Insurance in Business Aviation
Friday 4th November 2011
London, UK
Hosted & Sponsored by
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The aim of this event is to provide an explanation of basic insurance terms in the context of aircraft finance and ownership structures. The seminar will also concentrate on the practical aspects of how the insurance market works. Gates and Partners together with a panel of brokers, underwriters and adjusters will explain the legal and practical aspects of aviation insurance.
SPEAKERS
Mike Bannon, Underwriting Manager Europe, Global Aerospace
Anthony McCarthy, Executive Director, Willis Aerospace
Alan Day, Account Executive, Lockton
James Weigall, Corporate Manager General Aviation, Chartis
The seminar is aimed at financiers, lessors, owners and operators of aircraft.
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SEMINAR HIGHLIGHTS
Overview of insurance language and practices in aviation
- Insurance and reinsurance, hull and liability insurance, legal liability to third parties and to passengers
- Agreed value versus market value – what is the difference in finance terms?
- Sole loss payees and additional insureds
- The difference between a certificate of insurance and the underlying policy
- Fleet policies versus single aircraft policies
- War, hijacking and other perils – exemptions and exclusions
- Denial of coverage – breach of sanctions and regulations, non-payment of premiums, illegal public charter
- Jurisdictional risk
- The Lloyds insurance market and the international market – insurance and reinsurance
- Breach of Warranty and its effects
Panel discussion
Expert underwriters, brokers and lawyers will be invited to take part in a panel discussion to debate issue affecting the finance industry such as:
- AVN67B – what does it really mean and does it really work in practice?
- Do assignments of insurance protect the financiers interests? How do they work in practice?
- EU regulation on third party liability limits – does the regulation need to be reviewed in the context of recent claims?
- How safe is the reinsurance market?
Claims Handling
- A review of how claims are handled in practice; negotiation of the hull release; the financiers’ part in the whole process; what is loss adjusting?
Risk Management
- Discussion on how operators and airlines can better protect themselves – should the financiers care? Emergency response planning, audit and information procedures, reviewing contractual risk and exposure.
International update
- Negligent Entrustment – The Cook County Judgement
- Criminalisation of aircraft accidents in Europe
- Aircraft repossession insurance
- Recent examples
| REGISTER
DELEGATE FEE: £350
Alumni & Students of
Embry-Riddle Aeronautical University:
10% Discount
To register for this event by credit card, please complete the Registration Form below and return it to Aeropodium.
UK FAX: +44 20 8082 5967
USA FAX: +1 954 406 7029
E-MAIL: register@aeropodium.com
Registration Tel:
UK: +44 20 8123 7072
USA: +1 305 767 4707
The seminar is aimed at financiers, lessors, owners and operators of aircraft.
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This event is fully booked and we regret that we cannot accept more registrations.
To reserve the Seminar proceedings, please contact mail@aeropodium.com
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PLEASE USE THE REGISTRATION CREDIT CARD FORM TO RESERVE YOUR PLACE
Terms & Conditions
The delegate fee includes access to the event, the networking breaks, and the event proceedings. It must be paid in full before the date of the event. The delegate badges will be collected at the registration desk of the event. Substitutions are allowed and cancellations that are received in writing up to 30 days prior to the date of the event will be refunded (-10% administration fee). For more information, please visit the "Terms & Conditions" section. For press passes, please submit your request to Aeropodium, email: register@aeropodium.com
UNABLE TO ATTEND? Reserve your conference proceedings for only £200. A username and password will be emailed to you as soon as the event is completed and you will have access to all the papers! To reserve the proceedings of this event, please contact mail@aeropodium.com
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DOWNLOAD THE
SEMINAR AGENDA
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