Aerospace manufacturers
Manufacturers of aircraft, parts and equipment.
AEROSPACE COMPANIES
Secure your aviation business against major risks
In aviation, a rare incident can have extreme financial consequences.
Maintenance, handling, production, airport services… Your liability may be engaged in complex, high-impact claims.
SAAM Verspieren Group supports you with insurance solutions designed to protect your business over the long term.
Who this expertise is for
Solutions designed for the following profiles
MRO companies
Maintenance, repair and overhaul of aircraft.
Operators
Managers of aircraft and infrastructure.
Aviation service providers
Ground handling, training, ground services.
Specific risks that are often underestimated
Your environment exposes you to:
- infrequent but very costly claims
- a chain of liability (several parties involved)
- strong contractual constraints (IATA, maintenance, subcontracting)
- tightly framed cover triggers
Without suitable structuring, some critical situations may remain uncovered.
Cover designed for realities on the ground
Aviation Professional Liability
Protect your operational activity:
- damage caused during your work
- ground incidents (collision, refuelling…)
- maintenance or handling errors
Essential for:
- MRO
- Handling
Product Liability
Cover the consequences of a product defect after delivery.
- major damage covered
- protection against systemic risks
A key point that is often overlooked:
the cover applies only in the event of an aviation accident
Extensions that are essential to your security
Effective cover relies on additional guarantees that are often critical:
Removal / refitting
Covers the replacement of defective parts
Essential, as it is not covered as standard
Product recall
Covers the costs of:
- withdrawal
- replacement
- logistics
Grounding
Covers losses arising from the grounding of an aircraft or a fleet.
Triggered by a decision of an authority
In-flight risk extension
Particularly important for:
- maintenance workshops
- test flights
War and allied risks
Buys back risks that are generally excluded:
- sabotage
- terrorism
- malicious acts
Contractual issues that must not be overlooked
A large part of your exposure depends on your contracts with principals:
- IATA agreements (SGHA…)
- limitations of liability
- waiver of recourse clauses
There is often a gap between the actual damage and the contractual liability.
What we deliver in practice
With SAAM Verspieren Group, you benefit from:
- an in-depth analysis of your actual risks
- tailored structuring of cover and extensions
- consideration of your contracts and regulatory obligations
- limits matched to the financial stakes
- support in the event of a complex claim
An expert partner for the aviation sector
We support:
- maintenance companies (MRO)
- airport service providers
- manufacturers and equipment suppliers
- technical organisations
With complete command of the sector's specific features.
Anticipate the critical risks of your business
Standard cover is not enough given what is at stake in aviation.
Secure your business today with an expert, tailored approach.
Programmes designed for your specific risks
From design to operations, every part or activity engages your liability. We cover manufacturers, equipment suppliers, maintenance centres, security firms and ground handlers, with aerospace products and professional liability guarantees calibrated to the technical and regulatory realities of the sector.
Our knowledge of aerospace production chains, maintenance and operations lets us structure precise, defensible coverage in the event of a claim.
Guarantees & coverage
The protections we design and place for you
Aerospace products liability
Coverage of damage caused after delivery by a product or a part.
Operational liability
Liability related to the company's activity and operations.
Hangars and infrastructure
Damage to buildings, hangars and ground equipment.
Legal protection
Legal defence and recourse in the event of a dispute related to your aerospace activity.
Our exclusive SAAM insurance products
Two products dedicated to manufacturers, service providers and maintenance workshops.
SAAMPRO
Manufacturers and service providers
- Europe excluding Italy
- Products liability up to €80,000,000
- Regardless of the aerospace product's destination
- Turnover below €10,000,000
AIRPRO
Maintenance workshops
- Europe
- Products liability up to €10,000,000
- Workshop working mainly on certified aircraft
- Turnover below €1,000,000
TO GO FURTHER
Aviation liability: understanding, structuring and controlling high-stakes risks
Low-frequency, high-severity claims, how professional and product liability fit together, cover extensions, IATA / SGHA contractual environments and the chain of liability.
