Brokers

Since its formation in 1954, the Aircraft Builders Council (ABC) program has provided products liability insurance for aviation and aerospace manufacturers and major service and repair organizations. ABC continues to be the leader in developing coverage to satisfy the dynamic needs of the industry that it serves. The ABC program provides the aviation broker community with a streamlined efficient facility for higher limits of liability for their aviation/aerospace clients.

ABC's Current Aviation Coverages

Please click on each coverage offering below for more details.

ABC Master Lineslip - Aviation Products and Grounding Liability (USD1bn limit)

ABC Master Lineslip - Wordings and Forms

ABC U.S. Portal - Aviation Products and Grounding Liability (USD50m limit)

ABC Product Recall - Aviation Recall Policy Aimed at Tier 2, 3 and 4 Suppliers

Coordinating Broker

Price Forbes in London serves as the coordinating broker for the ABC Aerospace Liability Insurance Program. The coordinating broker's role is:

The placement of the Master ABC Aerospace Liability Insurance Program into the insurance market.
To report to the trustees and underwriters information pertaining to the administration of the program and to keep them updated regarding market conditions.
In addition, the coordinating broker runs a separate secure office on behalf of the ABC in London that records individual declarations in order to provide the leading underwriters and trustees with statistical data relating to all aspects of the program.

Price Forbes
David Sales
Davidsales@priceforbes.com