Air Union Insurance Brokers Co., Ltd.

Posted by at 14 October, at 23 : 57 PM Print

Air Union Insurance Brokers Co., Ltd.

    Air Union Insurance Brokers Co., Ltd. (hereinafter referred to as AUIB) founded with the approval of the China Insurance Regulatory Commission was jointly incorporated in August of 2004 by 13 state-owned companies of China including China National Aviation Holding Company, China Eastern Air Holding Company and China Southern Air Holding Company. Headquartered in Beijing and with a registered capital of RMB 50 million, AUIB mainly provides broking services with respect to high risk and special risk insurance. Taking “people essence & client first, integrity & sincerity, dedication &diligence,Co-development & Win-win Success” as corporate values, AUIB shall make best efforts in constructing a leading and world-famous insurance broker in China.

Advantages of AUIB

    We are proud of our team of professionals in insurance, financing, aviation, finance and law and our close partnerships with the world’s top three insurance brokers. Our extensive network of international contacts, proven expertise and practical experiences all keep us in touch with the latest industry developments. We are a dominant domestic insurance broker in aircraft and airline liability insurance, airport liability insurance, air traffic control liability insurance and aircraft manufacturing and repairer liability insurance, all of which are special insurance types involving high risks and requiring special expertise.

Service Commitments

    AUIB pursues a client-oriented service conception and promises to “Do What You Need to Protect Your Interest”. Our service system featuring a well-conceived mix of client managers and technical supporters ensures that our client can benefit from our professional, excellent and efficient services. Our services include insurance program design, insurer selection, insurance placement, claim handling, as well as reinsurance broking, risk management and counseling.

Business Growth

    AUIB has obtained over one hundred customers around the country within just less than two years, generating total commission revenue ranking the sixth in over two hundred insurance broker companies in 2005. Our typical insurances include: Aircraft Hull All Risks, Spares And Airline Liability Insurance, Aircraft Hull War And Allied Perils insurance, and Aircraft Hull All Risks And Spare Engines Deductible Insurance. This insurance program involves nearly twenty domestic air carriers, making us the insurance broker for the world’s second largest fleet. In airport liability insurance, we have occupied over 80% of the domestic market, serving 59 domestic airports and airport groups. In air traffic control liability insurance, we are serving seven regional aviation administration bureaus and forty-five air-traffic control organizations, making us one of the few air traffic control insurance brokers in the world. Other insurances include Directors’ & Officers’ Liability Insurance, Property Insurance, Property All Risks Insurance, Machinery Breakdown Insurance, Construction & Erection All Risks Insurance, Cargo Transport All Risks Insurance, Money Insurance, Employer Liability Insurance, Short-term Life Insurance, Health Insurance, Group or Personal Accident Insurance, etc.

Customer Portfolio

    Some of our customers are: Air China Limited , China Eastern Airlines, China Southern Airlines, Shanghai Airlines, Xiamen Airlines, Sichuan Airlines, Shenzhen Airlines, Shanghai Airport Group, Guangdong Airport Group, Yunnan Airport Group, Shenzhen Airport, Xiamen Airport, Beijing Aircraft Maintenance & Engineering Co., Ltd. (AMECO), ST Aeropace (STARCO), etc. (The order of listing does not indicate the order of importance.)

Address : 9F,CYTS Plaza,No.5,Dongzhimen South Avenue,Dongcheng District,Beijing,China
Postcode : 100007
Tel : 86-10-58157000
Fax : 86-10-58156201
Web : www.air-union.com
E-mail : public@air-union.com

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