Swiss Re Corporate Solutions has signed an agreement with major flight simulation and training companies, which it says allows its general aviation clients in North America to increase their safety.
The program with CAE and Aviation Performance Solutions (APS) will be rolled out globally in 2014, Swiss Re said Monday.
The advanced training program, addressing loss of control in-flight, has been developed by APS, a world leader in upset prevention and recovery training (UPRT), and CAE, a leading provider of full-flight simulation training.
Both companies have been collaborating to provide UPRT for business and commercial aircraft pilots, Swiss Re said. Loss of control in-flight refers to situations outside of normal flight procedures that lead to the pilot being unable to regain control of the aircraft.
“The partners in this innovative initiative are each recognized as experts and industry leaders in their fields, similar to Swiss Re Corporate Solutions in commercial insurance,” Paul O’Ryan, head of general aviation for the Americas at Swiss Re Corporate Solutions commented in a statement.
“Combining our talents and global reach, we can elevate the importance of advanced training within the aviation industry to help mitigate fatal accidents.”
As an incentive, Swiss Re Corporate Solutions will offer premium credits to qualifying clients that can be used towards the price of the training courses, its statement noted. Both CAE and APS have discounted these courses especially for participants in this program.
“This initiative is at the leading edge of flight safety and, ultimately, passenger safety as government regulators in the United States, Canada and Europe are developing requirements to mandate this type of training program for pilots,” O’Ryan added.
“Not only is this important for the aviation industry but it also directly reduces frequency of losses within the insurance industry.”