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 BGC Partners Inc. (NASDAQ: BGCP), a leading global brokerage and financial technology company.
Discussion of Forward-Looking Statements about BGC
Statements in this document regarding BGC that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.