In response to “the current state of the U.S. economy,” Signature Flight Support is levying a new “infrastructure fee” on its customers. The non-waivable per-visit surcharge is–according to a company spokesman–“to assist in recovering expenses for upgrades to facilities, security, insurance increases and other fees charged to Signature to maintain standards for service, safety and security for our customers, crews, passengers and aircraft.” The fee is waived for Signature-based customers departing their home facility and for charity flights.
Aerospace insurance provider Global Aerospace has been selected as the aviation insurance claims manager and advisor for the FAA. Under the agreement, Global Aerospace will provide insurance expertise, assist in claims settlements and advise the FAA on commercial aviation insurance matters with respect to war-risk coverage provided by the agency under authorization from Congress.
More than 100 business aircraft, with a nominal overall value of more than $1 billion, are currently covered under the FinServe European Business Aviation Placement (F-EBAP) “privileged” insurance program sold by independent broker FinServe Aviation Insurance (Stand 383), which is celebrating its 25th anniversary.
Aviation insurer Starr Aviation now has an iPhone app that provides easily accessible information to aviation insurance brokers, Starr policyholders and potential policyholders. Functions include locating and contacting the various Starr offices, finding a local aviation insurance agent and consulting an accident checklist. Additionally, Starr Aviation allows both policyholders and their broker to access their aviation policies directly from mobile devices. Policyholders can also report an accident and file a claim within the application.
The Middle East Business Aviation Association (MEBAA) launched an aviation insurance group discount program for members on Tuesday at the Dubai Air Show.
The Middle East Business Aviation Association (MEBAA) and Gates & Partners, the London-based international law firm, will hold a free one-day seminar at the Dubai Air Show on Wednesday, November 16.
The Independent Fixed Base Operators Association (IFBOA) and insurance provider QBE Holdings have announced the creation of a new insurance program for the association’s members. According to IFBOA, the program will provide workers’ compensation insurance at competitive rates while allowing participants to earn an annual return on those costs while taking advantage of the group’s purchasing power.
Berkley Accident and Health has set up Encap Business Aviation Captive to create “an insurance brokerage program specifically for business aviation employers that employ between ten and 1,000 employees,” Joe Clifton, director of JP Benefits Connection, told AIN. The program offers medical and prescription coverage.
FinServe Aviation Insurance introduced an insurance program designed specifically for business aircraft owners and operators in Europe. According to the company, the program covers a broader range of risks associated with business aviation than a standard aircraft insurance policy.