Hive Aero expands into Aviation All Risks
Hive Aero is pleased to announce its expansion into underwriting Aviation Hull and Liabilities (All Risks).
Underwriting will commence in time for the fourth quarter airline renewals of 2020 and capacity will be provided by Arch Insurance (UK), part of Arch Insurance International.
Hive Aero began underwriting Aviation Hull War in 2018 and Excess Third-Party Aviation War Liabilities (AVN52) in 2019 and has successfully grown a sizeable account underwriting on behalf of a number of carriers, including Arch.
Bruce Carman, Chief Underwriting Officer commented:
“Adding the All Risks to the Aviation War classes Hive Aero already underwrite serves to further demonstrate our commitment to our aviation clients. I am delighted to be able to extend our valued partnership with Arch, with the strength of their first-class security behind our knowledge-based underwriting.”
Lino Leoni, SVP, Chief Underwriting Officer, Arch Insurance International, commented:
“Arch has supported Hive Aero since its launch and we are delighted to continue that support as it expands into the Aviation All Risks market. The high calibre of underwriting within the team and depth of specialist knowledge means that Hive Aero is ideally placed to provide much needed insurance cover to this sector of the market.”
For further information, please contact:
Hive Aero Ltd.
Email: media@hiveaero.com
Website: www.hiveaero.com
Notes to editors:
Hive Aero Limited is an Appointed Representative of Integro Limited which is authorised and regulated by the Financial Conduct Authority FCA 305496. Hive Aero Limited is a limited liability company incorporated in England & Wales (Company number: 10965030)
Hive Aero Limited is a wholly owned subsidiary of Hive Underwriting Limited, a limited liability company incorporated in England & Wales (Company number: 10965097). Hive Underwriting Limited was established in November 2017 to facilitate the creation and running of Managing General Agents (MGA’s).
Arch Insurance International is part of Arch Capital Group Ltd. and includes Arch Insurance UK and the P&C insurance operations of Arch Insurance (EU) dac, as well as Arch’s insurance operations in Europe, Bermuda and Australia.