespoke cover for all aviation activities. For more information please contact Graham Daldry or Mark Sperring.

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