Starr Companies: Global Leaders in Aviation Insurance
Starr Companies is a global insurance and investment organization, providing commercial property and casualty insurance, including aviation, marine, energy, and excess casualty insurance, to leading businesses around the world. With a history dating back to 1919, Starr has established itself as a trusted name in the insurance industry, offering innovative solutions and exceptional service.
🛩️ Expertise in Aviation Insurance
Starr Aviation, a division of Starr Companies, offers comprehensive aviation insurance solutions tailored to the unique needs of the aviation and aerospace industry. Their offerings include:
- General Aviation Insurance: Coverage for a wide range of aircraft operations, including instruction, rental, charter, aerial survey, and photography.
- Airlines Insurance: Protection for major, national, regional, and cargo airlines.
- Aerospace Manufacturers Products Liability: Coverage for manufacturers of critical and non-critical components.
- Maintenance, Repair, and Overhaul (MRO): Insurance solutions for MRO facilities on a coinsurance basis.
- Airport and Aviation Liability: Coverage for airport service providers, fixed base operators, and heliport operators.
Starr’s aviation underwriters and claims professionals possess real-world aviation experience, ensuring a deep understanding of the industry’s complexities and a commitment to proactive claims management.
🏢 Company Overview
- Founded: 1919
- Headquarters: New York City, NY, USA
- Global Presence: Operations in 128 countries across six continents
- Employees: Approximately 5,000 worldwide
- Key People: Maurice R. Greenberg (Chairman and CEO)
- Financial Strength: A.M. Best rating of “A” (Excellent)
📈 Financial Highlights (2024)
- Gross Written Premium: $11.9 billion
- Total Assets: $41.1 billion
- Shareholders Equity: $12.9 billion
🌍 Commitment to Excellence
Starr Companies 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.