NATA & USAIG Partner To Provide NATA Members:
The Aviation Industry’s Premier
Workers’ Compensation Insurance Program
Featuring:
- Highly competitive rates
- Industry-leading service
- More than 800 NATA member companies enrolled in the program
- Unique retrospective rating formula that yields a Good Experience Return issued to Participating Members in December. The Good Experience Return has averaged more than 19 percent since program inception
- Underwritten by USAIG — America’s first name in aviation insurance — managed by USAU (a division of Berkshire Hathaway), has provided the coverage since the plan’s inception.
- Provides key support for NATA’s advocacy efforts on behalf of NATA member companies
NATA Workers’ Compensation Insurance program partner, USAIG, began hosting a FREE series of webinars, starting on July 27, addressing the types of workers’ compensation losses that participating aviation members are experiencing.
Click here for resources from this webinar.
Why USAIG?
USAIG’s unparalleled financial strength and stability generate the capacity needed to insure any size aviation exposure. USAIG is the first name in aviation insurance.
The experience and expertise of USAIG’s staff enable it to provide the most comprehensive array of underwriting, claims handling and value-added services in the aviation insurance industry.
USAIG’s managers employ consistently sound underwriting practices and procedures. This provides policyholders with the best aviation insurance value available.
There is no need to change your insurance agent/broker when you join the plan. He or she will remain in the loop to answer questions and assist with placing coverage.
There are USAIG underwriting offices nationwide to provide you with prompt, expert service on both coverage and claims.
New
In continued efforts to further educate our program participants and help perpetuate Good Experience Returns, USAIG conducted a study of the claims submitted. The study reviews ten years of workers' compensation related accident data and is important to NATA and program participants in helping to combat frequently occurring incidents and accidents. In early 2011, NATA and USAIG will develop and launch additional training opportunities based on the information found in this study.
Program History
The NATA/USAIG Workers’ Compensation Program was created in 1975 for the National Air Transportation Association (NATA) with three specific goals in mind:
• Provide NATA members with a dependable long-term market for workers’ compensation insurance;
• Structure the plan in such a way that if the overall loss experience of the participating members is favorable, participants would share in the return of a portion of the premium at the end of the policy year (Good Experience Return); and
• Make joining the program as easy as possible.
Today, after 36 years of continuous operation, the plan has attained or exceeded every goal established by its founders.
Highlights of the plan:
• Since its inception, the plan has annually distributed a Good Experience Return to participating members. Through 2009, plan participants have received over $75 million in Good Experience Returns.
• The number of participants has continued to grow – from 76 original members in 1975 to more than 800 in 2010.
• USAIG — America’s first name in aviation insurance — managed by USAU (a division of Berkshire Hathaway), has provided the coverage since the plan’s inception.
With all this, we feel the NATA/USAIG Workers’ Compensation Program is not only the finest workers’ compensation insurance plan on the market, but one of NATA’s most valuable member benefits.
To enroll or learn more, contact:
(1) 1-212-859-3988, or
(2) Your agent or broker to get in touch with one of the USAIG offices.
(3) You also can download and have your agent/broker mail your completed workers' compensation insurance application, together with a completed USAIG Pilot Record form for each of your pilots, to the nearest USAIG office.