Skyward Specialty Insurance, a leading player in the specialty property and casualty (P&C) market, has announced its partnership with Acceleration Aviation Underwriters to deliver tailored insurance solutions to aviation businesses.
The primary goal behind this new offering is to fill a significant gap in the aviation insurance market, where securing comprehensive and reliable coverage has been a longstanding challenge.
This partnership aims to address the capacity limitations that many aviation enterprises face.
Skyward Specialty is recognised for its innovative approach to the specialty P&C market, offering a broad range of insurance solutions. Its strategic focus is on underserved markets, where it leverages its expertise to create tailored products that meet the unique needs of these sectors.
The newly launched product provides comprehensive insurance coverage to various segments of the aviation industry.
This includes commercial and general aviation aircraft, flight schools, fixed based operators, and both public and private airports.
The partnership also extends to several other aviation-related businesses, delivering specialised insurance solutions tailored to the sector’s demands.
By combining forces with Acceleration Aviation, Skyward Specialty is strengthening its position in the aviation insurance market. Acceleration Aviation brings years of expertise in the aviation insurance space, which complements Skyward Specialty’s extensive experience in the P&C market.
Kirby Hill, president, Captives, Programs & Alternative Risk commented, “Joining forces with Acceleration Aviation enables us to offer comprehensive, reliable solutions to an industry where adequately addressing capacity and coverage has been a challenge. Our entry into this market demonstrates our commitment to identifying and capitalizing on growth opportunities that align with our strategy to reach underserved markets.”
Chris Jones, president of Acceleration Underwriters, states, “Our team at Acceleration Aviation is excited to bring our expertise in aviation insurance to our partnership with Skyward Specialty. We look forward to growing a profitable book of aviation insurance business to contribute to Skyward Specialty’s already impressive success in the P&C market.”
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