KENNESAW, Ga., Aug. 2, 2012 /PRNewswire/ -- Phoenix Aviation Managers announced today that it has increased its aircraft liability per-risk capacity to $300 million.
Offered on a per-risk basis, the $300 million capacity is available to eligible aviation customers operating U.S. registered jet or turbine powered aircraft for domestic or international travel that have substantial liability coverage needs.
"The additional capacity represents Phoenix Aviation's commitment to meet the insurance needs of our customers wherever they do business," stated Ralph Sohl, Phoenix Aviation President and COO. "Now we can better serve our customers who must have higher limits to comply with the European Union's aircraft insurance requirements."
Combined with Phoenix Aviation Managers risk control services and claims expertise, this new underwriting capacity provides a comprehensive risk management approach to aircraft owners and operators.
About Phoenix Aviation Managers
Since 1983, Phoenix Aviation Managers, Inc. has been serving the general aviation community by offering a wide range of insurance products through independent insurance agents and brokers. Phoenix Aviation Managers is a wholly-owned subsidiary of Old Republic International Corporation. Insurance contracts underwritten by Phoenix Aviation Managers are issued by Old Republic Insurance Company. For more information, visit www.pamav.com.
SOURCE Phoenix Aviation Managers, Inc.