Aviation Insurance Podcast

In Episode 106, host Tim Bonnell Jr. sits down with Chris Proudlove, Senior VP at Great American Insurance Company, to unpack the risks, rewards, and insurance implications of the fast-evolving eVTOL and Advanced Air Mobility (AAM) sectors. From urban air taxis to drone deliveries, we explore what aviation's "third wave" means for insurers, operators, and regulators alike.  Timestamps: •     00:02 – Welcome & Guest Introduction •     00:47 – Chris Proudlove's 35-Year Journey in Aviation Insurance •     03:17 – Why eVTOL is Aviation 3.0: A New Era Unfolds •     05:33 – Challenges of Insuring eVTOL & AAM Aircraft •     09:15 – Public Acceptance & Infrastructure Hurdles •     10:48 – How eVTOL Insurance Differs from Traditional Aviation Policies •     14:36 – The Role of Telematics & Data in Underwriting •     16:40 – Claims Complexity: Batteries & New Tech Risks •     18:52 – Biggest Growth Opportunities for the Industry •     21:26 – Final Thoughts & Industry Call-to-Action Whether you're an underwriter, broker, or aviation enthusiast, this episode is packed with insights on how the insurance market is adapting to the next frontier of flight.

In this captivating episode, host Tim Bonnell welcomes Howard Kass of Skyryse to discuss a bold new technology poised to revolutionize general aviation safety—SkyOS. With a mission to drastically reduce aviation accidents caused by pilot error, Howard dives into the innovations behind Skyryse One and how this cutting-edge operating system transforms complex cockpit operations into intuitive, streamlined experiences. From reducing cognitive load to potentially saving lives during emergencies, this episode explores how automation and human intuition can co-pilot the future of aviation.  Visit Skyryse website at: www.skyryse.com

In this episode of the Aviation Insurance Podcast, host Tim Bonnell welcomes Bennett Goldblum, President of Beacon Aviation Insurance, to explore the complex and often misunderstood world of aviation workers' compensation insurance. From navigating 50 different state regulations to understanding employer liability and subcontractor risks, this episode is a must-watch for aviation business owners, operators, and insurance professionals. Learn how to protect your aviation team—from pilots and mechanics to ground crew and office staff—while staying compliant and prepared for the future. Don't forget to like, subscribe, and hit the bell so you don't miss the next episode!

What's shaping the future of aviation insurance? Eric Donofrio, Chief Underwriting Officer at AXA XL, shares insights from his decades-long career, covering everything from emerging technology to market challenges.

Understanding aircraft physical damage & liability coverage is crucial for every owner and operator. Make sure you're protected with the right policy!

Dry leasing is a popular practice in business aviation, but if not structured properly, it can lead to serious insurance and legal issues. In this episode, we break down the most critical considerations, including FAA compliance, insurance policy violations, liability concerns, and increasing insurer restrictions. If you own, lease, or operate an aircraft, this episode is a must-watch to avoid costly mistakes and ensure you're fully covered.

We've spent the last 3.5 years bringing you expert insights, industry trends, and must-know aviation insurance knowledge. Now, we're celebrating 100 episodes with a special look back at the highlights that shaped our journey!  Thank you to our incredible listeners, expert guests, and hardworking team who make this podcast possible. Here's to the next 100! Don't forget to like, subscribe, and hit the notification bell so you never miss an episode!  Have a topic you'd like us to cover? Let us know in the comments or email us at info@aerisinsurance.com Disclaimer:
 These episodes are for educational purposes only. Due to the evolving regulatory and legal nature of this industry, some information may change over time. Having a knowledgeable and experienced aviation insurance broker on your team is essential for managing your aircraft and business risks effectively. #AviationPodcast #100Episodes #AviationInsurance #AircraftInsurance #AviationExperts #FlightSafety #AviationRisk #AviationIndustry #PodcastMilestone #AviationBusiness

