Aviation Insurance Companies: List of Top Ranking Aviation Insurance Firms

Aviation insurance companies provide insurance coverage for various aspects of aviation-related risks and liabilities.

This article delves into the risks covered by insurance companies and the best ranking in the USA.

Aviation Insurance Companies

Emergence of Aviation Insurance

As aviation technology advanced and commercial aviation started to grow, the need for specialized insurance coverage for aviation-related risks became evident.

The first recorded aviation insurance policy was issued in 1911 by Lloyd’s of London for a pilot and his passengers. 

The early policies were often expensive and offered limited coverage due to the perceived high risks associated with flying.

Aviation Insurance Companies

Aviation insurance companies provide insurance coverage for various aspects of aviation-related risks and liabilities.

These risks can include aircraft damage, liability for bodily injury or property damage to third parties, aircraft hull and liability coverage, aviation products liability, airport liability, and more.

These companies play a crucial role in the aviation industry by helping aircraft owners, operators. Other stakeholders also manage financial risks associated with their operations.

Top Ranking Companies

Aviation Insurance Companies

These companies offer a range of insurance products tailored to the aviation industry. They serve airlines, aircraft operators, manufacturers, aviation service providers, airports, and private aircraft owners.

It’s always a good idea to compare policies, coverage options, and pricing from different companies to find the best fit for your specific aviation needs.

This article will use the latest rankings and updates to get the most recent information on the top aviation insurance companies in the USA.

Top Ten Aviation Insurance Firms

Here’s a list of the top ten aviation insurance companies in the USA (as of my last update in September 2021).

Please note that rankings and company standings can change over time, so it’s good to check for the latest information:

  1. Global Aerospace Inc.
  2. AIG Aerospace Insurance Services, Inc.
  3. Allianz Global Corporate & Specialty (AGCS)
  4. USAIG (United States Aircraft Insurance Group)
  5. Starr Aviation (Starr Indemnity & Liability Company)
  6. Old Republic Aerospace, Inc.
  7. QBE Aviation (QBE Insurance Group)
  8. AXIS Capital
  9. Hallmark Aerospace Insurance Managers, Inc.
  10. Sompo International (previously known as Endurance Specialty Holdings)