Whether commercial or private, executive jet or utility helicopter, the ownership and operation of an aircraft carries with it a unique range of risks. In an ever changing market, our team of aviation insurance specialists not only generates ideas and finds solutions, but also focuses on turning those market changes to your competitive advantage.

PRODUCTS AND SERVICES

Aviation

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Independent expertise, from a broker you can count on

Whether commercial or private, executive jet or utility helicopter, the ownership and operation of aircraft carries with it a unique set of risks.

Lockton’s dedicated team of in-house specialists are committed to sourcing effective, tailored aviation insurance and risk solutions, helping you turn even the most challenging market conditions to your advantage.

As pioneers in a cutting-edge industry, aviation firms require dynamic and agile policies that can change as quickly as the industry adapts. Backed by years of experience in aviation insurance, Lockton keeps pace at every stage, applying innovative solutions to tackle evolving threats.

We work closely with clients to identify even the most unconventional exposures, applying a data-led, consultative approach to source the most effective solution. From strategic planning to the resolution of a claim, we make it our priority to protect your assets at every stage, with coverage you can rely on.

Our services

What we bring to your business

  • A dedicated, experienced Account Manager that will remain your point of contact throughout, advocating for your needs in the insurance marketplace

  • Detailed modelling and financial analytics to show you the effect of an insurance programme on your business

  • Risk financing guidance to help you secure the most suitable and affordable programme

  • Access to a broad range of insurers markets all over the world, enabling you to benefit from the most competitive solutions available

What we cover

  • Aircraft hull, all risks including war risks and deductible insurance

  • Aviation liabilities, including passengers

  • Crew loss of licence

  • Hull and liability war risk coverage extensions

  • Overhaul and repair facilities

  • Personal accident

  • Premises/public liability

  • Product liability for manufacturers and components

  • Reinsurance

Aviation Insurance Team

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Tim Liddiard

Senior Vice President
tim.liddiard@lockton.com

Bespoke solutions, designed to your specifications

Whether you're a global airline, or family-owned refueller, we'll bring the same level of passion when securing your cover, helping you protect your organisation and meet your aspirations

Aviation brochure
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News and Insights

In this latest update, Lockton’s Retail Insurance experts analyse how the insurance industry can help alleviate some of these issues, including potential opportunities to reduce General Liability costs, exciting opportunities for Cyber insurance buyers, and more.Retail Insurance Market Update - Q2 2023

Five years of GDPR: UK insurance considerations

The Information Commissioner’s Office (ICO) made it clear upon introduction of the UK GDPR, referred to as the Data Protection Act 2018 (DPA 2018), that the regulation was not a tool to punish, but rather its goal was “guiding, advising and educating organisations…preferring the carrot to the stick.” However, with significant maximum fines of 4% of annual turnover or GBP 17.5million, many businesses have sought to transfer this risk to insurance products.  The Information Commissioner’s Office (ICO) made it clear upon introduction of the UK GDPR, referred to as the Data Protection Act 2018 (DPA 2018), that the regulation was not a tool to punish, but rather its goal was “guiding, advising and educating organisations…preferring the carrot to the stick.” However, with significant maximum fines of 4% of annual turnover or GBP 17.5million, many businesses have sought to transfer this risk to insurance products.

People errors – how to alleviate insurers’ concerns

The ongoing talent shortage within the accountancy sector is increasing the workload for employees. In an industry where hybrid and remote working practices have become the norm, firms are facing new challenges arising from inadequate training, development and supervision. Professional indemnity insurers will be looking closely at how firms respond.The ongoing talent shortage within the accountancy sector is increasing the workload for employees. In an industry where hybrid and remote working practices have become the norm, firms are facing new challenges arising from inadequate training, development and supervision. Professional indemnity insurers will be looking closely at how firms respond.

Cryptocurrency insurance – best practices for custodians

The advantages of cryptocurrencies continue to draw interest from investors and businesses, creating demand for crypto-related services. As the market evolves, underwriters are becoming increasingly sensitive to the risks involved in the custody and management of cryptocurrency and other digital assets. Firms seeking to insure themselves against such risks must ensure they have robust mitigation measures in place to alleviate concerns.The advantages of cryptocurrencies continue to draw interest from investors and businesses, creating demand for crypto-related services. As the market evolves, underwriters are becoming increasingly sensitive to the risks involved in the custody and management of cryptocurrency and other digital assets. Firms seeking to insure themselves against such risks must ensure they have robust mitigation measures in place to alleviate concerns.
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