Mountfitchet enters partnership with ARGUS
ARGUS International has entered a strategic partnership with Mountfitchet Risk Solutions who will provide discounts and other key incentives exclusively to ARGUS rated operators and charter brokers electing coverage in Mountfitchet’s proprietary Aircraft On Ground (AOG) insurance program.
The partnership was made public at the Air Charter Expo 2016 held at London Biggin Hill Airport.
AOG Protect was designed by Mountfitchet Risk Solutions to limit the financial loss associated with charter flights that have been grounded for mechanical or other issues.
The insurance capacity for AOG Protect is being provided by Swiss Re Corporate Solutions – a division of global reinsurer Swiss Re which solves the risk management and financing needs of corporations around the world.
The strategic partnership between ARGUS International and Mountfitchet Risk Solutions provides a discount for ARGUS rated commercial operators, charter brokers, and corporate operators.
“We are very excited to partner with such a well-respected organisation such as ARGUS International.”
Oliver Clarry-Risk, managing partner of Mountfitchet Risk Solutions said: “We are very excited to partner with such a well-respected organisation such as ARGUS International. This agreement will reward operators, brokers, and flight departments who take the necessary steps to operate as safely and reliably as possible”.
Joe Moeggenberg CEO of ARGUS added: “As reliable as business aircraft have become today, situations still occur that result in the grounding of an aircraft in the middle of a trip, resulting in stress and anxiety for the passengers, pilots, operators and charter brokers. ARGUS believes that the AOG Protect coverage will provide peace of mind for the passengers and a cost effective solution for the operators and brokers whose primary objective is to provide safe and seamless air transportation for their clients. We want to applaud Mountfitchet for bringing such a unique and valuable new product to the whole business aviation marketplace.”