Titan Aviation Fuels subsidiary Titan Aerospace Insurance has partnered with Beacon Aviation Insurance to introduce a workers’ compensation insurance plan that brings special benefits to the owners and employees of the approximately 650 Titan-branded FBOs. According to the companies, the plan provides “substantial” benefits and cost savings compared to other insurance options.
Among the features are a flexible rate structure with upfront, guaranteed-cost premiums; an individual dividend program for payout timelines; an in-house premium audit manager; access to an online risk management library; customized risk management consultations; flexible, interest-free premium installment plans; and 24/7 online and telephone claim reporting tools.
“Titan Aerospace Insurance and Beacon Aviation Insurance are committed to building strong, lasting relationships with our policyholders while providing the essential resources necessary to protect their businesses and assets,” said Titan Aerospace Insurance CEO Jon Downey.