Global Aerospace

Global Aerospace is an aviation insurance underwriter formed by the merger of two pools: British Aviation Insurance Group, founded in 1924, and Associated Aviation Underwriters, founded in 1929 in the U.S. by Chubb & Son and The Continental Corporation. Group headquarters is at 10 St. Mary Axe in London, under group chief executive Rachel Barrie, and the U.S. home office of Global Aerospace, Inc. is in Morris Plains, New Jersey, led by president Jeffrey Bruno. It reports more than 300 staff. It underwrites for a pool whose current members are Munich Re (49.96%), National Indemnity (18.39%), Tokio Marine & Nichido Fire (12.37%), MAPFRE RE (10.00%) and Mitsui Sumitomo (9.28%).

Its fixed base operator page says underwriters learn each FBO's operation before building a program, and lists premises liability, products and completed operations, hangarkeepers liability, contractual liability, medical malpractice liability and automobile liability as available policy types. A separate airports and ground handlers line covers airfield operators. Global Aerospace also runs association programs, including one for NATA, and its SM4 Safety program offers safety resources to policyholders. Other lines include corporate and general aviation hull and liability, aviation professional services liability, and drones.

Global Aerospace sells through insurance brokers and directs FBOs to their local Global Aerospace representative; its site lists U.S. underwriting and claims staff by office. It does not publish rates. It says general aviation clients get the same crisis response and family assistance services it provides to airlines. Its resources section posts brochures, forms and applications, and white papers. Its NATA connection shows up elsewhere in this category: NATA's workers' compensation program, administered by Gallagher, is underwritten by Global Aerospace.