Skyward Specialty Insurance coverage Group (Skyward Specialty) has teamed up with Acceleration Aviation Underwriters to launch a complete aviation insurance coverage programme.
This collaboration goals to supply protection choices to industrial and common aviation plane, fastened base operators, flight faculties, and each private and non-private airports, amongst different aviation-related enterprises.
The underwriting course of is performed by Acceleration Aviation’s workforce of specialists, who utilise a nationwide community of impartial brokers to supply protection.
Identified for its industrial property and casualty merchandise, Skyward Specialty operates throughout eight underwriting divisions that embody trade options, skilled traces, programmes, and surety.
The corporate affords options on each a non-admitted and admitted foundation.
Skyward Specialty president of captives, programmes and different threat Kirby Hill stated: “Becoming a member of forces with Acceleration Aviation allows us to supply complete, dependable options to an trade the place adequately addressing capability and protection has been a problem.
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“Our entry into this market demonstrates our dedication to figuring out and capitalising on development alternatives that align with our technique to succeed in underserved markets.”
Acceleration Underwriters president Chris Jones stated: “Our workforce at Acceleration Aviation is happy to deliver our experience in aviation insurance coverage to our partnership with Skyward Specialty. We sit up for rising a worthwhile guide of aviation insurance coverage enterprise to contribute to Skyward Specialty’s already spectacular success within the P&C market.”
Earlier this month, Skyward Specialty broadened its portfolio by foraying into the mortgage (re)insurance coverage market.
To help this growth, Jean-Philippe Latour was appointed as senior vice chairman in Could 2024.
In September 2023, the corporate additionally launched a brand new resolution focusing on the distinctive wants of E&S particular person suppliers, together with physicians.
This transfer fashioned a part of Skyward Specialty’s plan to increase its healthcare urge for food and particular person supplier protection throughout the E&S sector.
