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The latest edition of ITIC’s The Wire focuses on US aviation insurance brokers. Professional liability exposures continue to evolve within an increasingly complex and specialised industry. This…

Luke Carter, Aviation Senior Account Executive at ITIC, shares insights from a career that has spanned over eight years in the industry. Drawing on his experience, he reflects on the common…

The latest edition of ITIC’s The Wire focuses on US aviation insurance brokers. Professional liability exposures continue to evolve within an increasingly complex and specialised industry. This…

The following table examines how a professional liability policy could respond to the liabilities of the assured in various common situations. It considers both the likely response of the…

Physical risks such as damage to aircraft, injury to passengers or loss arising from an operational incident are widely regarded as the core identity of aviation insurance. Less visible, but equally…

Artificial Intelligence (AI) usage is becoming increasingly prevalent in the aviation insurance market. Following ITIC’s recent attendance at the Aviation Insurance Association (AIA) conference in…

A mismatch in contract terms has led to a US$110,000 settlement against a shipbroker, highlighting the risks brokers face when fixtures are not clearly aligned on a back-to-back basis when fixing…

An air charter broker was engaged by a freight forwarder to arrange the transport of cargo. In preparing the quote, the broker based the pricing and aircraft selection on the total volume capacity of…

An Approved Training Organisation (ATO), who was insured by ITIC, specialised in type rating training for commercial pilots. They were contracted by a business jet fleet manager to provide training…

Ship managers are facing increasing litigation risks that are linked to inherited ship conditions, highlighted after a recent incident in which claims exceeding US$2.5 million were brought against a…