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NationAir Announces New NBAA Workers’ Compensation Insurance Program
Partnership with Phoenix Aviation Managers Aims to Reduce NBAA Members’ Insurance Costs
WASHINGTON, DC—May 4, 2009—A new National Business Aviation Association (NBAA) workers’ compensation insurance program is offered exclusively to NBAA Members as of May 1. The NBAA Workers’ Compensation Insurance Program is underwritten by Phoenix Aviation Managers, Inc., and the program is administered by NationAir Aviation Insurance of Chicago.
“As our Members seek to reduce operating costs in today’s challenging economic environment, we believe that this program will provide high-quality workers’ compensation insurance at a reduced price,” said NBAA President and CEO Ed Bolen.
In addition to reducing the cost of workers’ compensation insurance premiums for NBAA Members, the program benefits the organization itself. A small, but meaningful, portion of the premium proceeds paid into the program will come back to NBAA to fund its mission of assisting companies that rely on general aviation aircraft to make their businesses more efficient, productive and successful.
“We are honored to have been officially recognized by NBAA as the licensee to administer this money-saving program to the general aviation community,” said NationAir President Jeff Bauer. “After detailed discussions with NBAA and Phoenix Aviation Managers, we have been able to design a program that addresses the unique needs of NBAA Members.”
All NBAA Members that operate aircraft are eligible for this program, regardless of size or Member category. There are even provisions for contract pilots.
NBAA Member Companies that already have an aviation insurance provider can simply contact their current broker, who will be able to obtain the workers’ compensation insurance through Phoenix Aviation Managers.
Interested aviation insurance brokers should contact Phoenix Aviation Managers. NBAA Members can learn more by visiting www.nbaaworkerscomp.com. Non Members can take advantage of this money-saving program by joining NBAA, and membership information is available at www.nbaa.org/Membership.
About NBAA
Founded in 1947 and based in Washington, D.C., the National Business Aviation Association (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. The Association represents more than 8,000 companies and provides more than 100 products and services to the business aviation community, including the NBAA Annual Meeting & Convention, the world’s largest civil aviation trade show. Learn more about NBAA at www.nbaa.org.
About NationAir
As one of the nation’s oldest and largest aviation insurance providers, NationAir offers clients the influence of a large, national brokerage along with the ability to create a personal relationship with a local broker. The company, headquartered in Chicago, has offices located at regional airports throughout the country. From large ground operations and corporate flight departments to specialty aircraft and owner-flown planes, NationAir represents all types of aviation assets, helping clients manage and minimize risks to reduce premiums and expand their coverage. NationAir works with all major underwriters and has been a pioneer in developing unique programs that help the general aviation community operate safely and securely. For more information, visit www.nationair.com.
About Phoenix Aviation Managers
Since 1983, Phoenix Aviation Managers, Inc. has been serving the general aviation community by offering a wide range of insurance products through local independent agents and insurance brokers. Phoenix is a wholly owned subsidiary of Old Republic International Corporation, an insurance holding company whose subsidiaries market, underwrite and provide risk management and insurance services for a wide variety of coverages in property and liability, title, mortgage guaranty and title insurance. One of the nation’s 50 largest publicly held insurance enterprises, Old Republic International Corporation has assets exceeding $12 billion and capitalization of more than $4 billion. For more information, visit www.phoenixaviationmgrs.com.
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