Miscellaneous Insurance
The aerospace industry comes with a unique set of risks. Our team of highly qualified business experts provide complete risk analysis & management to ensure a complete solution in the event of a loss. The team derives its strength by virtue of the number of years of experience, the technical competence of its members and its key relationships with Aviation Markets.
Uniquely specialized solutions for a complex industry with the expertise to manage complex challenges and the profile to negotiate competitive quotes and coverage’s with the right team and capabilities with full transparency in our services from placement to documentation.
We provide risk solutions for a complete range of Aerospace Exposures including:
- Airlines & Airports
- General Aviation
- Corporate Aircraft
- Governments
- Ground Handling Companies
- Loss of License & Aviation Personal Accident
- Aviation Product Liability
- Airside Insurance
- Hangar Keepers Liability & MRO’s
- Aviation Caterers Liability
- Aviation Re-fuelling Liability
Our Services:
- Quality presentations to underwriters
- Collection and compilation of information
- Create market competition
- Review of coverages
- Negotiate for coverage and price with insurers / reinsurers
Focused approach to claims:
- Our dedicated team will be available for assistance 24 hours.
Trade Credit & Political Risk or Credit insurance provides you with protection against the risk of non-payment by your customers when trading domestically and internationally. Our Credit Insurance Vertical will work closely with you to meet your business needs and facilitate safe business growth without exposure to unnecessary risk.
We can design tailor made Credit Insurance solutions to suit the needs of your business. We can also arrange an independent assessment of the financial viability of your debtors and collection of bad debts. Our insurance solutions will help in negotiating better rates for financial facilities which are availed from Banks and financial institutions.
We work extensively with various reputed underwriters to develop improved trade credit practices.
Scope of cover – Commercial Risk:
- Non-payment by the buyer – protracted default
- Insolvency of the buyer
- Political Risk
- Military or civil war, revolution, riot or insurrection
- General moratorium on payment by the government of buyer’s country
- Cancellation of import license
- Government decision preventing performance
- Political events, economic difficulties, legislative or administrative measures preventing payment
- Non-payment by government buyer
Under crop Insurance farmers are sought to be protected against uncertainties of crop yields arising out of all natural factors beyond their control. It is mostly based on the principle of indemnity. Farmers seeking insurance have to pay premium which may or may not be subsidised. Insured Farmers suffering losses due to perils mentioned in the policy are indemnified as per policy conditions. Difference insurance covers such as Cattle insurance, Sericulture insurance, Poultry Insurance, are designed to provide cover for Livestock of insured.
