Navigating the 2025 Skies with Insight-Driven Underwriting WTW’s recent Q4 2024 General Aviation Insurance Market Outlook has highlighted a steady market for clients with a solid loss record. However, it also cautions - with costs on the rise - a strong potential for change as the market approaches 2025, including competitive pressures, reinsurance cost increases, and claims inflation, which may make aviation less appealing for insurers: https://lnkd.in/ewJJE7dn At HIVE Underwriters, our ethos is built around informed underwriting. Through substantial investment in advanced data analytics and knowledge-led decisions, we’re prepared for the challenges ahead and will adapt proactively to bring resilience to our partners in 2025. Find more about HIVE Underwriters: https://www.hiveuw.com/ #CyberRisk #Aviation #InsuranceNews #AviationInsurance #Insurtech #WarInsurance #AviationSafety #OverflightRisk #MGA
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In just under 2 weeks' time our #ULR experts Ian Evans and Michael Brooks will be attending Airmic (Association for Insurance & Risk) 2024, connecting with others in the industry and participating in innovative discussions about the future of #Risk and #Insurance. If you're attending and would like to chat with Ian or Mike, please scan the QR code below to get in touch with our business development team. #ULR #RiskManagement
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Great to see that the topic of claims management is on the agenda at the #WTWAviationConf24. How we all react, interact and work together in times of crisis is absolutely crucial to find resolution, and comfort, in times of adversity #wtw #WTWAviationandspace #aviationsafety #aviationinsurance #claims #claimsmanagement
Looking forward to seeing all the attendees at the WTW Aviation conference 2024. Still time to register if you haven't already done so. #WTWaviationconf24 #insurance #risk #aviation
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To address the complex insurance needs of private aircraft ownership, HUB is launching Private Client Aviation Risk Advisory Services. HUB’s specialists provide critical guidance every step of the way, so HNW families & individuals can evaluate all options before committing to purchase, lease or charter private aircraft & make decisions with confidence. Read more in the press release: https://ow.ly/Ejbo50TwG3x #PrivateAviation #RiskManagement #AviationInsurance
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To address the complex insurance needs of private aircraft ownership, HUB is launching Private Client Aviation Risk Advisory Services. HUB’s specialists provide critical guidance every step of the way, so HNW families & individuals can evaluate all options before committing to purchase, lease or charter private aircraft & make decisions with confidence. Read more in the press release: https://ow.ly/gulh50TvzJR #PrivateAviation #RiskManagement #AviationInsurance
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To address the complex insurance needs of private aircraft ownership, HUB is launching Private Client Aviation Risk Advisory Services. HUB’s specialists provide critical guidance every step of the way, so HNW families & individuals can evaluate all options before committing to purchase, lease or charter private aircraft & make decisions with confidence. Read more in the press release: https://ow.ly/KByu50TvOSm #PrivateAviation #RiskManagement #AviationInsurance
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To address the complex insurance needs of private aircraft ownership, HUB is launching Private Client Aviation Risk Advisory Services. HUB’s specialists provide critical guidance every step of the way, so HNW families & individuals can evaluate all options before committing to purchase, lease or charter private aircraft & make decisions with confidence. Read more in the press release: https://ow.ly/qpzb50TA1xI #PrivateAviation #RiskManagement #AviationInsurance
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In the aviation sector, leveraging modeling and risk analytics can significantly enhance the value of insurance programs for companies, ranging from airlines to airports and manufacturers. Insights from Marsh’s recent aviation summit highlighted the potential for organizations to bolster their understanding of risk exposure, loss volatility, and conduct cost-benefit assessments of various insurance programs. Industry experts at the workshop emphasized how analytics empower companies to optimize their insurance programs, enabling more informed decisions on risk retention, insurance coverage, and the identification of risk correlations. By utilizing these tools, organizations can design optimal risk financing strategies and uncover opportunities for diversification within advanced program structures. Please let me know if I can help you in any way.
From airlines to airports and manufacturers, there is huge potential for companies across the #aviation sector to use modeling and risk #analytics to maximize the value of their insurance programs. Discover techniques to improve your organization's understanding of risk exposure and, crucially, loss volatility, in our recent insight: https://bit.ly/4edxpk6 #MarshAviation
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🎥 Axco’s Barker and Field: Harnessing reinsurance data for a competitive edge As the risk landscape grows ever more complex and interconnected, the need for quality data in the reinsurance industry has never been more pressing, Axco’s head of business development Roberta Field told The Insurer TV... https://lnkd.in/ggMBYQTt Roberta Field | Christopher Barker | Axco Insurance Information | George Abbott #TheInsurerTV #ReinsuranceMonth #reinsurance #reinsuranceinterview #reinsurancemarket #reinsurancenews
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To address the complex insurance needs of private aircraft ownership, HUB is launching Private Client Aviation Risk Advisory Services. HUB’s specialists provide critical guidance every step of the way, so HNW families & individuals can evaluate all options before committing to purchase, lease or charter private aircraft & make decisions with confidence. Read more in the press release: https://ow.ly/x0xV50TvgRO #PrivateAviation #RiskManagement #AviationInsurance
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While some carriers are pulling out of certain geographies, others are diving in headfirst. How? By utilizing individual-level risk intelligence to accurately assess risk and drive profitable growth. Watch our CEO Scott Ham discuss the power of risk intelligence and how carriers are fulfilling their promises to their consumers. Visit https://hubs.li/Q02Hvh5y0 to learn more. #Insurance #RiskIntelligence #ProfitableGrowth
