Archive for the ‘Innovation’ Category
How often do you check your smartphone for messages or look something up on the internet? How often do you use a map application? How often do you look at…
Several factors play a critical role in aviation’s goal of continuous safety improvement. One of the most important is the sharing of incident data. This practice, which originated in simple…
Progress toward certification and operation of new battery-powered aircraft continues at an encouraging pace. Industry leaders are engaged and so are regulators.
The approach of the holiday season commonly prompts reflection on the past year as well as a look forward. That certainly is true for us at Global Aerospace. And while that work continues through November and December, we also pause a bit near the year’s end to consider what it is we really do.
Aviation is both a vital industry and one that has a significant impact on the environment. Concerned parties—from government regulators to aviation companies to private citizens—are increasingly pushing for advances in sustainability.
The processes for adjusting and managing aircraft insurance claims have not changed significantly in recent decades. Depending on the extent of the damage, most hull claims have typically involved an adjuster being on site within a few days of an accident to assess the damage and plan for necessary repairs. However, in a world in which we are increasingly time- and cost-sensitive, as well as environmentally conscious, change is afoot.
When considering the challenges of realizing the goal of flying taxis and personal commuting aircraft, thoughts of airspace management, aircraft certification and operational safety may immediately spring to mind.
A shift to airplanes powered by electric motors via lithium-ion batteries is in motion. Just recently, a major aircraft engine manufacturer announced the first flight of its all-electric aircraft. As this next generation of aircraft becomes more common, claims professionals and other personnel in the aviation industry will need to become familiar with the unique challenges presented by electric aircraft.
InsureTech or InsurTech or insurtech—It seems the industry has not yet decided on the preferred spelling, but it is the latest insurance buzzword and similar in meaning to fintech. As fintech is shorthand for “financial technology,” insurtech refers to “insurance technology,” and its use is changing insurance operations for the better in three key areas.
The U.S. has big plans. It wants to send humans back to the moon and eventually further on to Mars. This starts with landing the first woman and first person of colour on the moon within the next few years.