In this special episode, Tim Bonnell sits down with our very own, Tim Bonnell Sr., who brings nearly five decades of experience in the aviation insurance industry. From fascinating stories to invaluable wisdom, this episode offers a unique look into the career of a seasoned expert in aviation and aviation insurance. Chapters: 0:00 Introduction 0:11 Welcome to the Aviation Insurance Podcast 0:28 Meet Tim Bonnell Sr. – 5 Decades in Aviation Insurance 1:05 Exploring the Evolution of Aviation Insurance 2:20 Stories from the Industry – Lessons and Insights 3:45 Challenges and Milestones in a Long Career 5:15 Legacy and Passing Knowledge to the Next Generation 6:30 Funny and Memorable Moments in Aviation Insurance 8:00 Closing Thoughts from Tim Bonnell Sr. 8:30 Outro and Call to Action Disclaimer:
 These episodes are for educational purposes only. Due to the evolving regulatory and legal nature of this industry, some information may change over time. Having a knowledgeable and experienced aviation insurance broker on your team is essential for managing your aircraft and business risks effectively. #AviationInsurance #InsurancePodcast #AviationCareers #TimBonnell #IndustryInsights #InsuranceExpertise #PodcastGuest #AviationIndustry #AviationInsights #AviationStories

What's in store for aviation insurance in 2025?  In this exciting episode of the Aviation Insurance Podcast, host Tim Bonnell lays out five bold (and not-so-bold) predictions for the year ahead, highlighting key trends that will shape the industry.

Ever wondered what it takes to insure Kris Kringle's magical sleigh? Dive into this festive episode of the Aviation Insurance Podcast where we unpack unique risks like reindeer emissions, mid-air collisions, and even Grinch sabotage! A fun and educational look at insurance for the extraordinary. Listen now and get inspired by the magic of risk management! 

The aviation industry is soaring into the future, with electric aircraft, advanced safety innovations, and rapidly evolving policies leading the charge. In this episode, Tim Bonnell Jr. sits down with Ernest DeSpain, Co-Executive Owner of Eiger Insurance Services, to explore the critical role of MGAs in aviation insurance, the revolution of electric aircraft, the challenges posed by rising aircraft values and accident rates, and the transformative power of AI and emerging technologies. Don't miss this engaging conversation between two seasoned industry leaders! 

Welcome to a special Thanksgiving episode of the Aviation Insurance Podcast! Host Tim Bonnell reflects on the powerful connection between gratitude and growth—a concept crucial for personal, professional, and organizational success. Tim shares insights on balancing contentment with ambition, celebrating milestones, and avoiding the "gap" that robs us of fulfillment. Whether you're in aviation insurance, running a business, or pursuing personal growth, this episode will inspire you to reflect on your achievements and set meaningful goals. Happy Thanksgiving! Join us as we explore how gratitude can fuel your journey to higher altitudes.

Ever wondered what powers aerial application aircraft or how fire suppression operations take flight?  On this episode of the Aviation Insurance Podcast, we're on location at the National Agricultural Aviation Association Convention in Fort Worth, TX, bringing you insights from industry leaders. Dive into the fascinating world of aerial applications with exclusive interviews! 

In our latest episode of the Aviation Insurance Podcast, host Tim Bonnell Jr. sits down with Mike Warren, Executive Vice President and General Counsel at Old Republic Aerospace. Mike shares his deep industry insights, recounting his journey through pivotal moments in aviation insurance—from handling complex claims to navigating the challenges of modern-day risks like social inflation and labor shortages.

In this episode, Paula Williams sits down with Tim Bonnell Jr. to discuss their experiences at the recent NBAA show, insights into marketing in the aviation industry, and the release of Tim's latest book on aviation business insurance. Discover the importance of creating value through content, establishing a legacy in the industry, and how Tim's new book aims to bridge gaps in aviation insurance knowledge. From risk management to mentorship, this conversation provides valuable perspectives for aviation professionals and entrepreneurs alike.

Join us as we sit down with Eli Stepp, the founder of BizAvJets and co-publisher of BizAvJets USA Magazine, to discuss the latest trends in business aviation. From his journey starting as a turbine engine mechanic to advocating for the positive impacts of business aviation, Eli shares insights into new technologies, sustainability efforts, and challenges facing the industry today. We also dive into the importance of aviation culture, talent retention, and addressing climate concerns. Don't miss this episode packed with valuable information for aviation professionals and enthusiasts alike.

