Great American Insurance Group: Specialized Aviation Insurance Solutions
Great American Insurance Group, a subsidiary of American Financial Group, Inc. (NYSE: AFG), is a leading provider of specialized commercial property and casualty insurance. With a history dating back to 1872, the company is headquartered in Cincinnati, Ohio, and operates through more than 30 diversified businesses, offering a wide range of specialty insurance products.
🛩️ Expertise in Aviation Insurance
Established in 2014, Great American’s Aviation Division offers comprehensive insurance solutions tailored to the unique needs of the aviation industry. Their offerings include:
- Non-Commercial Hull and Liability: Coverage for private aircraft owners and operators.
- Commercial Hull and Liability: Protection for commercial aviation operations.
- Helicopter Hull and Liability: Specialized coverage for rotary-wing aircraft.
- Fixed Base Operators (FBO) Liability: Insurance for businesses providing aeronautical services.
- Manufacturers Product Liability: Coverage for aviation component manufacturers.
- Unmanned Aerial Vehicle (UAV) Hull and Liability: Protection for drone operators and manufacturers.
- Excess Liability: Additional coverage beyond primary liability limits.
The division’s underwriters possess extensive experience in the aviation industry, including backgrounds in air traffic control, landside operations, and commercial piloting, enabling them to analyze, price, and tailor unique aviation insurance coverage on an admitted basis.
🏢 Company Overview
- Founded: 1872
- Headquarters: 301 E. Fourth St., Cincinnati, Ohio 45202, USA
- Parent Company: American Financial Group, Inc. (NYSE: AFG)
- Global Presence: Operations in North America, Europe, Asia, and Latin America
- Employees: Approximately 7,500 worldwide
- Financial Strength: Rated “A+” (Superior) by A.M. Best
📈 Financial Highlights (2024)
- Gross Written Premium: $11.9 billion
- Total Assets: $41.1 billion
- Shareholders’ Equity: $12.9 billion
🌍 Commitment to Excellence
Great American Insurance Group is dedicated to providing top-tier insurance solutions, combining global expertise with local insights. Their commitment to innovation, customer-centricity, and sustainability positions them as a trusted partner in the aviation sector.