Case Study

Aviation

Case study 1

Client Sector

Client Industry: Provision of specialist equipment to Airlines including Military

Output Achieved by UK & Global

Inclusion of Professional Indemnity cover for the advice / design services provided by the client and the provision of Business Legal Expenses options in relation to the client’s contract with its customers & suppliers

The key to this was illustrating to Insurers that ‘the client is an established expert in this field, with Blue Chip customers, and has a strong understanding of its contractual responsibilities’.

Client Requirement

  • The client provides products of a highly specialised nature to the Aviation industry including for Military aircraft
  • The client’s customers are mainly Blue Chip organisations who are demanding in their requirements and their contractual terms
  • The client wished to have greater Insurance protection to provide a more solid support for them in the event of a dispute with a customer
  • The underlying situation being that the majority of the Insurance market would not provide the extra range of Insurance coverage due to the perceived high risks involved

UK & Global Solution

  • UK & Global negotiated with a specialist Insurer, via a Non Disclosure Agreement to protect the client’s Intellectual Property and customer base, which included the arranging of face-to-face meetings with the client, Insurer Partners and UK & Global attending.
  • Quotations were provided by the specialist Insurer on bespoke wordings to provide the cover which the client was seeking

Outcome & Benefit to the Client

  • Provision of Insurance covers which were entirely bespoke to the client’s requirements, improving the client’s overall Insurance programme protection and further enhancing the relationships with their customers

Case study 2

Client Sector

Client Industry: Start up Airline

Output Achieved by UK & Global

  • Provision of Insurance and Risk Management advice to the management team of the Airline throughout their planning process in relation to the Insurance coverages required and the recommended limits of indemnity for the company and the directors
  • Creation of options for the initial Insurance programme for the Airline including the placement of Business Legal Expenses insurance to provide protection for the client’s relationships with Airline regulators, Airports and the providers of Airline support services

Client Requirement

  • The client was setting up an Airline company to compete as a niche provider for the contract for a new route which was opening up
  • The client required advice on its core Insurance programme and support with the development of its Risk Management programme including the review of Contracts, Business Continuity Planning and Health & Safety.
  • Requirement to provide the Regulatory Authorities with the ability to provide Insurance coverage to the required limits

UK & Global Solution

  • UK & Global negotiated with a specialist Aviation Insurer, including via a Non Disclosure Agreement when appropriate
  • Quotations were provided by the specialist Insurer on bespoke wordings to provide the cover which the client was seeking

Outcome & Benefit to the Client

  • Provision of Insurance coverage options which enabled the client to undertake its negotiations with a number of stakeholders with credibility and confidence