In a recent Risk & Insurance article, Ernest DeSpain, SVP, Aviation, Sompo U.S. Insurance, shares his perspective on post-pandemic aviation risks. “The pandemic may not yet be fully behind us, but the aviation industry is getting closer to pre-pandemic rates with every month that passes,” he wrote.
Even as things start to look a bit more normal, the aviation industry realistically faces several years of challenges before it would completely cycle out of this pandemic period. But as consumer confidence grows and people begin traveling more, there are several unique risk management challenges that may arise that aviation underwriters are watching closely.