Why AXIS
Appetite
Target classes
- Major flag carriers
- Medium to small size operators
- New start-ups
- Cargo operations
- VVIP and sport team operations all with more than 65 seats
Coverage and Capacity
Coverage:
We provide airline hull and liability insurance and reinsurance protection for global passengers and cargo fleets.
Capacity:
$100m capacity combined hull and liability
- All airlines
- Including Tier 1, 2 and 3
- AFV USD1.5bn and above - handled by London
- AFV USD below USD1.5bn - handled by Brussels
Aviation War Liability (AVN52) – $200m
Risks domiciled in EU will be written with our European stamp from the Brussels office.
Solutions
AXIS Airline & General Aviation "All Risks" Insurance provides cover against the risk of hull damage, property damage and/or bodily injury to both passengers and third parties. This product also offers spares coverage as well as limited war liability (AVN52).
Our "contingent" policy is triggered in the event of an accident, but only when the operator's policy fails to respond. This product is always "contingent" behind an operators policy. Cover is also extended to include "possessed" exposures. For example, when an aircraft lease expires, the aircraft lessor will become responsible for their aircraft on a "first loss" basis.
Acts of war and malicious intent can bring huge exposures to the aviation insurance industry and clients can be left somewhat vulnerable. AXIS Aviation Excess War Liability Insurance provides cover for third-party legal liabilities arising from property damage and/or bodily injury arising from war perils. Typically this is written on a stand-alone basis and sits in excess of the underlying (AVN52) limit included in the "all risks" contract.
AXIS Airline & General Aviation "All Risks" Insurance provides cover against the risk of hull damage, property damage and/or bodily injury to both passengers and third parties. This product also offers spares coverage as well as limited war liability (AVN52).
Our "contingent" policy is triggered in the event of an accident, but only when the operator's policy fails to respond. This product is always "contingent" behind an operators policy. Cover is also extended to include "possessed" exposures. For example, when an aircraft lease expires, the aircraft lessor will become responsible for their aircraft on a "first loss" basis.
Acts of war and malicious intent can bring huge exposures to the aviation insurance industry and clients can be left somewhat vulnerable. AXIS Aviation Excess War Liability Insurance provides cover for third-party legal liabilities arising from property damage and/or bodily injury arising from war perils. Typically this is written on a stand-alone basis and sits in excess of the underlying (AVN52) limit included in the "all risks" contract.
Contact US
Your AXIS team
Expert in Claims
Our claims team consists of aviation specialists who have the technical knowledge, skills and industry experience to handle claims.
Our claims team consists of multilingual claims handlers from varying backgrounds ranging from aviation lawyers accustomed to the complexities of this sector, to insurance practitioners who are experienced in assisting customers directly.
Across the team, we have experience in handling a broad range of aviation claims in numerous jurisdictions, helping to meet the needs of insureds in all classes. We focus on outcomes for the customer with nominated claims handlers overseeing the entire process including:
- Accident assistance in all geographical locations with surveys in the language of the insured, where possible
- Rapid response, advice and support in every step of the claims process
- Quality review of cover by aviation dedicated claims staff
Related
What’s happening at AXIS
Related news and updates across the organization
Find your future at AXIS
We are a global insurer and reinsurer tackling unique challenges. At the heart of it all? Our people. As unique as the risks we face.
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