Aviation claims in changing weather – Forecasting the losses

IUA Circular 047/23

REMOTE EVENT ONLY

Aviation claims in changing weather – Forecasting the losses

with Chris Whittington, Senior Surveyor & Quality Manager, Aviation, CTA and John Bayley, Regional Director, Europe,
McLarens Aviation

Event Date: Tuesday 16 May 2023

Time: 12 noon for approx 1 hour (UK/London time)
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Subject: This IUA remote market briefing will comment on the severity of aviation claims and how insurers should navigate the challenges of managing claims to ensure aircraft repairs are both economical and speedy.

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

This is a free event, but names and email addresses of all attendees are required for registration.

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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 session will be available post-event on the IUA's channel, subject to speaker authorisation and technical quality.

How are rapidly evolving weather patterns leading to increasingly frequent and costly aviation claims? This is the key question that will be considered by our speakers who will provide their unique perspective on recent hail and storm events.

When bad weather hits, the damage caused to aircraft frequently leads to costly and challenging repairs. This can be testing for operators and their insurers, particularly when multiple aircraft in one location are impacted by a single event. Parts, labour and expertise are often in short supply, inflating the quantum of losses.

At this market briefing, our guest speakers will explain how weather patterns are changing, the resulting impact on the frequency and severity of losses, and how insurers should navigate the challenges of managing claims to ensure aircraft repairs are both economical and speedy.

Our Speakers:
John Bayley is the McLarens Aviation Regional Director for Europe. He has handled a large number of regular and complex aviation claims and major incidents and accidents, in various geographical regions.

Prior to McLarens Aviation he worked in senior positions with a number of airlines in the UK, Europe and Australia. After ten years in aircraft engineering John was awarded a Scholarship to study in France with Safran, the French aircraft engine manufacturer working on the CFM56 program and is now fluent in French. As an experienced aircraft engineer he then obtained his private pilot license to compliment his knowledge.

He subsequently managed a period of product support with several airline customers on behalf Safran prior to combining airframes and engines again with a role at McLarens Aviation.

He joined in 1998 and progressed to head up the UK based Claims Team 2012 and is now McLarens Regional Director for the European and Russian region including offices in London, Frankfurt, Paris, Madrid and until recently, Moscow.

Chris Whittington is a licenced aircraft engineer with approaching 30 years of industry and insurance survey/adjusting experience. His early career was spent maintaining various light aircraft and commercial airliners in both MRO and line maintenance operational environments.

Chris then joined the insurance market 17 years ago and has since handled various losses for the Insurance market both as a surveyor and a senior adjuster at a Lloyds Insurer. He is now responsible for several key accounts, as well as technical quality at Charles Taylor Aviation.

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.