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.

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Meet our experts

Tom Fadden

Global Head of Aviation

+44-203-451-3027 Email

Axel von Frowein

Regional Head of Aviation CEE

+49-89-3800-16089 Email

David Warfel

Regional Head of Aviation North America

+1-646-472-1516 Email

Jonathan Milford-Cottam

Regional Head of Aviation London & Nordics

+44-203-451-3058 Email

Jean-Pascal Mouchette

Regional Head of Aviation Mediterranean & Africa

+33-1-58-852-902 email

Andrew Baron

Regional Head of Broker Management North America

+1-678-393-4028 email

Nicholas Pooley

Regional Head of Major Risk and Products North America

+1-678-823-7955 email

Jim Hyatt

Head of Aviation Canada

+1-416-849-4544 Email

Rani Christie

Regional Head of Distribution North America

+1-404-760-7812 Email

Aerospace Insurance

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

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Market focus at a glance

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:

Airlines

Increased line sizes
New business (especially as lead)
Start-up airlines
Broad appetite to grow across portfolio

Aerospace

Increased line sizes
Broad appetite to grow across portfolio

General Aviation

Increased line sizes
Co-insurance business (including North America)
Commercial fixed and rotor wing
Industrial aid
Broad appetite to grow across portfolio

Space

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.

Learn more about our risk appetite

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AGCS is here to partner with you

What you can expect from us

Market leading capacity to handle the largest risks

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

About AGCS

Aviation Insurance insights

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Report

Aviation trends post Covid‑19

“Rusty” pilots, “air rage”, new routes, new generation aircraft and even insect infestations – airlines and airports will face some novel challenges as they turn their attentions toward restoring normal operations after being mothballed during the Covid‑19 pandemic.

FIND OUT MORE

Interview with Chief Claims Officer Thomas Sepp

“Many changes in society and business have accelerated”

“The coronavirus outbreak has reduced risk in some areas while, at the same time, changing and heightening it in others. The wider changes in society and industry brought about and accelerated by the pandemic are likely to have a long-term impact on claims patterns and loss trends in the corporate insurance sector,” says AGCS Chief Claims Officer Thomas Sepp.

Magazine

Global Risk Dialogue

We’re discussing the burning issues and emerging exposures in global risk management, designed to help you navigate through eventful times.

Global | Press release

Allianz Risk Barometer 2022

Cyber perils are the biggest concern for companies globally in 2022, according to the Allianz Risk Barometer. Read the full press release.

Video

Allianz Risk Barometer 2022

Watch our video highlighting the most important global business risks for 2022 and beyond.

Watch now

Video

Confidence in tomorrow

AGCS is the Allianz center of expertise for global business insurance and large corporate and specialty risks. AGCS is here to partner with you.

Watch here

Global | Press release

9 trends to watch in aviation

We highlight some of the unique challenges airlines and airports face as they restart operations – ranging from “rusty” pilots to insect infestations.

Report

Aviation trends post Covid-19

A new report from AGCS highlights nine issues to watch as the industry prepares for takeoff.

Expert risk article

Technical Excellence

What does technical excellence truly mean? AGCS' Chief Underwriting Officers Tony Buckle and Renate Strasser share their perspectives.

Podcast

Allianz Risk Barometer

Thomas Varney joins the AGCS Podcast to discuss the findings of the Allianz Risk Barometer and the new threats to business that Covid has presented.

Listen now

Video

Alfredo Alonso on the Allianz Risk Barometer

Alfredo Alonso, Managing Director for Regional Unit London & Nordics, reveals the findings of the Allianz Risk Barometer 2021.

Watch now

Global | Press release

Covid-19 trio tops global business risks

Business interruption, Pandemic outbreak and Cyber incidents are the top three business risks for 2021 – all strongly interlinked.

Video

Allianz Risk Barometer 2021

Watch our film highlighting the global business risks for 2021 and beyond!

Watch now

Report

Allianz Risk Barometer 2021

The most important corporate perils for the year ahead and beyond, based on the insight of more than 2,700 risk management experts from over 92 countries.

Podcast

Covid-19 claims

Global Head of Claims, Philipp Cremer, identifies claims trends that have materialized as a result of the pandemic, both for short-tail as well as long-tail.

Listen now

Expert risk article

Moving medicine quickly

Drone technology can be the perfect solution to getting vital packages and supplies to remote areas quickly and efficiently.

Client magazine

New Global Risk Dialogue edition out

A lot is changing in the world of insurance. We look at new exposures that will challenge insurers and risk managers.

Allianz Risk Barometer

Top 3 business risks in Aviation, Aerospace and Defense in 2022

Cyber incidents (47%) - 2021 rank: 3 (35%)
Pandemic outbreak (45%) - 2021 rank: 1 (62%)
Business interruption (29%) - 2021 rank: 2 (41%)

find out more in our Allianz Risk Barometer 2022

Download the AGCS app

For users in North America

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.

Click here to learn more about the app

Scan the QR code or search "AGCS" on your mobile App Store

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AGCS offices

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.

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Aerospace Insurance

Meet our experts

Aerospace Insurance