An essential must-have for any aviation professional that has an interest in insurance, this course offers you an overview of the law of aviation insurance and provides much-needed clarity on the clauses and policies that cover (war and non-war) hull, spares and liability risks in the London market.
On completion of the course you will be able to identify the various types of (war and non-war) insurance coverage available to aircraft operators in the London market, make informed decisions about which clauses/policies to purchase, evaluate the relevant legal and operational factors when interpreting them in cases of cover disputes and manage claims in compliance with the insurance program.
You will critically examine a wide range of standard (Aviation Policy Clauses (AVNs) / Aviation Slip Clauses (AVSs) / London Standard Wording (LSWs) and tailor-made contracts/clauses available to aircraft operators and aircraft financiers, explain the process and the parties involved in purchasing (re)insurance cover and how to settle insurance claims in the London market. You will explore compulsory insurance requirements in several jurisdictions and review standard insurance certificates.
This course is available at IATA Training Centers and Regional Training Partner locations, and on-demand as in-house training.
Course code: TALL-07
On completion of this course you will be able to:
This course is recommended for:
An IATA Certificate of Completion is awarded to participants obtaining a grade of 70% or higher on all exercises and exams. A special distinction is awarded to participants obtaining a grade of 90% or higher.
Participants will be introduced to administrative law and the role of the Federal Aviation Administration (FAA) in the rule making process, the FAA enforcement process, and role of NTSBs in the appeals process.
A comprehensive overview of the legal regimes applicable to all aspects of the aviation industry.