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AXIS AVIATION INSURANCE

Navigate risks using an important resource: our deep expertise.

From drones and flying clubs to large aircrafts and more, AXIS Aviation Insurance taps into years of experience to offer innovative solutions that help businesses mitigate aviation risks.

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Scroll down to uncover flight facts and our solutions.

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Corporate aviation

By tapping into our deep expertise, AXIS tailors coverages corporate aviation companies can rely on.

  • Hull
  • General liability
  • Passenger liability
  • Spare parts
  • Third-party liability
  • Pilot loss of license
  • Personal accident

Business aviation contributes $150 billion to U.S. economic output and employs more than 1.2 million people.1

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Commercial aviation

Looking for a partner who can help navigate commercial aviation risk? AXIS can help.

  • Hull
  • General liability
  • Passenger liability
  • Spare parts
  • Third-party liability
  • Pilot loss of license
  • Personal accident
  • Cargo

37 seconds

an aircraft takes off or lands every 37 seconds at Chicago O’Hare's International Airport 2

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Regional aviation

AXIS is able to provide regional aviation solutions.

  • Hull
  • General liability
  • Passenger liability
  • Spare parts
  • Third-party liability
  • Pilot loss of license
  • Personal accident
  • Cargo

Passenger travel in the EU

increased by 7.3%2

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Helicopter

Risk exposures in helicopter aviation pose their own unique challenges. AXIS can help ensure you have the right coverages.

  • Hull
  • General liability
  • Passenger liability
  • Spare parts
  • Third-party liability
  • Personal accident
  • Cargo

Percent of global
rotorcraft fleet operated

U.S.: 35%
Europe: 27%3

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Light aviation

AXIS helps clients prepare for, and be covered against, risks facing the light aviation industry.

  • Hull
  • General liability
  • Passenger liability
  • Spare parts
  • Third-party liability
  • Personal accident
  • Cargo

Newer, sleeker, more cost-effective planes boast speeds up to

200 MPH and 100 horsepower and pose new risks.4

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Microlight & glider

The ultralight aircraft category poses its own unique risk challenges. The AXIS Aviation team offers experience and expertise in this market sector.

  • Hull
  • General liability
  • Passenger liability
  • Spare parts
  • Third-party liability
  • Personal accident

Newer, sleeker,
more cost-effective planes boast
speeds up to

200 MPH and
100 horsepower and pose new risks.5

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Hot air balloon

AXIS helps your clients navigate the complex risks for this market.

  • General liability
  • Passenger liability
  • Third-party liability
  • Personal accident

Giant balloons have flown
as high as 25,000 meters.5

As balloons float higher, the liability risks rise, too.

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Drones

As commercial drone use increases, AXIS offers adequate insurance coverage possibilities.

  • General liability
  • Third-party liability

The market growth for drones is forecasted to increase from $14 Billion to $43 Billion in 5 years. 6

More drones means more opportunities for risk.

Air traffic towers

AXIS provides coverage for air traffic control risks.

  • General liability
  • Third-party liability
  • Premises

406 airports

in the EU have air traffic control services 8

requiring an added level of liabilitycoverage.

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Aviation and airport professionals

AXIS offers a range of covers for risks at ground level.

  • General liability
  • Third-party liability
  • Pilot loss of license
  • Personal accident
  • Cargo
  • Premises
  • Pilot training
  • Product
  • Handling

Airports employ huge numbers of staff, creating a variety of risks and liabilities for the owners.7

For aviation companies to soar,
they need a company grounded in knowledge.

Our aviation experts have years of expertise enabling them to tailor coverage to help clients mitigate risks and protect their businesses.

Download aviation solution illustration

Capabilities web link

  • Up to 15% of hull war capacity
  • Up to 30% of excess war liability capacity
axis-aviation-insurance-1

Solutions web link

Solution

AXIS Aircraft Contingent Hull, Hull War & Liability Insurance

Insurance
Financial instability, unforeseen accidents, government seizures, war-there are many reasons why a financial institution or an aircraft lessor may seek to protect their asset(s) and any third-party liabilities arising from the use of their aircraft. Our "contingent" policy is triggered in the event of an accident, but only when the operator's policy fails to respond. This product is always "contingent" behind an operators policy. Cover is also extended to include "possessed" exposures. For example, when an aircraft lease expires, the aircraft lessor will become responsible for their aircraft on a "first loss" basis. Financial instability, unforeseen accidents, government seizures, war-there are many reasons why a financial institution or an aircraft lessor may seek to protect their asset(s) and any third-party liabilities arising from the use of their aircraft. Our "contingent" policy is triggered in the event of an accident, but only when the operator's policy fails to respond. This product is always "contingent" behind an operators policy. Cover is also extended to include "possessed" exposures. For example, when an aircraft lease expires, the aircraft lessor will become responsible for their aircraft on a "first loss" basis.
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Solution

AXIS Airline & General Aviation "All Risks" Insurance

Insurance
AXIS Airline & General Aviation "All Risks" Insurance provides cover for airlines, airports, fixed based operators and service providers (including caterers, security screeners) against risk of hull damage, third-party property damage and/or bodily injury. In the case of airlines, this product offers hull and spares coverage as well as aircraft liability for claims involving passengers and third-parties, including war liability (AVN52) to a limited degree. AXIS Airline & General Aviation "All Risks" Insurance provides cover for airlines, airports, fixed based operators and service providers (including caterers, security screeners) against risk of hull damage, third-party property damage and/or bodily injury. In the case of airlines, this product offers hull and spares coverage as well as aircraft liability for claims involving passengers and third-parties, including war liability (AVN52) to a limited degree.
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Solution

AXIS Aviation Excess War Liability Insurance

Insurance
Acts of war and malicious intent can bring huge exposures to the aviation insurance industry and clients can be left somewhat vulnerable. AXIS Aviation Excess War Liability Insurance provides cover for third-party legal liabilities arising from property damage and/or bodily injury arising from war perils. Typically this is written on a stand-alone basis and sits in excess of the underlying (AVN52) limit included in the "all risks" contract. Acts of war and malicious intent can bring huge exposures to the aviation insurance industry and clients can be left somewhat vulnerable. AXIS Aviation Excess War Liability Insurance provides cover for third-party legal liabilities arising from property damage and/or bodily injury arising from war perils. Typically this is written on a stand-alone basis and sits in excess of the underlying (AVN52) limit included in the "all risks" contract.
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Solution

AXIS Aviation Hull War Risks Insurance

Insurance
Similar to acts of war, invasions, hi-jacking and insurrections can severely impact the industry. AXIS Aviation Hull War Risks Insurance covers physical damage to an aircraft (hull) resulting from a war peril. Similar to acts of war, invasions, hi-jacking and insurrections can severely impact the industry. AXIS Aviation Hull War Risks Insurance covers physical damage to an aircraft (hull) resulting from a war peril.
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Solution

AXIS Aviation Products Liability Insurance

Insurance
Aerospace manufacturing companies are covered for third-party legal liabilities arising from an accident causing property damage and/or bodily injury to third-parties. AXIS Aerospace Liability Insurance provides the necessary coverage in unexpected circumstances. Aerospace manufacturing companies are covered for third-party legal liabilities arising from an accident causing property damage and/or bodily injury to third-parties. AXIS Aerospace Liability Insurance provides the necessary coverage in unexpected circumstances.
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Contacts web link


What type of business is it good for?

  • Aircraft operators, lessors and lessees
  • Fixed base operators and service providers
  • Product manufacturers

Claims

Clients can rest assured that when a claim is filed AXIS focuses on:

  • Quick decision making
  • Championing your needs
  • An honest approach
Learn more about claims