Aviation Insurance

The aerospace industry requires uniquely specialized solutions for risk management. A relatively minor fault can cause a catastrophic disaster, incurring unforeseen legal liabilities and costs for responsible parties. In many cases, a claim may not appear until years after an accident, as investigators dig deeper into the cause. In these cases, it’s crucial to have catastrophic liability insurance from a long-term partner.

Our Willis Towers Watson network provides insurance brokerage and risk management advisors to many of the world's leading aerospace companies, the network is also a global specialist to this sector.

Our team consists of experienced general aviation brokers, claims specialists and service managers, while our processes and practices have been specifically developed to meet the demands of the general aviation sector which includes:

• Airport ground handlers
• Airport legal liability
• Airside insurance
• Airshow organisers liability
• Air traffic control
• Contractors liability
• Hull and liability insurance
• Premises, hangarkeepers and products liability
• Refuelling liability

Cyber Risk Insurance

Cyber-insurance is an insurance product used to protect businesses and individual users from Internet-based risks, and more generally from risks relating to information technology infrastructure and activities. Unfortunately, data breaches and other cyber crimes are becoming way too common. In the past couple years, data breaches have resulted in major fines and legal fees. It’s not just large organizations that are susceptible to being hacked or getting a virus, even small businesses can experience data breach.

A data breach can damage more than just your business computer system – it also can damage your reputation and put your customers and/or employees at risk. That's why cyber insurance can be a smart precaution for any size business.

What Is Cyber Liability Coverage?

Cyber liability insurance covers financial losses that result from data breaches and other cyber events. Many policy include both first-party and third-party coverages. First-party coverages apply to losses sustained by your company directly. An example is damage to your company's electronic data files caused by a hacker. Third-party coverages apply to claims against your firm by people who have been injured as a result of your actions or failure to act. For instance, a client sues you for negligence after his personal data is stolen from your computer system and released online.

While cyber liability policies vary from one the next, many provide similar types of coverages. The most common coverages are outlined below.

First Party Coverages	Third-party Liability Coverages	Other Coverages
Loss or Damage to Electronic Data Loss of Income and/or Extra Expenses Cyber Extortion Losses Notification Costs Damage to Your Reputation	Network Security Liability Network Privacy Liability Electronic Media Liability Errors and Omissions Liability	Other coverages that may be available under a cyber liability policy include various crime coverages such as computer fraud, funds transfer fraud, and cyber terrorism (acts of violence committed for political purposes).