'All change' - adjusting losses on new generation passenger aircraft

The Old Library, Lloyd's
Wednesday, 21 March 2018
1:15 pm – 2:00 pm
    • John Bayley, Regional Director, Europe and Russia, McLarens Aviation
  • Aviation webinar

In this IIL aviation lecture John Bayley discussed the changing environment of aviation claims due to the introduction of new technology and some business aspects that influence the costs being generated in claims and considerations needed in various methods of adjustment.

John explained that as new technologies are rapidly being used in aircraft and engine design, the event of a loss brings the cost and availability of those into focus. New repairs and inventory material management techniques play a large role in the consideration of claims handling. The costs associated with new repair methods have brought pressures that require thinking outside of the traditional time and material repair solutions. In conclusion, John discussed some of the recent trends seen in the way the manufacturers have developed their products and some of the considerations that need specific skills in the course of claims management.

By the end of this lecture members will have gained an insight into:

  • The new technology and materials used in modern passenger aircraft
  • An understanding of how engine technology continues to develop
  • The implications of these technological changes to the cost of claims and in addition the change that this new technology signifies for the claims profile that the aviation insurance market will face in the future

Speaker Bio:
John is the Regional Director for McLarens Aviation, Europe and Russia. Qualifying as an Aircraft Engineer he also became a Private Pilot and won an international scholarship to study engines. His knowledge, skills and diplomacy are used handling aviation claims.

Trehane Oliver, Business Development Director, McLarens Aviation.

  • The Old Library, Lloyd's
  • One Lime Street
  • London
  • EC3M 7HA
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IIL lectures are open to CII and PFS members
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CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.