The insurance industry has stacked the deck against you. Reinsurers (insurance for insurance companies) that specialize in aviation have convinced
most general insurers that aviation is too specialized and high-risk and therefore exclude aviation from their reinsurance coverage. As a result less
than 1% of U.S. insurers will even consider writing an aviation risk.
What does that mean for your repair station? The lack of competition hampers your ability to negotiate competitive rates.
The Aeronautical Repair Station Association (ARSA), an association devoted to the interests of aviation repair stations, recently conducted an insurance survey of its members. Sixty-nine percent of respondents said that the availability and affordability of liability insurance was a major problem.
As a result, a core group of ARSA members agreed to contribute their time and money to see if an insurance alternative might prove to be a better alternative to the current costly options.
After several years of hard work, the Aviation Alliance Insurance Risk Retention Group, Inc. (AAIRRG) is now in formation.
Please read through our website and see for yourself why AAIRRG might be the right solution for your repair station. If you have any questions or wish to become a member, please contact us.
What does that mean for your repair station? The lack of competition hampers your ability to negotiate competitive rates.
The Aeronautical Repair Station Association (ARSA), an association devoted to the interests of aviation repair stations, recently conducted an insurance survey of its members. Sixty-nine percent of respondents said that the availability and affordability of liability insurance was a major problem.
As a result, a core group of ARSA members agreed to contribute their time and money to see if an insurance alternative might prove to be a better alternative to the current costly options.
After several years of hard work, the Aviation Alliance Insurance Risk Retention Group, Inc. (AAIRRG) is now in formation.
Please read through our website and see for yourself why AAIRRG might be the right solution for your repair station. If you have any questions or wish to become a member, please contact us.

