Finance, Taxes, Insurance
Expert Offers Way To Reduce Bizjet Insurance Premiums
Aero Data Science’s Michael McConnell explains how he’s successfully used aggregated FOQA data to prove safety and lower premiums.
Aero Data Science founder Michael McConnell thinks providing insurers with flight operations quality assurance data can lower the cost of premiums for business jet operators. (Photo: Amy Laboda)
Aero Data Science founder Michael McConnell thinks providing insurers with flight operations quality assurance data can lower the cost of premiums for business jet operators. (Photo: Amy Laboda)

It’s a new year, a new decade in aviation, and insurance companies have consolidated, again. The result, according to Aero Data Science founder Michael McConnell, is that owner-operated business aircraft are about to get hit with double-digit insurance premium increases.