Aviation Insurance
So You Can FLY™
Aviation risks are unique. Whether aviation is a part of your business, or it is your business, your insurance and risk management needs require specialized aviation expertise. Hays Aviation can help.
Our dedicated aviation risk management professionals have decades of experience and can assist you in identifying, assessing and managing your aviation risks. Together we’ll develop a customized plan to protect your aircraft and other financial assets So You Can Fly.™
Expect More from Your Aviation Insurance Broker – Expect a VECTOR™
vec·tor (věk'tər) n.
1. a force or influence.
2.a change in course or direction
Value Creation through asset protection, reduced costs and improved efficiency
Expertise in the unique aspects of aviation risk management
Collaboration with you and on your behalf
Trust – we say what we mean and we keep our word
Organization – strategies and service plans that eliminate surprises
Results that make a meaningful difference in the success of your business
Hays Aviation’s Services Include:
Program Design and Coverage Analysis
Having the right program design is critical for the long-term success of any aviation risk management program. The wrong program at any price is not a good deal. We will engage the full breadth of our technical skills, knowledge of the market and creativity in order to arrive at recommendations for the most appropriate risk management design for you.
Marketing and Market Security Analysis
The only way to maximize your results in any market condition is to know the market. We will bring all of our resources to bear to achieve the best result for you.
Risk Analysis
We take the time to understand the challenges, priorities, and aspirations of our customers. Really knowing your business is a prerequisite to analyzing your risk profile and recommending solutions. We will analyze your risk exposures and design a high quality, professional underwriting submission. We have direct underwriting experience, and can anticipate many underwriter inquiries and issues in advance.
Policy Issuance, Review and Maintenance
Our goal is zero defects. To ensure that your insurance program will live up to our collective expectations, it is critical that all documents reflect the intended agreement. We have the technical expertise and we will devote the time to make sure the job is done right.
Audit Review and Verification
The most advantageous program structure for you may include audit features. We have the resources to ensure that your audits are conducted with accuracy and in a timely manner. We understand your need to be informed about the ultimate cost of risk transfer, which can be impacted in a significant way by audits. We also have the capabilities to model various outcomes with assumed exposure and loss assumptions.
Claims Management and Advocacy
From simple first party physical damage claims to complicated and catastrophic aviation losses, management of the claims settlement process can be a rigorous effort for any company. Working with various adjusters, investigators, appraisers and attorneys can become a burden on your resources. In the event of a claim, you will experience one of the most tangible benefits of partnering with Hays Aviation, as our resources are put to work for you.
Our staff has substantial expertise in claims and accident response. Our clients have access to those resources throughout our aviation network. Additionally, we can engage external resources from a third party service provider if additional support is needed. We have activated a network of trusted partners on behalf of our customers, or we can work with you to identify an alternative resource.
Review of Operating Contracts
Maximizing contractual risk transfer opportunities requires a solid knowledge of contracting terms and provisions, industry best practices, insurance coverage features and carrier appetite for assumed liability. We are well-versed in all aspects of aviation contracts, and we offer our services on a value-added basis. After gaining a thorough understanding of your preferences and style, negotiating posture and local best practices, we will tailor our input to suit your needs.
Benchmarking
One of the benefits of developing a specialized customer network is the ability to benchmark. Additionally, we utilize numerous industry resources in order to maintain a comprehensive view of market activity. We seek to position you to achieve results that set the standard. Armed with the specific knowledge of the market conditions for specific types of risks, we are best able to obtain industry-leading results for you.
All proprietary customer information is consolidated and sanitized to ensure client confidentiality.
Day-to-Day Administration
There are no unimportant aspects of a risk management and insurance program. We pay attention to the details so that you can focus on your core operational commitments and priorities.
