In the aviation industry, air passenger traffic remains strong, and airlines are re-equipping their fleets, which means increasing insurance coverage to protect the higher values of new aircraft. In the aerospace field, creativity in the management of risk is crucial to meeting this industry's challenges.
Marsh's Aviation & Aerospace Practice is broker to some of the world's largest airlines, manufacturers, helicopter operators and airports. We are also the broker of choice for many smaller firms around the world. Our clients, large and small, choose Marsh because they value our specialized knowledge, not only of the aerospace insurance markets, but also our knowledge of their businesses.
Marsh's Aviation & Aerospace Practice employs over 300 specialists in more than 20 offices throughout the world. The objective is to provide our clients with the best possible service.
We offer expertise in:
- Aviation Products Liability — Marsh is the acknowledged leader in this area, with unmatched expertise for managing aviation products liability exposures, including contract review, claims assistance, loss forecasting and retention, and captive analysis.
- Space Projects — We are the industry leader in designing, negotiating, and placing space insurance, as well as in handling major space claims.
- General Aviation — This specialty assesses risk and designs risk management programs for the general aviation industry, including industrial aid, air taxi and commercial helicopter operators, and aircraft brokers.
- Airlines — This group specializes in airline risk management and insurance, including loss forecasting and claims support.
Our resources assist by providing our clients with a constant pool of information and intelligence concerning the aviation industry and market trends. We are able to provide a high degree of service in this specialized field in terms of setting overall strategy, leveraging the market, bringing daily services to our clients and assisting in benchmarking aviation products liability programs against competitors and the overall market.
While we are the leading insurance broker and risk advisor, our size on its own means nothing if it does not benefit our clients. We have direct access to every world insurance market without regard to national biases or minimum orders by correspondent or intermediary brokers.
In addition, we are in daily contact with each of the world's major aviation insurers. With our unique staff of aerospace professionals we are able to deliver a consistent standard of client support and service in more than 100 countries around the globe. For our clients, this means technical expertise, local language capabilities and knowledge of local economies and legislation — all available 24 hours a day anywhere in the world.