Skyrisks enters AAM market

Skyrisks has announced its operational readiness to welcome new business for the fast-growing insurance needs of the advanced air mobility sector.

Backed by A-rated insurance capacity, the London-based MGA is offering coverage for the dynamic and varied AAM ecosystem, including operators of eVTOL, eSTOL and eCTOL aircraft; autonomous and RPAS fleets; manufacturers of AAM aircraft and major components; suppliers and distributors of AAM component parts; AAM service, maintenance and repair operations; vertiport construction and operations; AAM airspace management infrastructure and services; alternative aviation fuels and powertrains; and next generation avionics and technologies.

“Innovative insurance is a core enabler for the successful adoption of revolutionary aircraft, power systems, and next-generation infrastructure,” said Skyrisks CEO Alistair Blundy. “We meet the emerging risk landscape with proactive appetite, bespoke solutions, and A-rated insurance capacity. We are open for business and accepting submissions. The foundational reception and support from broker partners is outstanding.”

The MGA has also confirmed a cornerstone investment from Convex in addition to its existing insurance capacity partnership.

Mike Hansen, head of aerospace at Convex, commented: “Our approach to sustainability is integral to and integrated in Convex’s strategy. The very purpose of commercial insurance is to support the sustainability of business activities. That is why we are committed to advancing the sustainability agenda across the aviation sector in a long-term partnership with Skyrisks, the leaders in AAM insurance.”

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