Maintenance support and financial services provider Jet Support Services (JSSI) and aircraft insurer Starr Aviation are doubling the parts betterment coverage to $100,000 above the engine part replacement cost for Starr insurance clients enrolled in a JSSI engine programme, on jets valued over $20 million.
This expanded coverage will enable cheaper and faster claims settlement and minimise out-of-pocket expenses for unscheduled claims. Companies working with both JSSI and Starr will also have fees waived that are typically incurred with a JSSI review and oversight of the initial claim.
“We saw an opportunity to add more value to this programme for our medium to large business jet clients and decided to double the betterment coverage,” says Starr Aviation senior vice president and chief underwriting office Kyle Sparks. “Clients have already seen the benefit of our alignment with JSSI in a streamlined maintenance claims process. Expanding the coverage takes our service to another level, creating a more cost-effective experience.”
The two companies began providing this service to Starr clients in 2017. The collaborative maintenance management service enables Starr to utilise JSSI's global network of technical advisors to closely manage off-wing engine and auxiliary power unit events.
“This continued strategic alliance with Starr Aviation brings even higher levels of service and cost savings to our clients when unexpected events occur. We look forward to expanding this collaborative relationship to deliver more value to business aircraft owners and operators globally,” adds JSSI Advisory Services president Lou Seno.