Synthesis of Information Related to Airport Problems. Topic S01-03. Airport Insurance Coverage and Risk Management Practices

With airport operators responsible for a wide range of activities, and the potential for litigation to arise from a variety of events occurring on and off the airport premises, airports typically purchase insurance coverage to mitigate against risk of loss, as well as self-insure or obtain specific deductibles/retentions for certain risks. Since the 9/11 terrorism attack, and in the aftermath of various hurricanes and other natural disasters, significant challenges have been posed to airport authorities with regards to their property and casualty insurance needs. Airports in some locations have experienced challenges in obtaining insurance coverage. While some airport authorities have a risk manager and established practices to determine their needs for each of these coverages, others do not. In those cases, the airport authority must rely solely on the recommendations of a hired risk management consultant or insurance broker, or to simply continue to renew insurance coverage annually without any additional analysis. The objective of this project is to synthesize current practices airport operators use in deciding insurance requirements and risk management activities.. The audience for this report is airport executives and risk managers. A synthesis of practices will review literature and survey a representative sample of airports to report on airport insurance coverages. The report will document current practices and identify the key factors for airports to consider when making decisions on their own insurance requirement needs and risk management practices.


  • English


  • Status: Active
  • Contract Numbers:

    Project 11-03, Topic

  • Sponsor Organizations:

    Federal Aviation Administration

    800 Independence Avenue, SW
    Washington, DC  USA  20591

    Airport Cooperative Research Program (ACRP) Synthesis

    Transportation Research Board
    500 Fifth Street, NW
    Washington, DC    20001
  • Project Managers:

    Staba, Gail

  • Performing Organizations:

    Transportation Research Board

    500 Fifth Street, NW
    Washington, DC  USA  20001
  • Start Date: 20100409
  • Actual Completion Date: 20110601
  • Source Data: RiP Project 24611

Subject/Index Terms

Filing Info

  • Accession Number: 01461759
  • Record Type: Research project
  • Source Agency: Transportation Research Board
  • Contract Numbers: Project 11-03, Topic
  • Files: TRB, RiP, USDOT
  • Created Date: Jan 3 2013 1:51PM