Aviation
Aviation Industry in India is one of the fastest growing aviation industries in the world. With the liberalization of the Indian aviation sector, aviation industry in India has undergone a rapid transformation. From being primarily a government-owned industry, the Indian aviation industry is now dominated by privately owned full service airlines and low cost carriers. As of May 2006, private carriers accounted for around 75% share of the domestic aviation market. The sector has also seen a significant increase in number of domestic air travel passengers. India’s air passenger travel is expanding at about 25 per cent a year, and at least six discount carriers have started flights in the country of 1.1 billion people. Growth in this sector will outpace the global average until 2025, according to government estimates. With new developments come new risks. The aviation industry can often prove to be a complex place with concerns regarding various catastrophic events. New commercial pressures add to the management challenges, as markets are liberalized and old entities come under threat from the new. Our knowledge base gives us a unique understanding of the issues facing the sector and allows us to design innovative risk solutions.
We arrange various types of following Insurance policies,
- Aircraft hull & liability – fixed wing and rotor wing, airlines and general aviation.
- Airline Hull War
- Airline Hull War Excess Liability
- Aviation Loss of License ( Group Named)
- Aviation Hull All Risk
- Aviation Liability Insurance
- Aviation Loss of License
- Airline Hull Deductible
- Aviation Hull War Risk