Our strategic approach to your sector’s risk has been based on the following two complementary elements:
- Contingent insurance programme design and implementation - Our depth of expertise has allowed us to pioneer new insurance coverage catering for evolving risks. This is underpinned by a proactive insurer negotiation and management approach that fosters new relationships and maximises results.
- Professional client service - We recognise that speed of service and expertise is paramount. We pride ourselves on delivering this for all our clients, with the relationship also extending beyond the transaction. We use procedures and technology platforms that enhance your business and we have a tailored approach to the cover you require based on a true understanding of your underlying and contractual risk profile. Alongside the negotiation of your insurance programme, we are also able to provide expert assessment of your contractual obligations and lease agreements.
We take pride in the depth of relationships that we have with our clients and we constantly seek to raise the bar in our service and fulfilment of your needs.
Case study:
- Following an acquisition a leasing company re-evaluated its insurance and risk advisory requirements.
- This review confirmed it had greater needs and an increased focus on insurance
- This led to an RFP invitation to all major providers
- The leasing company had identified that strategic marketing and additional advisory services were required
- The WTW team delivered a bespoke offering based on our two complementary services
- The committee made an unanimous decision
- Such was the desire to partner with us, the leasing company immediately appointed us mid-term, rather than wait for renewal
Up until now, it’s been the responsibility of aircraft financiers and owners to check the insurance in place on their assets. Without a robust review process you might not be covered adequately and as a result could suffer both financial and reputational loss.
“Avolon became a top three lessor in a short space of time. As a rapidly growing company, we required a broker who was reliable, responsive and innovative. WTW was appointed as Avolon’s broker in 2017. The team has performed beyond expectation and delivered exceptional renewal terms and pricing for our business. More importantly, WTW has provided a professional and efficient service which continues to meet our company’s demands. We look forward to working closely with the Global Aerospace team over the coming years and strengthening our ongoing relationship with them and their market partners.
Neil Murphy | Vice President of Insurance, Avolon
