Aerospace

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Learn more about the risks facing companies today and tomorrow in our KNOWLEDGE & INSIGHTS CENTRE.

Overview

A trusted partner

Globally, we have dedicated ourselves to meeting the insurance and risk management needs of airlines, airports, general aviation and other associated activities. Together, AIG Aviation teams around the world insure 80% of the world’s major airlines, airports and manufacturers, along with over 5,000 aircraft each year.

Local knowledge, global experience

The expertise of our Hong Kong-based underwriters is supported by our highly experienced global aviation team and worldwide network.  

Risk Management & Loss Control

AIG has a global network of over 500 engineers as well as a specialist safety and risk management control team. We work with our clients to ensure they have a solid foundation on which to build their own safety programmes, and improve operational risk within their business.

Claims commitment

We have experienced local claims representatives across the world to give immediate support quickly. Protecting our clients’ name, reputation and their customer base are our focus, working quickly and efficiently towards a comprehensive and innovative solution.

Who is it for?

Aerospace insurance protects individuals and businesses within the aerospace industry such as aircraft owners and operators, airport owners and operators, and aircraft product manufacturers.

What is covered?

Aerospace Products Liability

Coverage is for products manufactured for aircraft or aircraft suppliers.

We can provide aircraft / aerospace product liability for aircraft part manufacturers, component part manufacturers and sub-contractors. This coverage protects against damages arising from personal injury, including bodily injury and for damage to or destruction of property. We are also able to offer grounding liability and working parties extensions.

Aerospace Refuellers Liability

Coverage is for aerospace fuel refiners, distributors, dealers and refueling operations. 

We can provide aerospace liability coverage for the product liability arising from the supply of aerospace fuel as well the physical operations airside at airport premises, protecting against damage to aircraft.

Airport Contractors Liability

Coverage is for contractors / operators at airport locations / premises.

We can provide aerospace airside liability coverage for contractors at airports including; construction of airport buildings, construction of airfield / runways, general maintenance on airport premises; terminal buildings, airside locations, apron/taxiway/runway work.

Airline Catering Liability

Coverage is for catering suppliers and distributors providing food and drinks to airline / aircraft operators. 

We can provide aerospace liability coverage for the product liability arising out of the supply of food and drinks as well as the physical operations airside at airport premises, protecting against damage resulting from operations up to and on board aircraft.

Ground Handlers

Coverage is for ground handlers at airport locations / premises. 

We can provide aerospace liability coverage for damage to third party property including aircraft and bodily injury arising from baggage / cargo handling, laundry passenger assistance, aircraft cleaning, aircraft towing and air bridge operations.

Airport Cover

Coverage is for airport owners / operators. 

We can provide coverage for airport / aerospace liability for control tower liability including aircraft movements, terminal building liability, security services for baggage/passenger screening and internal / external security.

Fixed Wing Aircraft

Coverage is for Aircraft Hull and Liability. 

We can provide coverage for aircraft hull all risks, including hull war risks and third party liability including passenger legal liability.

Helicopter / Rotor Wing

Coverage is for Aircraft Hull and Liability. 

We can provide coverage for aircraft hull all risks, including hull war risks and third party liability including passenger legal liability.