While current flight and maintenance crew talent shortages are impacting aviation operations, the industry is still one of the most heavily regulated. Partnering with an insurer that understands the sector’s strengths and weaknesses can add tremendous value when managing risk.
Specialized underwriting and claims expertise set carriers apart, but competition for top talent is fierce. To attract and retain the best candidates for the job, insurers need to create a culture that makes their staff feel supported, fulfilled and empowered to keep growing.
“Some of these tools are incredibly promising, with proven results. So, what’s keeping some insureds from taking advantage of these programs? Insurers and insureds tell me the same: Employees don’t want Big Brother watching them.”
Without excellent risk mitigation and risk transfer, few would be able to view artifacts from one of the most dramatic maritime calamities of all time.