Willis and Towers Watson have merged. Visit willistowerswatson.com

Related Solutions

In a very small market of Air Navigation Service Providers (ANSPs) - generally there is only one per country, and then not all ANSPs purchase insurance - of those that do Willis has a significant market share.

Risk Factors
We have extensive experience of working with ANSPs to represent their extremely unusual risk profile to the insurance market that protects them against the catastrophe exposure characteristic of the service they provide. Unlike for example motor insurance, where insurers can predict with relative certainty how many losses to expect each year from literally millions of customers, the ANSPs global portfolio consists of a customer base of a few dozen, that may produce very few claims, but when it does, it can be catastrophic.

A failure to control runway movements caused the catastrophic loss of two B747's in Tenerife in 1977, and there have been several instances of mid-air collisions, most of which have been wholly or partially attributed to the failure of an ANSPs to control the aircraft movements correctly. In such a small market it is all too easy for the total world-wide premium income for several years to be lost as the result of just one significant claim.

Willis Expertise
Willis will work with the ANSPs to identify the risk exposures to ensure that underwriters only take into account the risks for which the ANSPs is responsible. Many national authorities operate every en-route centre and airport control tower within its territory, whilst in some cases, control tower responsibility is delegated to an airport authority, or an independent contractor. In some cases a national aviation authority controls air navigation services as well as airports in its territory, and could be the national regulatory authority as well.

It is possible to combine all these interests into one programme, protecting the authority's liability from all these exposures under a package policy, achieving possible economies of scale by doing so.

Because of the unusual nature of the risk exposure, a combination of two significant claims against ANSPs and the effects of 11 September 2001 at almost the same time, the ANSPs industry has suffered manifold premium increases in the years since.

Willis has carried out a considerable amount of work with the ANSPs industry, including with the industry's representative Civil Air Navigation Services Organisation (CANSO), to improve the image of the industry, and promote increased understanding amongst the insurers of the safety measures and risk mitigation factors in place.

  • Copyright © 2017 Willis Towers Watson