26 Aviation Insurance Firms: An Industry Overview
26 Aviation Insurance Firms: An Industry Overview
The aviation insurance industry specializes in providing coverages tailored to the unique needs of various aviation-related businesses. These companies offer diverse insurance products to protect against potential risks and losses in aviation, including aircraft and helicopter insurance, airport liability, and insurance for aerospace manufacturers. The range of clients is vast, from large commercial airlines to private jet owners, reflecting the industry's broad scope. As aviation technology rapidly evolves, the industry is set to encounter more complex risks and challenges, requiring more innovative and flexible insurance solutions.
Top 26 Aviation Insurance Companies
1. National Insurance Company Limited
- Website: nicl.com.pk
- Headquarters: Karachi, Sindh, Pakistan
- Founded: 1972
- Headcount: 501-1000
National Insurance Company Limited (NICL) is a general insurance company providing coverage to state-owned moveable and immovable assets belonging to government entities. They offer a range of insurance products including aviation, engineering, fire, marine, motor, crop, and miscellaneous insurance. NICL aims to protect and safeguard assets against potential risks and losses.
2. NEM Insurance PLC
- Website: nem-insurance.com
- Headquarters: Lagos, Lagos, Nigeria
- Founded: 1948
- Headcount: 201-500
- Latest funding type: Private Equity
NEM Insurance is an insurance company that offers a wide range of corporate products, including aviation insurance, burglary insurance, product liability, motor insurance, and more. They provide coverage for various industries and prioritize customer satisfaction.
3. Faraday Underwriting Limited
- Website: faraday.com
- Headquarters: London, England, United Kingdom
- Founded: 1993
- Headcount: 51-200
Faraday is a company that offers a wide range of insurance services in various business lines such as accident & health, agriculture, aviation, employers and public liability, financial lines, international casualty, property insurance, property treaty, and specialist lines.
4. Sterling Insurance Australia
- Website: sterlinginsurance.com.au
- Headquarters: North Sydney, Nsw, Australia
- Founded: 1998
- Headcount: 11-50
Sterling Insurance Pty Ltd offers a range of insurance products and services, including general liability, professional indemnity, contractors, environmental liability, asbestos liability, and aviation insurance. They provide coverage for various businesses and individuals, ensuring their clients are protected from potential risks. With a team of experienced underwriters, Sterling Insurance aims to deliver tailored insurance solutions that meet their customers' needs.
5. Travers Aviation Insurance
- Website: traversaviation.com
- Headquarters: St. Louis, Missouri, United States
- Founded: 1950
- Headcount: 11-50
Travers & Associates is an aviation insurance agency that provides a wide range of insurance products and services for individuals and companies in the aviation industry. They offer coverage for private, corporate, and commercial aircraft, as well as life insurance for pilots. With over six decades of experience and strong relationships with premier aviation insurance companies, they are able to offer competitive rates and comprehensive coverage.
6. Southwest Aviation Insurance Group of Arizona, INC.
- Website: southwestaviation.com
- Headquarters: Scottsdale, Arizona, United States
- Founded: 1993
- Headcount: 11-50
Southwest Aviation Insurance Group provides aviation insurance services for various aviation-related businesses, including fixed-base operators, maintenance shops, fuelers, and aircraft detailers.
7. Schrager Hampson Aviation Insurance Group
- Website: planeinsurance.com
- Headquarters: North Hampton, New Hampshire, United States
- Founded: 1989
- Headcount: 11-50
Planeinsurance.com is an aviation insurance agency exclusively offering comprehensive insurance coverage for private, commercial and corporate aircrafts, including unmanned aircrafts (drones), since 1989.
8. Al Buhaira National Insurance Co.
- Website: albuhaira.com
- Headquarters: Sharjah, Sharjah, United Arab Emirates
- Founded: 1978
- Headcount: 201-500
- Latest funding type: Ipo
Al Buhaira National Insurance Company is a leading insurance company in Sharjah, Dubai, and Abu Dhabi, UAE. They offer a wide range of insurance products to suit clients' needs, including car insurance, health insurance, property insurance, marine insurance, and more. With a commitment to excellent service since 1978, they aim to help customers understand their risk exposures and provide protection through their insurance solutions.