In this episode of the Aviation Insurance Podcast, we delve into the crucial topic of contractual liability in the aviation industry. Whether you're an aircraft owner, operator, or part of an aviation business, understanding your insurance coverage and the implications of various contracts is essential. This episode covers the intricacies of aircraft and commercial general liability policies and what you need to know when navigating indemnification clauses and insurance exclusions.

In this solo episode of the Aviation Insurance Podcast, host Tim Bonnell Jr. dives into the essential aspects of insuring turbine aircraft, covering the most common claim denials, pilot requirements, policy uses, and specific turbine-related risks like over-temping and foreign object damage (FOD). Whether you're an aircraft owner or operator, this episode is packed with critical insights to help you navigate turbine aircraft insurance with confidence. Need expert guidance on aviation insurance? Visit us at aerisinsurance.com to get a free quotation and learn more.

In this episode of the Aviation Insurance Podcast, host Tim Bonnell Jr. speaks with Jim Anderson, Senior Vice President at Starr Aviation. Together, they explore the rapidly evolving landscape of aviation insurance, the rise of new technologies, and the challenges posed by the future of urban air mobility, AI, and telematics. Learn how innovation is shaping underwriting, risk management, and safety standards in the aviation world. Guest: Jim Anderson Senior Vice President, Starr Aviation Visit Starr Aviation: https://starrcompanies.com Chapters: ·         00:00 - Introduction ·         01:17 - Jim Anderson's Journey in Aviation Insurance ·         03:49 - What Excites Jim About Aviation Insurance Today ·         05:03 - Concerns About Social Inflation in the Industry ·         08:50 - The Impact of New Technologies on Underwriting ·         12:42 - AI's Role in Aviation Insurance ·         13:40 - Consumer Needs and Telematics in Aviation ·         17:44 - Future Technologies in Aviation Safety ·         22:17 - Aircraft Innovations: Parachutes, Auto-Land, and More ·         24:38 - How Technology is Improving Underwriting ·         28:05 - Closing Thoughts from Jim Anderson These episodes are for educational purposes only and due to the changing regulatory and legal nature of this business, some information may change over time. Having a well-educated and experienced aviation insurance broker on your team is an absolute requirement to success in business and for managing your aircraft and aviation business risks. Visit us at aerisinsurance.com to get a free quotation and expert insights.

In this episode of the Aviation Insurance Podcast, host Tim Bonnell Jr. sits down with Mike Chevrette, Vice President of Aviation at Great American Insurance Company. They discuss the nuances of underwriting non-standard aviation risks, the impact of new technologies like drones, and the challenges posed by geopolitical uncertainties and liability issues in the aviation insurance industry. Whether you're an aviation professional, insurance expert, or simply curious about the intricacies of aviation insurance, this episode is packed with insights that you won't want to miss.

Join us as we dive into the world of Unmanned Aerial Systems (UAS) with industry expert Josh Olds, CEO of the Unmanned Safety Institute. From his journey as a pilot to leading the charge in UAS safety, Josh shares invaluable insights on the future of drone operations, the importance of standardized safety practices, and the evolving role of technology in aviation. Whether you're a seasoned aviator or just curious about the future of flight, this episode is a must-listen!

In our latest episode, we dive deep into the cutting-edge world of Advanced Air Mobility (AAM) and electric Vertical Take-Off and Landing (eVTOL) aircraft with Pivotal's CEO, Ken Karklin. Discover how Pivotal is revolutionizing the skies, from training diverse pilots to pioneering recreational air travel. Tune in to hear about the exciting developments and challenges in this transformative industry. Don't miss it!

Tune in to our latest podcast episode where we dive deep with Donny Malinoff, the visionary founder and CEO of Flightline Technologies. Discover how Donny is transforming personal aviation with innovative solutions in telematics, safety, and affordability.  Don't miss this insightful conversation on the future of aviation technology and how it's reshaping the industry. Listen now and stay ahead of the curve!

Exciting times in aviation! Join us as we dive into the future of flight with Alistair Blundy, CEO of Skyrisks. In this episode, we explore the world of advanced air mobility, EVTOLs, and innovative insurance solutions. Don't miss out on this insightful discussion on pioneering technologies and risk management in the aviation industry.

Check out our latest podcast episode featuring Dean Owen, North America's most innovative CPA! Dean shares his insights on advanced aircraft mobility, emerging aviation technologies, and the future of personal air transport. Don't miss this fascinating conversation on safety, training, and the intersection of innovation and insurance. 

