international union of aerospace insurers
London
Formed in 1934, the International Union of Aerospace Insurance (IUAI) has been
representing the interests of the aerospace insurance and reinsurance industry
for over 80 years. In just over a century of manned flight, the aerospace sector
has developed and changed beyond all recognition, and the members of the Union
have had to develop and adapt to meet the demands of an expanding customer base,
new technologies and ever changing international legal regimes. With Membership
standing at 66 entities, comprising insurers, reinsurers and associations drawn
from 28 different countries, we estimate that some 90% of the worldwide
aerospace insurance cover is written by our members who between them provide
cover for every aspect of aerospace business: • from privately-owned ultralights
to entire airline jet fleets • from maintenance shops to airframe and engine
manufacturers • from small general aviation airfields to major airports • from
micro-satellites to commercial space launchers. The Union’s offices are located
in Threadneedle Street, in the centre of the insurance sector of the City of
London.
