Catlin leads Asia aviation consortium
A new aviation consortium has been established in Lloyd’s Asia to write general aviation insurance and reinsurance risks based in the Asia-Pacific and Middle East Regions.
The Consortium offers a comprehensive solution for general aviation risks by providing 100 percent capacity for aircraft with up to 50 seats.
Catlin Singapore will lead the Consortium, along with three other insurers: Amlin Singapore, Talbot Singapore and ArgoGlobal Underwriting Asia Pacific.
The Consortium will provide a fast and efficient service through dedicated and experienced underwriting and claims teams, alleviating the need to deal with multiple insurer/reinsurers, said Catlin.
Bobby Heerasing, chief underwriting officer of Catlin’s Asia-Pacific underwriting hub, said: "With the General Aviation Consortium, brokers and cedants can enjoy an enhanced and highly competitive product offering through a convenient single point of contact, combined with the benefit of Lloyd's 'A' rated security."
