Archive for the ‘Innovation’ Category
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Space Insurance and the New Era of Space Exploration
When veteran astronauts Bob Behnken and Doug Hurley set out for the International Space Station (ISS) from NASA’s Kennedy Space Center aboard SpaceX’s Crew Dragon capsule in late May, it was more than just a successful launch and flawless docking. The first mission to take astronauts to space from American soil in nearly a decade was also the first by a private space company to take humans to the ISS.
Why Aviation Data Sharing is Crucial for FBOs and Operators
Two stakeholders whose collaboration plays a major role in aviation safety are operators and fixed base operators (FBOs). Effective communication between these groups can help minimize risk and maximize the…
The Benefits of Aviation Data Sharing and How to Get Started
Few industries stand to benefit more from the efficient and effective sharing of data among colleagues than aviation does. Aviation companies use highly complex systems, and failure to learn from…
Aviation Advances: Addressing Rising AOG Levels Related to Aircraft Technology Advances
The commercial air transport industry is experiencing an unprecedented level of long-term AOG (Aircraft on Ground) issues resulting from mandated groundings and multiple Airworthiness Directive (AD) regimes, affecting both variant and new type power plants. To understand the reasons behind this, we need to consider where the industry is in terms of the large transport aircraft development cycle.
Advanced Air Mobility: The Next Evolution in Aviation?
The aviation sector may be on the cusp of major transformation. While it has continuously developed over the past century, new technologies are currently being developed that have potential for a transformative impact.
Expert Perspectives: Automation and Aviation Insurance
There seems to be general agreement in the aviation insurance industry—as in most business sectors—that automation can deliver improvements in everything from performance to profitability. But if you go beyond that high-level assessment, what do experienced professionals really think about automation? We posed some key questions to a group of industry experts.
Aviation Data Sharing: Leveraging Collective Insights to Minimize Risk
Aviation is an industry where learning through “trial and error” can be very costly. Missing critical threats and not trapping errors can have financial ramifications and a devastating human toll…
An Aviation Insurance Leader for 95 Years and Counting
One of the most valuable assets in aviation is confidence. From pilots lifting off on the runway to operators ensuring their aircraft are properly maintained, everyone in our industry needs…
Aviation Insurance Claims Costs are Rising. Here’s Why.
Pilots, operators, and other aviation stakeholders have observed that aviation insurance claims costs trend upward. Understandably, many ask why that is the case. While there is certainly a “cost of…
From Biplanes to Drones: Global Celebrates 95 Years as an Aviation Insurance Leader
Global Aerospace traces its history back to 9 August 1924, the day on which the original British Aviation Insurance Group (BAIG) was founded in London. Five years later in the…
