The recent engine failure incident on 20th February brings into sharp focus again the sometimes misconstrued and very relevant topic of Grounding Liability.
The market has sustained an unprecedented level of grounding claims, both in terms of frequency and severity in recent years, and the reality is that the exposures have not gone away for aerospace manufacturers.
Our latest edition of Piiq Perspective focuses on Grounding Liability and how the market will adapt to meet client demands in the future.
For all media enquiries, please contact Peter Rigby, Caroline Klein or Hannah Stewart at Haggie Partners on +44 (0)20 7562 4444.
About Piiq Risk Partners
Piiq is owned by The Ardonagh Group, the largest independent insurance broker in the UK.
Ardonagh Specialty is the holding company and growth platform for leading independent brokers Besso Insurance, Bishopsgate, Compass London Markets, Ed Broking, Inver Re, Piiq Risk Partners and Price Forbes. Combined, we have 1700 colleagues globally and manage $5 billion in gross written premium.
With a strong presence and deep relationships worldwide, and a steadfast commitment to investing in the best people, markets and technology, together our businesses offer open market programmes, reinsurance and international solutions designed to empower clients to achieve their strategic ambition.
The Ardonagh Group
The Ardonagh Group is the UK’s largest independent insurance distribution platform and a top 20 broker globally. We are collection of best-in-class entrepreneurial and specialist brands with a network of more than 100 locations and a combined workforce of more than 8,000 people. Across our portfolio, we offer a highly diversified range of insurance-related products and services across the full insurance value chain in the UK, Ireland and broader international markets. From complex multinational corporations to individuals purchasing personal insurance policies, our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver a broad range of product and risk solutions that meet customer needs. For more information, visit our website: www.ardonagh.com.