Helvetia said it is concentrating on worldwide major accounts with a focus on airlines and aerospace. It will offer passenger liability, third-party liability and comprehensive cover with a maximum limit of US$125 million.
The aviation team will be led by industry veteran Marc Weber, who has more than two decades in managerial positions at Converium, Glacier Group, Torus and StarStone, with considerable experience in aviation insurance. Weber will be assisted by Gregor Banzer and Stefan Koller.
The technology-driven aviation industry is a growth sector, said St. Gallen, Swizterland-based Helvetia in a statement. At the same time, it is expected that new materials, technologies and an increasing focus on sustainability will change the aviation industry…
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