With its huge capital expenditure, difficult financial risks and growing security concerns, aviation and aerospace carries some of the largest risks of any industry sector.
Given the pace of product innovation in recent times, firms are confronted with additional competitive and strategic risks.
Marsh has a long history of developing innovative solutions in this sector. We pioneered commercial aviation insurance. Today, we are unmatched in our experience, with the largest overall aviation account world-wide.
We handle in the region of 4,000 aviation insurance claims annually and are renowned for our expertise in handling major and minor claims in the best interests of clients, seeking at all times to avoid unnecessary litigation and minimise the adverse financial and public relations aspects of any claim.
We are committed to meeting clients’ needs and challenges with a broad range of risk and insurance solutions throughout the MMC Group of Companies.
Headquartered in London, the Aviation and Aerospace Practice remains the centre for Marsh's aerospace business.
In addition to being able to access aviation specialists in London, we also have a number of regional offices. Over 500 professionals, operating through 16 aviation hubs around the world and fully supported by the global resources of MMC, provide integrated advice on all aspects of business risk.
Our insurance broking services include the identification, quantification, management/control and transfer of risk (through either traditional insurance or innovative risk finance techniques) for:
- aerospace manufacturers
- airlines and aircraft operators
- airports and air traffic control centres
- aviation refuelling companies
- civil defence forces
- commercial aviation
- ground handling agents
- industrial aid fleets
- military risks
- national aviation authorities
- reinsurance
- repair and maintenance facilities
- space and satellite risks.
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