Just an update to any
SkySmith customers that have heard rumors and comments about Britt
Paulk. My recommendation is to get the facts, from a trusted
source, so you can make an informed decision as a consumer.
Britt Paulk’s "underlying" insurance company/carrier is getting
out of aviation. That doesn't mean Britt Paulk is getting out of
aviation. Britt Paulk will continue to offer renewal quotes until
November 20, 2012 and I assume, will start quoting again as soon as they
have secured a replacement "underlying" insurance company.
This type of thing happens in this market and SkySmith has seen this before
with other underwriters. Insurance is a highly regulated industry
and every state's Insurance Commissioner is looking out for their
consumers. Britt Paulk is sending out required notices and the earth
continues spinning on its axis.
In my agency, we shop the
entire market so our customers know their options, including Britt Paulk when
Even large companies like AIG
(currently known as Chartis) have had some turbulent times.....
and Chartis is a dominant player in the aviation marketplace. And
NEWS FLASH I understand they are converting back to AIG in the not too distant
Feel free to contact me about any
questions you may have. Remember I work for you.