Podcast: How Smaller Flight Operations Can Mitigate Rising Insurance Premiums

Sept. 23, 2024

Aviation insurance costs continue to increase, with a recent industry report stating gross premiums this year are expected to surpass $8 billion – a 20-year high. What can smaller business aviation operators do to keep these costs as manageable as possible? “Be the best [and safest] operator you can be,” says Joe Williams, senior vice president and managing director, aviation insurance at Marsh McLennan Agency. “Your broker’s job is to tell that story of your operation; to get you the best deal available.”

In this episode of NBAA’s “Flight Plan,” host Rob Finfrock speaks with:

• Eric Canup, managing director of flight operations at Live Oak Bank
• Jay Underwood, assistant vice president at Starr Insurance Companies
• Joe Williams, senior vice president and managing director, aviation insurance at Marsh McLennan Agency

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