Redline Launches General Aviation Insurance Solution in Collaboration with Allianz
Miami, FL – December 26, 2024 – Redline Underwriting is proud to announce the launch of its General Aviation Insurance solution, developed in collaboration with Allianz Commercial from their UK region. Designed specifically for the Latin American and Caribbean markets, this offering provides comprehensive coverage for private, pleasure, and business fixed and rotor wing aircraft.
The new product will cater exclusively to operations in Latin America and the Caribbean, leveraging Redline’s extensive distribution network and advanced technological capabilities. These tools enable precise underwriting driven by key data points whilst addressing the unique needs of small and medium aircraft operators in the region.
"This launch is a significant milestone as we continue to deliver bespoke solutions to underserved aviation markets. Latin America and the Caribbean represent vibrant and growing aviation sectors with tremendous potential. Through our collaboration with Allianz Commercial, we are excited to combine cutting-edge underwriting technology with strategic distribution to provide innovative, reliable insurance products that meet the needs of this region." said Juan Salazar, Managing Director of Redline Underwriting.
Starting January 1, 2025, the General Aviation solution will be available for underwriting, marking an exciting new chapter for Redline as it strengthens its presence in the aviation sector.
For inquiries or more information, please contact:
Juan Salazar, Managing Director
juan.salazar@redlineuw.com or call +1 (321) 429-7074
About Redline
Redline Underwriting is a leading managing general agent (MGA) delivering tailored insurance solutions across the Latin American and Caribbean markets. Specializing in property, casualty, aviation, and specialty risks, Redline leverages local market expertise and advanced technology to address the specific needs of businesses in these regions.
With a focus on precision underwriting, comprehensive risk assessment, and reliable claims support, Redline is committed to excellence in serving its clients. Supported by strong partnerships and an extensive distribution network, Redline aims to provide secure, forward-thinking insurance solutions that foster growth and resilience in an ever-evolving market landscape.
About Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry, as well as family-owned and medium enterprises, which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions.
Powered by the employees, financial strength, and network of the world’s #1 insurance brand Allianz, as ranked by Interbrand, we work together to help our customers prepare for what’s ahead: They trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services as well as seamless claims handling.
The trade name Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either though our own teams or the Allianz Group network and partners. In 2023, the integrated business of Allianz Commercial generated around €18 billion in gross premium globally.