Excited about the Aviation Insurance Association (AIA) 2024 Conference in New Orleans this May 3rd to 6th? Get a sneak peek into what's in store! Join Mary Gratzer and Luke Uithoven in our latest podcast episode as they unveil the opportunities, networking, and educational sessions planned for one of the industry's most anticipated events. Whether you're looking to connect with industry leaders or stay ahead in the aviation insurance field, this is your gateway to the future of aviation! 

Tune into the latest episode where we explore the transformative role of virtual assistants in today's global business environment. Learn from real-life stories of dedication and strategic support that empower businesses to reach their full potential. Whether you're an entrepreneur, a virtual assistant, or someone interested in behind-the-scenes business operations, this episode has valuable insights just for you!

Dive into the future of aviation with John Brogan, President and CEO of USAIG, on our latest podcast episode. Brogan shares his expert insights on the evolving landscape of aviation insurance, tackling challenges from social inflation to the insurability of cutting-edge technologies like eVTOLs and UAVs. Discover how the industry is navigating these turbulent skies and what the future holds for aviation enthusiasts and professionals alike. Tune in now!

Don't let misunderstandings ground your knowledge! We debunk the three most common myths about aircraft insurance and ensure you're equipped with the facts.Tune in now for an enlightening journey through the skies of insurance clarity.

Join us on this episode with Kerrick Tweedy, a trailblazer transforming lives through the power of flight. Discover how aviation bridges the gap to remote communities, advances the gospel, and embodies the essence of service and safety in challenging environments. Tune in now!

Discover the intricacies of aviation insurance with industry veterans Hal Hunt and Robin Reimer on our latest episode of the Aviation Insurance Podcast. Tune into a comprehensive discussion on how to navigate the complexities of aviation insurance, understand essential coverages, and avoid common pitfalls in insuring aviation operations.  Whether you're an aircraft operator, hanger owner, or involved in any aspect of the aviation industry, this episode offers invaluable insights into safeguarding your aviation assets effectively.

Dive into the world of aviation insurance with industry leader David Sales! Discover the intricate workings of international insurance markets, innovative trends in aviation, and David's unique insights from decades of experience.

We're thrilled to have Paula Williams from ABCI join us to discuss the latest trends and strategies in aviation marketing. Don't miss her valuable insights on how to navigate and succeed in the aviation industry.

Join us for an amazing conversation with Andrew Moore, CEO of the National Agricultural Aviation Association (NAAA), in our latest podcast episode. Andrew shares his extensive knowledge and insights on the evolution, current challenges, and future prospects of agricultural aviation. Explore the intersection of agriculture and aviation through the lens of technology and innovation in this must-listen episode. Tune in now!

Dive into the world of aviation innovation with our latest podcast episode featuring Mark Leeper, the visionary behind Vision Aircraft Records!  Discover how electronic record-keeping is revolutionizing the aviation industry, enhancing safety, and streamlining insurance processes. Don't miss this insightful conversation that takes you from paper logbooks to digital breakthroughs in aviation!

Dive deep into the ever-evolving world of aviation insurance with Jeff Bruno!  Explore challenges & solutions surrounding eVTOLs, aging pilots, and older aircraft insurance. Tune in now to be at the forefront of the aviation conversation!

Join us as we sit down with Ed Bolen, President and CEO of the National Business Aviation Association, to dive into the exciting world of business aviation. From cutting-edge technology to safety enhancements, we explore what's shaping the industry's future. Listen now for insights on aviation's evolution and more! Don't forget to like, share, and follow for more aviation-related content.

Tune in to our latest episode with aviation insurance claims expert Keith Brown as he shares insights on the dynamic world of aviation claims.  Discover the most exciting developments in aviation claims from the past year, and gain valuable knowledge about adjusting hull, physical damage, and liability claims. Keith also sheds light on emerging trends in aviation claims, pilot-related concerns, and proactive steps for aircraft owners and businesses to prepare for potential claims. 

Join us for a deep dive into the world of aviation safety with our special guest Steve Bruneau. We're exploring Safety Management Systems (SMS) - what they are, why they matter, and how different players in the industry can establish one.  Don't miss out on this enlightening conversation that's all about elevating aviation safety standards!  