9. Prestige Assurance Plc
- Website: prestigeassuranceplc.com
- Headquarters: Victoria Island, Lagos, Nigeria
- Founded: 1952
- Headcount: 51-200
Prestige Assurance Plc is an insurance company that offers a wide range of personal and commercial insurance products. Their offerings include motor insurance, health insurance, agricultural insurance, personal accident policies, burglary insurance, and more. They provide coverage for individuals and businesses, ensuring financial protection in various situations.
10. MIB Insurance Brokers
- Website: mib.com.mt
- Founded: 1976
- Headcount: 51-200
MIB Insurance Brokers is Malta's largest insurance broker and risk management services firm, with over 40 years of proven track record. They offer a wide range of insurance products including personal accident insurance, health insurance, travel insurance, motor insurance, boat insurance, life insurance, and more.
11. trmg | The Risk Management Group
TRMG.net is an insurance company that offers a range of insurance solutions to businesses, families, individuals, and private institutions. They provide tailored protection plans that address the unique concerns and needs of their clients, specializing in custom policies. With a commitment to excellent service and expertise, they advocate and negotiate directly with underwriters.
12. Al Ittihad Al Dowali Insurance Services
- Website: aiadis.ae
- Headquarters: Al Qusais Industrial First, Dubai, United Arab Emirates
- Founded: 1992
- Headcount: 11-50
A.I.A.D.I.S. is a leading insurance broker in the UAE offering a wide range of insurance solutions. With a team of talented professionals, they provide honest advice and tailored insurance schemes to meet the specific needs and risks of businesses. They aim to be a reliable consultant and trusted partner for their clients, delivering transparent and quality service.
13. London Aviation Underwriters, Inc.
- Website: londonaviation.net
- Headquarters: Federal Way, Washington, United States
- Founded: 1980
- Headcount: 11-50
London Aviation Underwriters is an insurance company specializing in providing policies for aviation risks. They have been in the industry since 1980 and are committed to delivering excellent underwriting and claims service.
14. AirModo
- Website: airmodo.com
- Headquarters: New York, New York, United States
- Founded: 2019
- Headcount: 201-500
AirModo offers on-demand, pay-as-you-fly insurance for specialist drone operators in the USA and Canada. Our easy-to-use app provides instant coverage, either annually or by the hour, for both recreation and commercial use. Our policy provides broad coverage, such as personal injury and medical payments, as well as free safety and loss control services. AirModo policyholders receive best-in-class insurance at the most competitive premiums. Brought to you from the aviation insurance experts USAU (United States Aviation Underwriters, Inc as managers of United States Aircraft Insurance Group) and CAIM (Canadian Aviation Insurance Managers, managers of Canadian Aircraft Insurance Group), we simply provide more coverage for less. Visit www.airmodo.com or find us on the App Store and Google Play.
15. Preferred Aviation Underwriters
- Website: preferredau.com
- Headquarters: Duluth, Georgia, United States
- Founded: 2005
- Headcount: 11-50
Preferred Aviation Underwriters was established in 2005 by Thomas Adderhold and Kimberley Stufflet. Both of these industry professionals brought a wealth of different, yet complementary, expertise and experience to the partnership which quickly enabled them to attract strong company markets. Thomas and Kimberley’s authority and proven track record in in-house underwriting and policy issuance authority have seen the business quickly grow to take its place at the forefront of this very specialized industry. Since forming Preferred Aviation Underwriters Thomas and Kimberly have discovered that niche business provides a more consistent market with better profitability opportunities. To this end they have capitalized on their underwriting and marketing experience to offer their aviation customers a comprehensive program that benefits from a streamlined approach. Preferred Aviation Underwriters’s main goal is to help reduce the cost of doing business and offer market availability in the areas of property, inland marine, auto, crime, premises liability and other hard to place risks. Understanding the market cycles of the industry is crucial and Preferred Aviation Underwriters have adopted an underwriting discipline that has allowed them to meet growth and profitability goals. With an expert team of professionals who are dedicated to the success of the program, Preferred excels in customer service whilst understanding the importance of proper risk selection and pricing. The Preferred Aviation Underwriters Mission Statement To provide quality products and secure services to an elite business group by utilizing superior markets, industry knowledge, and flexible risk transfer options available within the insurance industry.
16. Risk Strategies Company
- Website: risk-strategies.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 1997
- Headcount: 1001-5000
- Latest funding type: Acquired
Risk Strategies is a company that specializes in providing risk management and insurance solutions to businesses in various industries. They offer expertise in areas such as commercial insurance, employee benefits, consulting services, and private client services.
