Chartis Adds CrisisResponse® Coverage to Corporate Aviation Policies

NEW YORK--(BUSINESS WIRE)-- The Chartis insurers today announced that they have added CrisisResponse® coverage to aviation policies for corporate customers, including airports and charter management companies. Developed by Chartis Aerospace Insurance Services Inc., CrisisResponse for aviation companies provides customers access to immediate funds for crisis management costs resulting from a catastrophic event.

With CrisisResponse coverage, policyholders can receive up to $250,000 of additional policy limits for costs associated with hiring a crisis management firm to help manage reputation risk, as well as for other crisis-related expenses, such as temporary living, travel, counseling, medical and funeral costs.

“Aviation companies face particularly strong reputation challenges with potentially severe consequences. Our Aviation CrisisResponse solution can help put companies in a strong position to protect the hard-earned and all-valuable reputation of their organization,” states Jeff Moitozo, Division Executive, Chartis Aerospace, U.S. and Canada.

“Being prepared to respond quickly and effectively is crucial if an organization is to survive and recover from a crisis. With CrisisResponse, aviation executives have immediate access to tools and resources that can assist their company in successfully addressing the situation at hand,” says Jeremy Johnson, Specialty Product Line Executive, Chartis U.S. and Canada.

New Research Paper: Chartis Aerospace has also sponsored development of a research paper, Aviation Crisis Management, that can help companies prepare for and manage reputation risks from unexpected, catastrophic events. The paper can be accessed on Chartis’ website: www.chartisinsurance.com/aerospace.

For more details about this new coverage contact Greg Dekker at 646-857-1803 or via email: [email protected].

About Chartis

Chartis is a world leading property-casualty and general insurance organization serving more than 70 million clients around the world. With one of the industry’s most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence.

Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit our website at http://www.chartisinsurance.com. All products are written by insurance company subsidiaries or affiliates of Chartis Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.

ChartisMatt Gallagher, 212-458-3247

Source: Chartis