WTW launches risk management solution for its business aviation clients
Risk management, insurance brokerage and advisory firm Willis Tower Watson (WTW) has launched an aid group dedicated to delivering data, knowledge and solutions to its business aviation clients
The community, named A Class, focuses on data analytics and risk strategy and aims to equip business aviation operators with data and expertise to help them analyse and mitigate risks.
Commenting on the new group, John Rooley, CEO Global Aerospace at WTW, said: “As business aviation clients come to terms with the unprecedented risks associated with the Coronavirus pandemic, WTW Global Aerospace is dedicated to supporting them beyond the scope of the traditional insurance transaction. By combining data analytics with a greater understanding of the industry risk landscape and insurance market trends, A Class is a key solution to enable business aviation clients to mitigate risks and maintain their operations in today’s market. Today’s announcement continues to demonstrate our leadership in the aviation sector.”
In addition to being an accessible data platform, providing analytical insight that enables clients to analyse data and strengthen their risk management capabilities, A Class also offers innovative solutions to key issues such as climate and sustainability, cyber vulnerability, employee culture and geopolitical risks, supporting risk needs across people, capital and assets, as well as industry insights and market bulletins which evaluate risk and sector landscape.
A Class helps business aviation operators understand and anticipate current and future risk trends,” said Reece Vowles, Aviation Underwriter at Global Aerospace Underwriting Managers. “It's great to see the launch of A Class at a time when risks facing Business Aviation Operators are very challenging.”