Aviation industry data provider Conklin & de Decker is celebrating its 30th year in business, and in honor of that milestone is offering special discounts on its products here at Heli-Expo. During the three days of the show, attendees visiting the company’s booth (No. 3002) can see live demonstrations of the company’s family of helicopter operating cost programs and life cycle budgeting tools.
Last year marked another year of relatively soft rates in the general aviation insurance market, according to aviation insurance broker NationAir’s annual market analysis, released yesterday. “While the market conditions have remained the same for several years, the reasons for that soft market are changing,” noted company president Jeff Bauer.
Initially, increased market competition pushed rates down, he said. “Now, however, rates are being held down by the more long-term forces of structural overcapacity and, thankfully, favorable loss history.”
MedAire, an International SOS company, has formed a strategic partnership with São Paulo-based AeroSafety, which is looking to “solidify [our] position as the premier aviation supplier of medical kits, emergency equipment and travel risk management services for commercial airlines and private aviation in Brazil.” Together the companies (Stand 3013) offer a “comprehensive medical and travel risk management solution.”
Rod Machado, a prolific aviation author and educator, is a voice of reason when it comes to how we can improve aviation safety, and his recent comments in response to an FAA notice on new training standards put a fresh spin on an old problem.
There has hardly been a better time to be a buyer of aviation insurance, as all signs point to a buyer’s market. Several factors are driving lower rates in this insurance segment, including fewer airline accidents, lower overall insurance claims, the economy, more underwriters entering the market, increased adoption of safety management systems and more sophisticated aircraft. AIN talked to David McKay, president and CEO of insurer USAIG, to get a better sense of this market. USAIG and McKay are here at the Paris Air Show supporting long-time customer Bombardier.
MedAire (Booth 739), an International SOS company, announced the launch of HealthMap 2013 during EBACE here this week. HealthMap, a four-year-old project, is a tool that can help companies with traveling employees understand the medical risks in the markets where they operate. Understanding risk is key to managing health threats to employees, passengers and crew, according to MedAire.
International travelers know that medical risks and health care vary from country to country. How can you know what levels of risk and care will be available to you, if you never have been somewhere before?
Sydney, Australia-based Aerosafe, which specializes in aviation risk-management, is introducing three new accredited training courses at Heli-Expo’13. The courses focus on safety-management systems, risk management and regulatory oversight and, according to the company, provide training that is not currently available anywhere else.
Most of us have a love/hate relationship with insurance; we hate paying the premiums but if something goes wrong, we love having someone else who was willing to take the risk resolve many of the headaches. Across the U.S. aviation industry, there are so many insurance companies willing to shoulder the risks that the premiums remain at low levels even for the riskier helicopter segment.
ExecuJet Africa has partnered with international risk management company MS Risk to offer emergency response plans for clients with staff based at remote locations in Africa. Under the new Urgent Response Plan (URP) service, ExecuJet and MS Risk will work with clients’ human resources and safety managers to develop evacuation plans for those companies that do not currently have one in place or integrate services into an existing program. The URP will also include intelligence reporting, remote site visits, ground and air service options and logistics coordination.