Aviation Insurance

Osprey Insurance Brokers provides industry-leading and innovative aviation insurance products. We’ve led the industry in providing comprehensive aviation insurance for more than 20 years having worked alongside all components of the industry including airlines, general aviation provides and unmanned aerial systems. This includes working with those who own and operate business jets, service providers, airports, and air traffic controllers. Over the next 10 years, the aviation industry will continue to grow and expand, using new technologies including solar power. Additionally, experts predict that the aviation industry will grow more extensively toward the use of unmanned, drone-type aircraft for cargo and even passenger transport. The industry, however, faces growing threats from terrorism, political unrest, and growing demand in smaller countries. This exemplifies the need for an outstanding, well-rounded aviation insurance policy no matter the sector of the industry you operate in.

Osprey Insurance Brokers is the comprehensive solution for aviation insurance today. Having provided extensive aviation coverage since 1995, we’ve worked hard to build a company that offers diverse products in an ever-changing marketplace. Our clientele reaches major players in London and other international markets. In 2015, Osprey Insurance Brokers began working alongside Tangiers Group, a market leader in emergency medical assistance and on-the-ground claims services. Tangiers Group has extensive expertise and a significant presence in frontier markets and a strong network of insurance carriers, further extending the services we can offer to our clients. Through our continuous development and dedication, Osprey Insurance Group has dedicated itself to assisting numerous high-profile clients in the aviation industry around the globe. This includes corporate and government entities, individuals, and entrepreneurs. Osprey Insurance Group flourishes in this area because it is capable of offering an extensive line of aviation insurance products in a broad range of insurance classes.

It is our in-depth experience and dedicated, highly qualified team of insurance experts, as well as access to Tangier Group’s expert services that allows Osprey Insurance Group to provide the most reliable level of insurance service in the most cost-effective manner possible. And, we do it all without any compromise on the quality of our cover and security.

Osprey Insurance Brokers aids in supporting and assisting our global international clients in achieving risk mitigation in the most affordable method possible using our extensive experience and connections to meet the goals of each client.

Osprey Insurance Broker Comprehensive Insurance Services

Osprey Insurance Brokers aids in mitigating these risks through a wide range of aviation insurance products tailored to meet the individual needs of our clients. We provide brokering services for all types of aviation insurance products including contract risk management.

About Us

Our Mission

OPERATORS

Our aviation Hull and Spares All Risks coverage is available for all types of aircraft including airlines, general aviation, fixed and rotor wing aviation and unmanned air vehicles and systems. Coverage extends to accident loss or damage to the aircraft and spare parts and components protection.

The Aircraft Hull and Spares Deductible is purchased to reduce the standard market deductible applicable level, the level of which depends on the aircraft type. This makes the deductible more acceptable for the operator.

AVIATION HULL AND SPARES ALL RISKS

AIRCRAFT HULL AND SPARES DEDUCTIBLE

TOTAL LOSS INSURANCE

AIRCRAFT THIRD PARTY, PASSENGER, BAGGAGE, CARGO, AND MAIL LEGAL LIABILITY

AVIATION HULL AND SPARES WAR AND ALLIED PERILS

AIRCRAFT WAR, HI-JACKING, AND OTHER PERILS EXCESS LIABILITY (AVN52E)

Our comprehensive total loss insurance policy for aviation products provides for claims at a fixed sum in addition to the aircraft’s agreed value payable under the Hull All Risks policy in the event of a total loss. Coverage remains in place for significant, unavoidable, and unable to be repaired incidents within the limits of the policy.

With this aviation insurance policy, aircraft operators protect against legal liability to third parties and passengers who suffer injury or damage to their property, such as baggage, mail, or cargo, arising out of the operation of the aircraft, mitigating the operator’s responsibility for claims made against it.

Our Aviation Hull and Spares War and Allied Perils policy writes back most of the exclusions for war and allied perils listed on the War and Allied Perils Exclusion Clause, AVN48B, which is applied to the Hull and Spares All Risk policy. This protection aids in providing coverage to aircraft and spares against threats such as war, strikes, riots, civil commotions, and labour disturbances. It also covers terrorist acts, malicious acts and sabotage, confiscation of requisition by government and hijacking.

To mitigate the risks associated with war and allied perils, which are generally excluded under Aircraft Third Party, Passenger, Baggage, Cargo, and Mail Legal Liability policies, operators can select to add this specific level of coverage. It aims to extend cover endorsement known in the aviation market as AVN52E.

Our operator-focused aviation services include the following:

LESSORSOur comprehensive aviation insurance is also available to

lessors and includes policy options such as:

Contingent Insurance aims to cover the exposure of banks, financiers, and leasing companies, where protection for such parties under any primary airline policy fails to respond to loss, and is available under any contingent hull, contingent war, or contingent liability cover.

This showcases the importance of organisations to take action against these types of claims and mitigate these growing risks.

Aircraft Repossession Insurance provides protection to financiers or lessors against political risk and unrest. It operates in the event that the financier or lessor is unable to recover their aircraft as a result of action or inaction taken by a foreign host government.

CONTINGENT INSURANCE

AIRCRAFT REPOSSESSION INSURANCE

The reason for this failure to cover may include any of the following:

• INSUFFICIENCY OF OPERATOR’S POLICY TO MEET ITS LIABILITIES

• GAPS IN COVERAGE AS A RESULT OF CANCELLATION OR NON-RENEWAL

• FAILURE BY OPERATOR’S BROKER TO NOTIFY INSURERS OF FINANCIER OR LESSORS INTEREST

• RESTRICTIONS ON POLICY PROCEEDS

This includes:

• FAILURE OF A FOREIGN GOVERNMENT TO DEREGISTER AN AIRCRAFT

• INABILITY TO OBTAIN EXPORT CERTIFICATE OF AIRWORTHINESS

• INABILITY TO OBTAIN PHYSICAL POSSESSION OF AN AIRCRAFT OR ITS RECORDS

• CONFISCATION OR REQUISITION OF AN AIRCRAFT BY A FOREIGN GOVERNMENT

Our aviation insurance policies aim to protect all of those within the industry including service providers facing risks associated with ground operations such as aircraft refueling, ground handling, maintenance providers, manufacturing, aircraft painting, air traffic control, and indeed civil aviation authorities. This includes offering:

Service Providers

This liability policy aims to protect service providers against liability claims for damage caused to property or people arising from ground operation risks including:

• Premises Liability

• Hangar Keepers Liability

• Products Liability

• Refuellers Liability including Grounding Liability

AVIATION GENERAL

THIRD PARTY LEGAL

LIABILITY

A growing area of importance in today’s aviation industry, our aerospace insurance coverage mitigates risks associated with all areas of aerospace risk. Our Space Coverage aims to protect assets against physical damage during launch or in-orbit life of satellites, as well as third party liability and product liability arising out of or in connection with satellites.

AEROSPACE

Osprey Insurance Brokers works directly with clients to create comprehensive and custom insurance policies to mitigate risks associated with individual business operations. Our complete research and analysis of your aviation needs allows us to establish a package that keeps risks at bay while also providing an affordable price on the protections needed. Expect personalised service and attention to your needs from our experienced staff and industry leaders.

CUSTOMISED, TAILORED

AVIATION INSURANCE

SUPPORT

Headquarters 54 Melita StreetValletta VLT 1122Malta Contact us: info@ospreybrokers.com Tel. +356 2778 1197 www.ospreybrokers.com

The company (Reg.: C19103) is licensed to carry on the business of insurance broking and is regulated by the Malta Financial Services Authority