Invitation to the Willis Towers Watson Aviation Conference 2018

Dear Friends,

We are delighted to welcome you back to Singapore for Willis Towers Watson Aviation Conference to be held at the W Hotel in Sentosa between Tuesday 6 March 2018 and Friday 9 March 2018. This is our last year in Singapore before we move locations in 2019 – to be announced in due course!

We would firstly like to thank our sponsors for their continued support of this unique, industry-leading event and we look forward to hearing from industry leaders on the latest developments in their field and provide the forum for insurance buyers, risk carriers and ancillary service providers to meet and discuss mutual topics of interest.

Please note that conference places are limited and registration will be closing on 1 February 2018 so please register as soon as possible by clicking here. The attendance fee for the conference is USD750 per person. Please be ready to enter you credit card information at the end of the registration process. The mobile APP will also be available prior to the conference.

As in past years, we have negotiated preferential rates for rooms at the W Singapore – Sentosa Cove. If you would like a room at the W, please follow the instructions on the hotel page of this website. We ask you to kindly make your hotel bookings as soon as possible as there is limited availability at the discounted rates. Please note that every year delegates book rooms late and are disappointed to not benefit from discounted rates, and/ or the convenience of staying at the conference venue.

We look forward to welcoming you to Singapore.

Market Announcement Regarding AIG Aviation Operations in Australasia

Following a strategic review of their portfolio and local market conditions, AIG Australia have announced their decision to close the local arm of their Aviation business in Australia and New Zealand.  Business for the region will continue to be underwritten and serviced via their specialist teams based in Singapore and London.   This announcement does not effect business placed directly with AIG in the London market.

Further details are outlined in the following announcement made by AIG yesterday.

Aerosure will continue to keep all of our clients informed of developments accordingly however should you have any immediate queries please do not hesitate to contact us.

AIG-Australia-Announcement

 

 

 

 

UK Insurance regulator investigating aspect of major airline insurance activities

London regulatory Investigation (FCA) into airline insurance broking activities in London (all major airline insurance brokers are involved).

We have received advice from Willis Towers Watson London, regarding the above.

“We wanted to inform you that the UK financial regulator, the Financial Conduct Authority (“FCA” ), has opened a formal investigation into possible agreements/concerted practices in the Airline insurance  broking sector. They are cooperating with the FCA and have reassured us that this review does not affect your current insurance programme or the programmes that Willis Towers Watson has arranged for you on our behalf in the past.”

Due to strict confidentiality issues with the FCA, Willis Towers Watson are not in a position to comment further at this stage, but as soon as they can share additional information.

Aerosure will continue to be kept updated as this matters moves forward and we will continue to keep all of our clients informed accordingly.