How To Navigate London's Aviation Insurance Claims Process

Law360, New York (March 3, 2014, 5:20 PM EST) -- Maintaining appropriate insurance is critical for the entire aviation industry. Many U.S.-based airlines, aircraft owners/financiers and aircraft lease servicers devote significant resources at the front end, setting up their insurance programs, maintaining schedules of insured assets and making annual trips to London for meetings with the major players in the Lloyd’s aviation market. But it is equally important that companies plan for the possibility of major claims under their policies. Companies do not always anticipate some of the unique challenges that U.S.-based insureds face when making...
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