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12 June 2023News

Aviation programme administrator announces partnership with SiriusPoint

Air Centurion Insurance Services has announced a strategic partnership with Bermuda-based SiriusPoint.

Unet the partnership. Sirius Point, a global specialty insurer and reinsurer, will provide capacity to Air Centurion, as well as collaborating on its underwriting strategy and product offering development. Air Centurion will exclusively use SiriusPoint America Insurance Company’s paper across the US.

Air Centurion offers insurance products to the aviation industry and has developed new technology based solutions utilising data and analytics to streamline the underwriting process and provide better results to our capital providers.

“This new partnership with SiriusPoint is a significant part of Air Centurion’s future growth and strategic development,” said Jason Niemela, Founder, President and Chief Executive Officer of Air Centurion. “Having the support and backing of the SiriusPoint team means we can continue to deliver a specialised offering to the market, providing products that are custom designed for each client based on their specific exposures. Our partnership with SiriusPoint underscores our commitment to deliver on our objectives to become a reliable provider of aviation coverage across the US.”

“We look forward to partnering with the Air Centurion team, combining our programmes' experience with our aviation know-how to be more than a paper and capital provider, said Patrick Charles (pictured), Head of North America Insurance. “Air Centurion is a specialist player in the niche aviation market, and a PA which matches our drive to provide security and resilience to customers.

"Our focus now is to support the further growth of Air Centurion’s underwriting expertise and product offering to the (re)insurance industry.”