Global specialty insurer expands aviation coverage to U.S.Reprints
Global specialty insurer Torus Insurance Holdings Ltd. has partnered with Seattle-based managing general agent London Aviation Underwriters Inc. to write general aviation insurance in the United States.
Coverage will be written through London-based Torus’ U.S. admitted insurer, Torus National Insurance Co., Torus said Tuesday in a statement.
London Aviation Underwriters writes general aviation risks as well as airport premises liability and nonowned aircraft liability, Torus said.
“While Torus has been a significant writer of aviation insurance globally, we have not historically had a significant general aviation presence in the United States,” John Shettle, vice chairman of Torus and CEO of Torus’ U.S. operations, said in the statement, adding, “LAU has a strong reputation for underwriting, claims and policyholder service excellence.”