Dive into the intricate realm of Excess Liability in our upcoming podcast episode! Our special guest, Jason Riley, will join us to demystify Excess Liability's significance for aircraft owners. We'll explore the challenges of purchasing it, understand its available limits, and investigate if there's ever a cap on coverage. Moreover, we'll shed light on what occurs if a claim surpasses the primary coverage limit. Join our insightful dialogue to enhance your understanding of maneuvering through the complexities of aviation insurance. Stay tuned! 

Ever wondered about the intricate details of an aviation insurance certificate? Check out our latest podcast episode where we unpack the ins and outs of these critical documents. Learn what they do, what they don't, and the key details you should be aware of! Navigating insurance in the aviation industry doesn't have to be complex. Let us guide you through the fog! Listen in and gain valuable insights to help you stay ahead in the aviation world.  Listen/Watch here: https://aerisinsurance.com/episode-66-the-flight-plan-understanding-aviation-certificates-of-insurance Don't forget to share so others are informed too! #Aviation #AviationInsurance #InsuranceTips #RiskManagement #AviationIndustry #PilotLife #AirplaneInsurance #InsuranceEducation #FlightSafety #InsurancePolicy #COI #Aeris

✈️ Navigating through the #AviationInsurance market? Our latest podcast episode dives into the key trends and major influences shaping the industry.  Listen or watch here:  https://aerisinsurance.com/episode-64-aviation-insurance-market-update-summer-2023 The aviation insurance industry continues to see an upward trend in rates across most sectors. Key influences include the after-effects a long soft market with unsubstantially low rates, the impact COVID-19 and its fall-out, the 737 MAX losses, and the 2022 Russian confiscation of foreign-owned aircraft. Aerospace insurance companies are being negatively impacted by increased costs due to inflation, higher claims costs, increasing liability awards, higher reinsurance costs, significantly higher war risk insurance costs, and more.  The silver lining is that despite these headwinds, it isn't all bad news. Insurers and reinsurers haven't been making knee jerk reactions to these issues. The market also has plenty of insurers still eager to write aviation business. This helps the aerospace insurance market to remain more stable than if the capacity were to decrease.  Stay connected with us for more updates as we continue to navigate the headwinds and tailwinds of the aviation insurance industry.  Remember to like, share, and comment - it helps others stay informed, too!  #AviationInsurance #InsuranceTrends #MarketUpdate2023 #AviationIndustry #RiskManagement #737MAX #COVIDImpact #InsuranceInsights #AviationPodcast #NavigatingInsurance #Aeris

Dealing with an aircraft insurance claim? Remember to prioritize any medical injuries and protect your aircraft from further harm. It's crucial not to admit fault before your insurance company fully assesses the situation. Timely communication with your insurer via your agent is key. Cooperating with government agencies and providing all necessary documentation will help to streamline the claims process. Stay prepared and safe flying, everyone!✈️

There are broad-form expansion endorsements that will be issued by some carriers on various insurance policies. In this episode let us highlight some of these extra little coverage, as you may find on some pleasure and business use insurance policies and some corporate type of insurance policies. Tune in to learn more!

One of the principles of economics is supply and demand. When there's a lot of demand,  the supply can become a bigger challenge and the cost can go up. Coupled with inflation issues, let's talk about how these issues impact aviation insurance. Tune in to learn more!

On March 14th, Russia passed a law that allows for the confiscation of all non-Russian-owned or financed aircraft in the country. Most airlines lease much of their equipment and there are estimated to be more than 500 aircraft that can be impacted. It is an estimated 10 to 15 billion dollars in losses to the international aviation insurance market. Given that the annual international aerospace insurance market worldwide is around $6 billion, this will be devastating to the aviation insurance market. Tune in to learn more!

In today's episode, we will talk briefly about the history of aviation insurance and how that applies to how insurance is purchased and secured today, and how we can continue to address the changing risks in aviation going forward.  Tune in to learn more!

Human error has been documented as a primary contributor to more than 70 percent of aircraft losses. Boeing says that in aviation "human factors" is dedicated to better understanding how humans can most safely and efficiently be integrated with the technology. Tune in to learn more!