Finance, Taxes, Insurance
Aviation Insurance
In an economy that has ravaged aviation, one stable segment is the insurance industry, but change is coming.

In an economy that has ravaged aviation, one stable segment is the insurance industry, but change is coming. “Nobody knows what [the future is] going to look like,” an industry expert told AIN.

This year’s Aviation Insurance Association (AIA) annual conference, held in San Francisco from April 25 to 28, was the organization’s third largest, hosting more than 500 attendees, according to outgoing AIA president Paul Leonard. The association’s membership continues to grow, an indication that even when flight activity drops, there remains an ongoing need for insurance coverage for aircraft owners and operators, service providers such as maintenance companies and FBOs, and manufacturers, not only for new products but also for those for which they still carry liability.

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