Old Republic Aerospace: Insuring New Horizons® in Aviation
Old Republic Aerospace, Inc. (ORAE) is a premier aviation insurance provider serving clients across the United States and Canada. With over 40 years of industry experience, ORAE specializes in delivering tailored insurance solutions that address the unique challenges of the aviation sector.
🛩️ Expertise in Aviation Insurance
ORAE offers a comprehensive suite of aviation insurance products, including:
- General Aviation Insurance: Coverage for private and business aircraft operations.
- Airlines Insurance: Protection for commercial airline operations.
- Aerospace Manufacturers Products Liability: Coverage for manufacturers of aircraft and aerospace components.
- Maintenance, Repair, and Overhaul (MRO): Insurance solutions for MRO facilities.
- Airport and Aviation Liability: Coverage for airport operators and related services.
- Unmanned Aircraft Systems (UAS): Policies for drone operators and manufacturers.
- Workers’ Compensation: Specialized coverage for aviation industry employees.
ORAE’s team of experienced underwriters and claims professionals work closely with clients to develop customized insurance solutions that address the specific risks associated with aviation operations.
🏢 Company Overview
- Founded: 1983 (as Phoenix Aviation Managers)
- Rebranded: 2015 as Old Republic Aerospace, Inc.
- Headquarters: 1990 Vaughn Road, Kennesaw, GA 30144, USA
- Parent Company: Old Republic International Corporation (NYSE: ORI)
- Global Presence: Operations across the U.S. and Canada
- Employees: Approximately 116
- Key People: Ralph Sohl (President & CEO)
- Financial Strength: Rated A+ (Superior) by A.M. Best, A2 by Moody’s, and A+ by Standard & Poor’s
📈 Financial Highlights
- Annual Revenue: Approximately $11.1 million
- Parent Company Assets: Approximately $15.87 billion
🌍 Commitment to Excellence
Old Republic Aerospace is dedicated to delivering 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.