“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”
Travelers Aviation offers new coverage
Travelers Aviation is introducing nonowned aircraft liability coverage, which provides hull and liability protection for companies that rent or charter fixed- or rotor-wing aircraft. Also new are quota share endorsements, which allow Travelers to share risk with other insurers. (Such endorsements are typically used to cover large commercial or charter operators, aircraft management companies and general aviation airports.) Finally, Travelers now offers consulting services to its clients at no extra charge to help mitigate risk exposures, control loss costs and improve safety programs.