July 1 is the 75th anniversary of United States Aviation Insurance Group, better known as USAIG. That day, the New York-based company celebrates not only three-quarters of a century as America’s oldest insurer of general aviation airplanes, but also as an aircraft operator, using general aviation in the conduct of its business.
USAIG purchased its first aircraft–a Bellanca–in 1939. Today, it flies a Learjet 60 and owns a fleet of seven Cessna Skylanes and a Cessna 210 based throughout the country, allowing USAIG claims adjusters and underwriters to get to clients in a timely manner.
USAIG believes that being an aircraft operator “provides a working familiarity with the industry we underwrite in a way not achievable any other way,” USAIG officials said. “By operating our fleet, we understand the concerns of our clients. We also enjoy the same benefits general aviation provides to all its users, namely unparalleled access to thousands of places not easily reached by any other mode of transportation. Many of our clients are in such places, and many accidents occur there as well.”
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