The goal of this collaboration is to solve the capacity issues that many aircraft businesses deal with.
Offering a wide range of insurance options, Skyward specialized is renowned for its creative approach to the specialized P&C market.
Its strategic focus is on underdeveloped markets, where it applies its knowledge to develop products specifically designed to address these industries' particular requirements.
The recently introduced program offers diverse aviation sector segments all-inclusive insurance coverage.
This collaboration includes various sectors of aviation, such as commercial and general aviation aircraft, flight schools, fixed base operators, and both public and private airports.
It also extends to other aviation-related businesses, providing tailored insurance solutions for the industry’s needs.
By partnering with Acceleration Aviation, Skyward Specialty is enhancing its presence in the aviation insurance market.
Acceleration Aviation, with its deep knowledge in aviation insurance, complements Skyward Specialty’s extensive experience in the property and casualty (P&C) market.
Kirby Hill, President of Captives, Programs & Alternative Risk, noted that this partnership allows them to offer comprehensive and reliable solutions to an industry where capacity and coverage have been challenging.
This move highlights their commitment to pursuing growth opportunities that align with their strategy to serve underserved markets.
Chris Jones, President of Acceleration Underwriters, expressed enthusiasm about bringing their aviation insurance expertise to the partnership with Skyward Specialty.
He looks forward to contributing to the growth of a profitable aviation insurance portfolio, building on Skyward Specialty’s success in the P&C market.