Introduction to Aviation Insurance (MGT385)
This elective course introduces the basic principles of insurance and risk management with a special application to the aviation industry. An in-depth review of the aviation insurance industry in the United States and abroad, including the various underwriting companies and insurance brokerage specialists is provided. Subject matter will include underwriting, selection and rating for single-engine aircraft, Business and Pleasure Flying; Corporate Fleets Part 91; Airlines PT 121; Airports; Fixed Based Operators (FBOs) and product liability/component manufacturers. The class will also discuss loss and risk mitigation from an aviation perspective, including loss ratio analysis.