Page 20 - November 2022

= Well established business owner who regularly sees their properties = if the weather is bad they’ll go the next day and not push themselves with “get- there-itis”
Your broker can help you with this also, pointing out things that are worth noting in your letter. It should be part of your broker’s submission to the markets. After you’ve built out your profile with the underwriters with your formal applications and letter, reflect on what you are looking for in terms of ancillary coverages, liability limits, deductibles and conditions, for example, training requirements. If you’re looking for a quota-share placement, determine which carrier you would like to have lead your policy and which carriers would be a good fit for a following line. Sometimes the pricing/rates are the same for all the participating carriers. Sometimes their pricing will vary, and oftentimes the lead carrier charges a “lead fee” since they are issuing the policy, conditions, exclusions, endorsements, and will administer a claim should one arise.
Before you go to market on your next renewal, have a pre-renewal strategy meeting with your broker. Discuss the current market conditions and the success your broker has had in the last 90 days with risks similar to yours. When reviewing your specific risk, review your ancillary coverages and risk profile. See if they are still adequate, accurate and relevant. Being proactive
ONE STOP, for all your King Air needs.
Service (Airframe and Engines)
Contact us for Equally Comprehensive support for Citations
with your broker and the renewal process will result in managed expectations and more favorable long-lasting results, especially for our aging King Air owners and those seeking higher liability limits with single pilot authority. KA
Kyle P. White is an aviation insurance specialist for a global insurance brokerage company. He has professionally flown King Air 90s and B200s and holds an ATP and multi-engine instrument instructor license. You can reach Kyle at kpwhite816@gmail.com
Comprehensive support for all areas of your King Air
Paint and interior: Total and Partial Refurbishment.
Avionics: G1000 upgrades, Wi-Fi, Text, and Cabin Entertainment
Service Department: Phase Inspections, Component Overhaul, Mods and Upgrades from Advent, Blackhawk, BLR, and Raisbeck.
Prop Shop: Overhauls, Exchanges, Repairs, STC Conversions
Yingling, the premier full service MRO/FBO in the Southern Plains. Everything you need in one stop to make your King Air beautiful, current on technology, and wheels-up ready when you are.
Interiors
25 14 29
Exterior Paint
Winglets
Prop Sales & Service
316.943.3246 or toll free: 800.835.0083 [ FBO OPEN 24/7 ] http://www.yinglingaviation.com
LOCATED AT THE DWIGHT D. EISENHOWER NATIONAL AIRPORT2010 AIRPORT ROAD, WICHITA, KS 67209
Avionics
18 • KING AIR MAGAZINE
NOVEMBER 2022