Aviation division features Ireland’s only aviation insurance brokerage
Dublin, July 12 - Aon plc ((NYSE: AON), a leading global professional services firm, today announced the launch of a new division in Ireland with a specialist team that will help organisations across the aviation industry to effectively manage an evolving risk landscape.
Aon Ireland’s new aviation division features Ireland’s only aviation insurance brokerage led by a team of aviation and insurance specialists which can help service and enable companies within the sector to manage all their insurance and risk management needs from Ireland.
The new aviation team will be the company’s first in Ireland, growing Aon’s global footprint in the sector. Aon Ireland will offer consultancy services, analytical tools and risk management solutions to leaders within the aviation ecosystem.
Aon Ireland aims to grow its presence in the aviation sector significantly over the next three years. The aviation leasing and finance industry is a critical part of the Irish economy which is worth an estimated $4.6bn annually. 60 percent of the world’s aircraft leasing companies are based in the country, with the industry as a whole supporting approximately 42,000 jobs in Ireland.
The new division will be led by Jimmy Klebovitch and Graham Caffrey. Jimmy has over ten years of experience working in the aviation insurance industry. He previously held the position of senior insurance manager at AerCap, a leading aircraft lessor and afterwards worked in an aviation insurance broker, servicing their leasing portfolio. He is an adjunct lecturer on Aircraft Leasing and Aviation Insurance at the IFURTA, an aviation law and management institute, which is part of the Aix-Marseille University in France. Graham Caffrey has over fifteen years of experience within the insurance industry, holding various roles providing risk solutions and consultancy services to clients across a range of sectors, and focusing on aviation for the past six years.
The new division will be underpinned by Aon’s international team of aviation experts and proven track record in the industry globally. Aon represents more than 50 percent of aviation firms worldwide and transacts approximately 30 percent of all aviation reinsurance business across the globe.
Commenting on the new division Rachael Ingle, CEO at Aon Ireland said: “The launch of our new aviation division marks an exciting milestone for Aon Ireland as we service the needs of this strategically important sector. Ireland is the leading center for aircraft leasing globally with over $100 billion of assets managed from this island.
“However, with many firms in the aviation sector navigating increased volatility from climate change to skills shortages, industry leaders located in Ireland need expert advice to shape decisions for the better. Through our growing team of experts located in Dublin and our specialists globally, we will be uniquely positioned to help manage the cost of risk and fuel the sustainable growth of the industry.”
Jimmy Klebovitch, Aviation Industry Lead at Aon Ireland commented: “I’m delighted to take on the role of aviation lead at Aon Ireland and launch our new division in Ireland. The creation of our new aviation team will enable Aon to become Ireland’s only one-stop risk management provider and the only aviation specialty broker with a dedicated team located here. Through our innovative risk management and insurance solutions, organisations across the aviation ecosystem can manage the cost of risk right here in Ireland.
Graham Caffrey, Aviation Client Service & Development Leader at Aon Ireland commented: “I’m looking forward to working closely with our worldwide team of aviation experts to ensure that aviation businesses in Ireland are prepared for these increasingly interconnected global risks and can leverage exciting possibilities for growth in the industry.”
To learn more about the division, please visit: https://www.businesspost.ie/news/global-professional-services-firm-aon-announces-specialist-irish-aviation-division/
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries and sovereignties with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.
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