Skyward Specialty Insurance Group (Skyward Specialty) has teamed up with Acceleration Aviation Underwriters to launch a comprehensive aviation insurance programme.
This collaboration aims to provide coverage options to commercial and general aviation aircraft, fixed base operators, flight schools, and both public and private airports, among other aviation-related enterprises.
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The underwriting process is conducted by Acceleration Aviation’s team of specialists, who utilise a nationwide network of independent agents to offer coverage.
Known for its commercial property and casualty products, Skyward Specialty operates across eight underwriting divisions that include industry solutions, professional lines, programmes, and surety.
The company offers solutions on both a non-admitted and admitted basis.
Skyward Specialty president of captives, programmes and alternative risk Kirby Hill said: “Joining forces with Acceleration Aviation enables us to offer comprehensive, reliable solutions to an industry where adequately addressing capacity and coverage has been a challenge.
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By GlobalData“Our entry into this market demonstrates our commitment to identifying and capitalising on growth opportunities that align with our strategy to reach underserved markets.”
Acceleration Underwriters president Chris Jones said: “Our team at Acceleration Aviation is excited to bring our expertise in aviation insurance to our partnership with Skyward Specialty. We look forward to growing a profitable book of aviation insurance business to contribute to Skyward Specialty’s already impressive success in the P&C market.”
Earlier this month, Skyward Specialty broadened its portfolio by foraying into the mortgage (re)insurance market.
To support this expansion, Jean-Philippe Latour was appointed as senior vice president in May 2024.
In September 2023, the company also introduced a new solution targeting the unique needs of E&S individual providers, including physicians.
This move formed part of Skyward Specialty’s plan to extend its healthcare appetite and individual provider coverage within the E&S sector.
