UIB AVIATION AIRLINE RISK PROFILE. Dependable Corporate Insurance in any language

Transcription

1 A guide to providing the necessary information, to present to aviation insurers Dependable Corporate Insurance in any language Algeria - Brazil - Colombia - Dubai - Germany - India - Japan - Korea - Malaysia - Mexico - Saudi Arabia - Singapore - AIRLINE Sweden RISK - Switzerland PROFILE - Turkey UIB AVIATION - UK - Ukraine

2 INTRODUCTION This guide outlines the range of information usually required by international aviation insurance Underwriters, to enable them to accurately and fairly assess an airline s risk profile and to provide competitive insurance rates. It is UIB s role, as your specialist London aviation broker, to present this information to international Underwriters. Scope and scale This guide identifies a wide scope of information needed. The airline industry continues to change, so it is likely that other information may be available that can enhance an airline s risk profile. UIB requests that any additional information that may further assist in insurance market negotiations is forwarded to UIB for inclusion in Underwriting submissions. Using this guide For convenience, we have grouped information into several main common sections. Each section is clearly numbered and we would request that all information provided is clearly referenced in the same manner. 1 Corporate Overview 2 Aircraft Fleet details 3 Flight and Cabin crew training 4 Maintenance services 5 Flight Safety Management / Quality Assurance 6 Passenger services 7 Loss information NEW START-UP AIRLINES It is likely that, for a new start up airline, international aviation insurance organisations will request further background information on senior management experience, flight training and maintenance operations and copies of business and financing plans, to enable them to form a clearer understanding of your business and operational risks. Where applicable, please provide additional information to assist Insurers. UIB AVIATION

3 1 Corporate Overview 1.1 Corporate profile 1.2 Ownership structure 1.3 Profile of senior executives 1.4 Corporate strategic plan (if available) 1.5 Most recent Annual Report and Accounts (if available) 2 Aircraft fleet details 2.1 Schedule of Aircraft Please provide a breakdown of the current fleet, as follows. For each aircraft please also list details of flight safety technology applications (TCAS II, EGPWS etc) Aircraft Make Registration Year of Maximum Insured Safety & Model Manufacture Seating Value Technology 2.2 Fleet Development Plans Please provide details of anticipated fleet additions in the next 12 months, 3 years and 5 years (if available) Aircraft make and model Anticipated value Estimated Date of attachment 2.3 Fleet Disposal Plans Please provide details of anticipated fleet disposals over the next 12 months, 3 and 5 years (if applicable) Aircraft make and model Insured value Estimated Date of disposal 2.4 Projected Fleet values At inception At expiration 2.5 Projected Fleet age At inception At expiration UIB AVIATION

4 3 Flight and Cabin Crew training 3.1 Minimum Pilot experience Please provide information on the minimum pilot experience for Captain and First Officers, as follows: Min flying Average flying Min experience Average experience experience experience on type on type Captain First Officers 3.2 Please provide details of Pilot training programmes 3.3 Do you train pilots from ab initio? 3.4 Recurrent training Please advise frequency of simulator training programmes and line-checks 3.5 Do you incorporate Line Orientated Flight Training (LOFT) or similar programmes? 3.6 Do all flight and cabin crew receive Crew Resource Management (CRM)? Please outline core elements of CRM training programme Please indicated frequency of CRM recurrency training 3.7 Please provide details of other safety training programmes used (ALARS, RAAS etc) 3.8 Please explain your Pilot in Command / Commander training programmes UIB AVIATION

5 4 Operations 4.1 Please provide details of your current route network Destinations Frequency 4.2 Please provide details of new services planned in the forthcoming 12 months Destinations Frequency Anticipated start date 4.3 Passenger information Please provide details of numbers of passengers: Domestic International Charter Past 12 months Next 12 months 3 / 5 year projected 4.4 Departure information Please provide details of numbers of departures: Domestic International Charter Past 12 months Next 12 months 3 / 5 year projected 4.5 Passenger Profile Please provide details of passengers carried, as follows: Estimated nationality mix US Japanese Europe etc 4.6 Load Factors Please provided details of Current Projected load factors 4.7 Code share and Interline Agreements Please advise available number of seats exposed for the policy period in respects of such agreements 4.8 Cargo Operations Please advise list of cargo only aircraft, with details Number of cargo departures Last 12 months Next 12 months Please advise types of cargo carried including perishables and highest potential values Please advise details of total cargo revenues Last 12 months Next 12 months UIB AVIATION

6 5 Maintenance Operations 5.1 Please provide brief description of maintenance repair and overhaul facilities 5.2 What certifications do you have for maintenance services? 5.3 Please provide breakdown of maintenance services, as follows Aircraft type Maintenance provider Level 5.4 Please provide details of Engine maintenance programmes and third party service providers 5.5 What quality control measures do you have in place to monitor the work performed by third parties? 5.6 What was your technical dispatch rate over the last 12 months? List the main reasons for the achievement of this level 5.7 Do you undertake maintenance for third party operations? If so, please advise: Customer Nature of Service Approximate annual turnover UIB AVIATION

7 6 Safety and Quality Assurance 6.1 Please provide overview of Flight Safety function, including reporting lines 6.2 Has the airline been audited by IOSA in the past 3 years? If yes, please provide date of last audit 6.3 Has the airline been audited by an independent third party organisation in the past 3 years. If yes, please provide the name of the auditor and date of last audit 6.4 Please provide summary of key findings and any remedial action plans 6.5 What international QA standards to you operate to 6.6 Please describe your Flight Operational Quality Assurance programme 6.7 What percentage of flights are captured and analysed by Flight Operational Quality Assurance programmes: 6.8 Please describe what incident reporting systems you use 6.9 How are the results fed back to all flight crews? 6.10 According to analysis of your flight data, what is regarded as the most safety critical aspect of your operations? UIB AVIATION

8 7. Operational Loss record 7.1 Please provide details of all losses in the past 5 years 7.2 Date of Loss Aircraft Brief Description Hull Liability Fatalities of incident Outstanding 7.3 Please advise details of any further incidents that may give rise to an insurance claim in the future 8. Marketing materials and corporate images Please provide any corporate branding and aircraft pictures that you may have, in electronic format, so that we can prepared a full renewal presentation upon receipt of the information. THANK YOU FOR TAKING YOUR TIME TO COMPLETE THIS FORM. THE INFORMATION WILL BE USED FOR INSURANCE PURPOSES ONLY. UIB United Insurance Brokers Ltd 69 Mansell Street, London, E1 8AN T: +44 (0) F: +44 (0) W: UIB is an accredited Lloyd s broker. Authorised & Regulated by the Financial Services Authority. UIB0101/08/08