September 9, 2008
The AOPA Insurance Agency was honored on its tenth anniversary today in Colorado Springs, Colo. AIG Aviation (one of the insurance underwriters used by the AOPA Insurance Agency) presented AOPA President Phil Boyer with a plaque acknowledging the agency's superior service to general aviation pilots.
Since its founding, the AOPA Insurance Agency has become the largest light aircraft insurance agency in the world. It offers policies from "A-rated" insurance companies so pilots can find the one that best fits their needs.
The presentation was made during a joint meeting AOPA and the AOPA Insurance Agency held with key insurance underwriters including AIG Aviation, Global Aerospace, USAIG, and USSIC. The group spent two days reviewing insurance issues facing pilots and owners and shared ideas on helping to solve the growing small flight school issues and how to better serve AOPA members.
"Ten years ago AOPA made the tough decision to form an agency that members would own (along with our equal partner, AON), rather than the traditional association model of endorsing an agency or underwriter and getting a small royalty, said Boyer. "AOPA members now have an equity interest in this very successful agency. Annual profit from the venture helps to fund AOPA projects such as Airport Watch, Be A Pilot, and other efforts that depend so heavily on AOPA Certified Member Products."
Earlier this year, the AOPA Insurance Agency introduced special AOPA member-only discounts for owners, renters, and CFIs. AOPA members may qualify for a five-percent AOPA-member-only discount when their owned policy is placed with AIG Aviation. AOPA members with renter and CFI policies through AIG Aviation may qualify for a 10-percent AOPA-member-only discount at renewal if the pilot has maintained a good flying record during the policy year.
"Our goal has always been to offer the best possible policy at the best price, "said AOPA Insurance Agency Executive Vice President and General Manager Greg Sterling. "Over the course of 10 years, we've built a reputation for helping pilots keep their costs down."
For more information, contact the AOPA Insurance Agency at 800/622-AOPA (800/622-2672).
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