The aviation insurance market has been riding kind of a harder insurance market since early to mid-2018, which has been marked by increasing rates and stricter underwriting guidelines. As you may have noted in our updates in 2020 and 21, we saw that there were several factors creating this hardening of the market and extremely low and unsustainable rates in the soft market that started in 2006. Tune in to learn more!
Aviation Insurance Podcast Episode 36: Aviation Insurance Market Update
About the Author: Tim
Tim Bonnell Jr. is the Founder and President of Aeris Insurance Solutions. He is the author of the book Aircraft Insurance Fundamentals: A Concise Guide For Aircraft Owners and Operators. He’s a third-generation pilot and a second generation aviation insurance broker. Tim was raised in the aviation insurance industry and had the opportunity to learn it from the ground up. His formal education was completed at Kansas State University.
Tim is a private and instrument-rated pilot. He holds the Certified Insurance Counselor and Certified Aviation Insurance Professional professional designations. In 2014, he was installed into the inaugural class of the Aviation Insurance Association’s Eagle Society. Tim has served on the boards of directors for the Aviation Insurance Association, Kansas Agricultural Aviation Association, National Agricultural Aviation Association, and the Wichita Aero Club in addition to other community organizations.