Insurance underwriter Worldlink Specialty and Oneglobal Broking have introduced a liability insurance solution developed for third-party contractors and consultants in the U.S. aviation and aerospace sectors. On Monday, the companies announced the new AeroPro product that fills a gap in liability coverage for clients performing tasks that could include aircraft development work or valuations.
AeroPro, which is backed by the Lloyd’s of London insurance markets, offers professional liability cover for factors such as technical errors and omissions, incorrect advice, and privacy breaches. According to Worldlink Specialty’s president and chief underwriting officer John Songin, the cover could be suitable for contractors including charter flight brokers, aircraft sales brokers, and auditors, as well as for companies working under contract to Tier 1 or 2 aerospace manufacturers.
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