Global Aerospace, a leading provider of aerospace insurance, has announced the introduction of Aviation Professional Services Liability insurance for the aerospace industry. The coverage will be available to aerospace contractors, aircraft maintenance providers, auditors and engineers, among others.
The Global Aerospace Aviation Professional Services Liability policy will provide the industry with coverage for financial loss and defense costs arising from acts, errors or omissions in performing aviation professional services. Financial loss arising from these activities is a primary exposure for aviation specialists, and Global Aerospace has developed this new offering to address the risks involved.
Chris Proudlove, senior vice president, manager Northeast regional office and UAS risks at Global Aerospace commented: “Aviation Professional Services Liability insurance is one of the most important business investments aviation professionals can make. Global Aerospace is excited to lead the way by introducing this solution to our industry.”