“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”
Travelers Aviation offers new coverage
Travelers Aviation is introducing nonowned aircraft liability coverage, which provides hull and liability protection for companies that rent or charter fixed- or rotor-wing aircraft. Also new are quota share endorsements, which allow Travelers to share risk with other insurers. (Such endorsements are typically used to cover large commercial or charter operators, aircraft management companies and general aviation airports.) Finally, Travelers now offers consulting services to its clients at no extra charge to help mitigate risk exposures, control loss costs and improve safety programs.