IUA Circular 034/22

IUA Aviation Masterclasses – Part 1 (Wordings)

Four virtual sessions: 19 April to 5 May 2022 hosted by the International Underwriting Association 


Event Dates: 19th April to 5th May 2022

Time:  Each of the sessions will commence at 2.30pm/14:30hrs for 90 minutes duration. (UK/London time) 
Check your time zone here

Subject:  The IUA Junior Aviation Practitioners Working Group is pleased to be hosting a series of masterclasses focused on aviation wordings (Part 1) and claims (Part 2). These sessions will be of benefit to all aviators and, in particular, junior practitioners.

Downlaod IUA Junior Aviation Wordings Masterclasses - Clause Pack - 2022

Contact:  Deborah Finch, IUA Events Manager (020 7617 4451)

Topics included are listed below with calendar entries and dial in details.

For event Registration, please click here on the link.

We understand that some attendees are unable to join our webinar's due to company restrictions for some applications on company computers . Please note you can also connect and join with a mobile or tablet device.

Please adhere to on line etiquette during our presentations.  We kindly ask you to mute your microphone and video upon commencing the link and to use the Chat application for any  questions, which will be addressed by the speaker at the end of the presentation. We suggest dialling in at least 5 mins before the start of the webinar.

Please note that any recording of this event will be available post-event in DropBox format, subject to speaker authorisation. 

IUA Aviation Wordings Masterclasses

The Wordings Masterclass sessions, discussed in detail below, are specifically aimed at junior practitioners, but are open to all representatives from across the aviation underwriting, claims and broking communities. The four sessions each analyse different aspects of aviation wordings, but are interlinked and attendees are encouraged to attend all of the sessions where possible.

These four virtual Aviation Wordings Masterclasses will precede two in-person Aviation Claims Masterclasses that will be held on 13th and 17th May 2022, details of those sessions are accessible here.

Conducting these wordings masterclasses will be market experts and members of the IUA’s Aviation Technical Committee and the Aviation Insurance Clauses Group (AICG):

o Jette Varnals, Technical and Wording, Aerospace, AXA XL
o Gareth Howell, Underwriting Technical Director, Global Aerospace
o Sophie Moysan, Chief Legal, Claims Advisory & Institutional Officer, LRA#

When registering for these sessions (link above), please do not forget to to add them to your diary (use the links below)

1)    Tuesday 19 April 2022, 2.30-4pm
Overview and summary of Hull and Liability Coverages

A key subject that must be well understood by aviation practitioners is the fundamentals of core hull and liability coverages; this introductory masterclass will address key aviation clauses, including AVN48B, AVN52, LSW555D and AVS103A.

Click here  for Dial in details

2)    Friday 22 April 2022, 2.30-4pm
Consideration of the intent and effect of core aviation exclusions 

In order to clarify the scope of coverage, aviation exclusions such as AVS104B, AVN38B, AVN71, AVN124 and AVN72 are commonly used and practitioners should understand their intended operation and effect, which will the focus of this masterclass.

Click here  for Dial in details

3)    Tuesday 3 May 2022, 2.30-4pm
Exploration of common aviation extension

Clauses such as AVN67, AVN76 and concepts like non-aviation excess coverage and additional costs of working are all important features that commonly appear in market aviation policies. This session will allow attendees to understand the rationale behind these long standing concepts and will also explore the recently published AVN144 clause.

Click here for Dial in details

4)   Thursday 5 May 2022, 2.30-4pm
Examination of core products and airports coverages

This session will not only provide attendees with an understanding of products and airports coverages, but it will explore contractual and reinsurance considerations, including by working through AVN41A and AVN21.  

Click here for Dial in details

DISCLAIMER: The market briefing presentation materials and speaker comments therein were prepared solely by the presenter(s) in their personal and professional capacity. Any materials or opinions expressed do not necessarily represent the views of the IUA and IUA does not bear any responsibility for, or liability to, any parties in respect of the accuracy, legality or overall content of the presentation or any other comments made by speakers or other attendees during the market briefing.

As a member of the CPD (Continuing Personal or Professional Development) Certification Service the IUA is committed to providing high quality training activities. Our market briefing events are certified as being suitable for CPD purposes. To obtain a self assessment form for any particular event please email Deborah Finch. These forms will be issued after each individual event upon request. 

Anti-Trust Statement: It is the clear and unequivocal policy of IUA to comply in all respects with all applicable competition or antitrust laws. Consequently, IUA Market Briefing Attendees will not participate in any practice that would have the object or effect of restricting competition, nor will IUA provide a forum to promote anti-competitive conduct. In particular, any discussion or agreement on key commercial terms, such as commercial premiums, is likely in all instances to be unlawful and must be avoided. A competition law ‘Do’s and Don’ts’ guide is available and the IUA is happy to answer any questions on competition law that  attendees may have.