ITIC is the world’s leading provider of professional indemnity insurance to transport professionals, everywhere. ITIC’s errors and omissions insurance is available to aviation and aerospace industry professionals in every specialist field. With over 3,600 members in over 110 countries and with a worldwide network of correspondents, ITIC is the acknowledged leader in its field.
ITIC understands and offers detailed insight into the risk environment in which aviation and aerospace professionals operate. This comes from years of first-hand experience; often helping assureds to identify problems before they become issues.
For example:
- ITIC has a unique understanding of the relationships between brokers and their chartering and aircraft selling or buying clients.
- The team also understands how aircraft managers juggle complex operational requirements and demanding clients.
- They will defend aerospace designers and certifiers when they are implicated in claims against manufacturers.
- ITIC also recognises the exceptionally wide range of claims that can beset aviation regulators and registries.
- The specialist nature of the services provided by experienced aviation surveyors and CAMOs does not protect them from being called into question. Entering into balanced contract terms to protect your own position is essential, and ITIC is able to review your contract terms and conditions to highlight any potential pitfalls.
Most of all, unlike many of the insurance policies that are common within the aviation market, ITIC’s cover is non-occurrence based, meaning that it does not require there to be an incidence of bodily injury or property damage in order to trigger cover.
Cover is fully worldwide, and with a growing portfolio of over 270 aviation and aerospace assureds, you should allow ITIC to concentrate on your insurance so that you can concentrate on your business.
