Colt International, a provider of contract fuel and trip support, has entered the aviation insurance business with the introduction of Colt Risk Management Services, LLC (CRMS). The company will provide custom solutions for virtually any aviation-related risk, according to officials.
“Risk management is about much more than just placing insurance policies,” said Colt International President Malcolm Hawkins. “It requires a complete understanding of the challenges unique to aviation. Since we work closely with more than 4,000 flight departments and more than 3,000 fueling and handling destinations, our people are especially well-positioned to understand what these challenges and opportunities are.”
According to Hawkins, CRMS will partner with The SilverStone Group, one of the insurance industry’s most respected companies. “We searched long and hard for an experienced partner that would share our passion for outstanding service. SilverStone quickly became the clear choice. For more than 65 years, they have proven that there is nobody better at matching clients with the most comprehensive and cost-effective coverages available.”
Colt Risk Management Services has appointed John Springrose, formerly with Chartis Insurance, to lead its day-to-day operations. “It is not enough to simply cover the basic liabilities of a client’s core aviation business,” Springrose said. “It is important to guard against any potential losses that could impact an organization’s long-term viability. That’s why we offer a full range of risk management products, including SMS gap analysis and implementation, IS-BAO auditing and registration, General Liability, Foreign Coverage, Loss of License, Workers’ Comp, Property, Employee Benefits, and much more.”
For more information: 281-280-2100 or ColtInternational.com