17. Grupo INS
- Website: grupoins.com
- Headquarters: San José, Costa Rica, Costa Rica
- Founded: 1924
- Headcount: 10001+
Grupo INS is an insurance company that offers a wide range of insurance products and services. From life insurance to property insurance, they provide coverage for individuals, businesses, and organizations. With a strong focus on customer satisfaction and financial stability, Grupo INS is a trusted choice for all insurance needs.
18. Seguros Mundial
- Website: segurosmundial.com.co
- Headquarters: Bogota D.C, Bogota D.C, Colombia
- Founded: 1970
- Headcount: 201-500
Seguros Mundial is an insurance company that offers a wide range of insurance products to protect individuals and businesses. They provide various types of insurance, including SOAT, accident insurance, life insurance, cyber insurance, and more. With a strong commitment to customer satisfaction, Seguros Mundial ensures that their customers have peace of mind and financial security.
19. HDI Global Specialty SE
- Website: hdi-specialty.com
- Headquarters: Hannover, Lower Saxony, United States
- Headcount: 1001-5000
HDI Global Specialty SE is a wholly-owned subsidiary of HDI Global SE and part of the Talanx Group, both strong and established players in the international insurance market. HDI Global Specialty SE brings together cross-business segment expertise and network reach writing agency and specialty insurance business. Specialist local teams are highly qualified to give quick responses and informed support to clients' local operations, specifically their special, unusual or difficult insurance needs. For additional information please go to: www.hdi-specialty.com Imprint: https://www.hdi-specialty.com/int/en/legals/imprint
20. National Indemnity Company
- Website: nationalindemnity.com
- Headquarters: Omaha, Nebraska, United States
- Founded: 1940
- Headcount: 501-1000
National Indemnity Company is a leading property/casualty member of the Berkshire Hathaway group, offering a wide selection of commercial insurance products. With a steadfast reliability and A++XV rating by A.M. Best, NICO provides stability and integrity to agents and insureds for decades.
21. International Network of Insurance
- Website: ininetwork.com
- Headquarters: Boulevard Du Roi Albert Ii, Brussels Capital, Belgium
- Founded: 1979
- Headcount: 10001+
INI Network is an international company providing insurance services to a wide range of customers across various industries. They offer a comprehensive portfolio of insurance products and solutions to meet the unique needs of their clients.
22. DUAL Group
- Website: dualgroup.com
- Headquarters: London, Pennsylvania, United Kingdom
- Headcount: 501-1000
DUAL Group is an international MGA offering a wide range of insurance products and services. With a global network and local experts, DUAL Group provides tailored solutions for businesses in various industries.
23. Applied Underwriters
- Website: auw.com
- Headquarters: Omaha, Nebraska, United States
- Founded: 1994
- Headcount: 501-1000
Applied Underwriters is a company that offers a fresh, smart approach to insurance, reinsurance, and business services. They guide their clients through global financial risk and provide innovative solutions to real-world problems.
24. Staco Insurance PLC
- Website: stacoplc.com
- Headquarters: Lagos, Lagos, Nigeria
- Founded: 1994
- Headcount: 201-500
Stacoplc.com is an insurance company that offers a comprehensive range of insurance products, including accident, fidelity guarantee, professional indemnity, goods-in-transit, employer liability, burglary, public liability, group/personal accident, transportation, motor, marine hull & cargo, aviation, fire & bond, house owner/holder, engineering, and energy & special risks. They provide coverage for individuals, businesses, and industries in various sectors.
25. Lancashire Insurance Group
- Website: lancashiregroup.com
- Headquarters: City Of Hamilton, ..., United Kingdom
- Founded: 2005
- Headcount: 201-500
- Latest funding type: Ipo
Lancashire Group Inc. is a company that specializes in insurance and risk management services. They offer various products and solutions to effectively balance risk and return for their clients. The company operates through underwriting and claims management, providing coverage for different industries and sectors.
26. Hallmark Financial Services Inc.
- Website: hallmarkgrp.com
- Headquarters: Dallas, Texas, United States
- Founded: 1990
- Headcount: 201-500
- Latest funding type: Ipo
Hallmark is a specialty property and casualty insurance company that provides insurance solutions for various industries. They offer commercial package policies, primary auto brokerage, and specialty insurance coverage like medical facilities and animal liability. The company has deep distribution relationships with top brokers and agencies nationwide.
Want to find more aviation insurance companies?
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- Ownership: Which of these are private equity backed? Which are family-owned?
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