Aerospace Insurance

Aerospace is a diverse and dynamic industry. From major airframe, engine and component part manufacturers to international airports and ground services, each segment faces its own special challenges.

Allianz Global Corporate & Specialty (AGCS) provides tailored aerospace insurance policies to a wide range of clients, from aerospace giants to small OEM suppliers and refuellers, covering all types of damage and liability. We customize cover to meet the specific requirements of the client. This flexible, tailored approach allows us to offer the most appropriate solutions for the client’s needs.
Product description

As a core part of our overall aviation service, our aerospace insurance teams provide tailored policies across the aerospace industry, covering all types of physical damage and liability for aerospace risks.

 Our ability to combine a flexible approach to coverage with large underwriting capacity and strong-rated financial security has made us the lead insurer for a large number of very high profile clients, as well as allowing us to offer 100% lines on specialist aerospace risks within this sector. 

What's more, our claims teams have supported our clients through some of the aerospace industry's largest insurance losses, helping to protect their reputation and reach a fair and fast settlement.

Risks covered
  • Prime manufacturers
  • Component manufacturers
  • Aerospace products liability
  • International airports
  • Regional and local airfields
  • Repairers and overhaulers
  • Air traffic control
  • Terminal buildings liability
  • Aviation suppliers
  • Ground handlers, refuellers and caterers
  • Airside liability
  • Airport contractors
  • Ferry flights
  • Manufacturers hull coverage
  • Aerospace risk consulting
At AGCS we offer the full spectrum of aviation insurance solutions to everyone from major fleets, manufacturers and airports to private pilots, ground handlers and niche component manufacturers, with a particular focus on:
  • Increased line sizes
  • New business (especially as lead)
  • Start-up airlines
  • Broad appetite to grow across portfolio
  • Increased line sizes
  • Broad appetite to grow across portfolio
  • Increased line sizes
  • Co-insurance business (including North America)
  • Commercial fixed and rotor wing
  • Industrial aid
  • Broad appetite to grow across portfolio
  • Spacecraft In-orbit life (IOL)
  • Launch
  • Combined: launch+ commissioning + IOL
AGCS will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.
The products and services described on this page may not be available in all AGCS locations. Please contact your local office for full information on local product availability.
Financial strength backed by
strong ratings
Network to service clients in 200+
countries and territories
Manager of 2,800+ global programs for international insurances
A tradition of excellence, 100+ years of technical expertise
Wide range of dedicated risk consulting services by our engineers
We field one of the strongest claims teams of any global insurer
92m customers globally – we insure over three quarters of the Fortune 500®
4,000+ employees in over 30 countries and 50 offices worldwide
Part of the Allianz Group, a leading financial services provider
ESG integrated into our underwriting via industry-leading rules and tools
Allianz Group is a founding member of UN Net-Zero Insurance Alliance

Allianz Risk Barometer

  1. Cyber incidents (47%) - 2021 rank: 3 (35%)
  2. Pandemic outbreak (45%) - 2021 rank: 1 (62%)
  3. Business interruption (29%) - 2021 rank: 2 (41%)
Our mobile app is a useful resource center for all our clients and brokers in North America. It features company information, product sheets and risk appetites for every line of business and service, and contact information for underwriters and other key members of the organization.
The Allianz Group offers a wide range of products, services, and solutions in insurance and asset management and operates as an international insurer on almost every continent.
With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.