The first aviation insurance contract was a civil liability one, signed in 1912 in England, at Lloyd’s of London. Since then, aviation has developed, planes have become safer, and the number of passengers has increased, according to estimates by the International Air Transport Association, two billion annually in 2005, and over four billion in 2017.
Obsidian Broker experts offer advice for concluding this type of policy, which ensures both employees, partners or other persons on the ground, as well as their passengers and luggage. These products are intended for all potential beneficiaries, from Airports, to the Administration of Air Traffic Control or aviation service providers. In accordance with international treaties which regulates navigation and aviation safety, the insurance products issued by Obsidian Broker cover third party liability of transport operators, airports, and civil liability of airport service providers.