Effective January 1, 2025, the new offering will provide comprehensive coverage for private, pleasure, and business fixed and rotor wing aircraft operating within Latin America and the Caribbean.

Leveraging Redline’s extensive distribution network and cutting-edge technology, this product will use essential data to underwrite risks accurately and effectively meet the needs of small and medium-sized aircraft operators in these regions.

Juan Salazar, Managing Director of Redline Underwriting, commented, saying: “This launch is a significant milestone as we continue to deliver bespoke solutions to underserved aviation markets. Latin America and the Caribbean represent vibrant and growing aviation sectors with tremendous potential.

He added: “Through our collaboration with Allianz Commercial, we are excited to combine cutting-edge underwriting technology with strategic distribution to provide innovative, reliable insurance products that meet the needs of this region.”