Our strategic approach to your sector’s risk is based on the following complementary elements:
- Leasing insurance programme design and implementation - Our depth of expertise has allowed us to pioneer bespoke insurance coverage catering to evolving risks. This is underpinned by a proactive insurer negotiation and management approach, fostering new relationships and maximizing results.
- Pre-agreed solutions - Our unrivalled team of industry experts brings extensive expertise across client service, claims, policy wordings, contractual support, and insurance programme design, strategy, and implementation. By understanding your business, we offer unique pre-agreed solutions, such as our Global Aviation Financiers Club, to quickly address the evolving insurance needs of financiers and lessors as and when they arise.
- Professional client service - Speed and expertise are paramount. We pride ourselves on delivering this for all our clients, extending relationships beyond transactions. We use procedures and technology platforms that enhance your business and offer tailored coverage based on a true understanding of your underlying and contractual risk profile. Alongside negotiating your insurance programme, we provide expert assessments of your contractual obligations and lease agreements.
We take pride in the depth of relationships with our clients and constantly seek to raise the bar in our service and fulfilment of your needs.
How WTW delivers value: A case study of a aircraft leasing company
- Following an acquisition a leasing company re-evaluated its insurance and risk advisory requirements.
- This review confirmed it had greater needs and an increased focus on insurance
- This led to an RFP invitation to all major providers
- The leasing company had identified that strategic marketing and additional advisory services were required
- The WTW team delivered a bespoke offering based on our two complementary services
- The committee made an unanimous decision
- Such was the desire to partner with us, the leasing company immediately appointed us mid-term, rather than wait for renewal
Up until now, it’s been the responsibility of aircraft financiers and owners to check the insurance in place on their assets. Without a robust review process you might not be covered adequately and as a result could suffer both financial and reputational loss.