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FOR IMMEDIATE RELEASE
OLDWICK - AUGUST 09, 2018 02:31 PM (EDT)
In this A.M. BestTV episode from the annual Vermont Captive Insurance Association (VCIA) conference in Burlington, VT, risk professionals behind a risk retention group devoted to covering hang gliders and their associations describe how they crafted their own risk solution after losing traditional coverage.
Click on http://www.ambest.com/v.asp?v=hanggliding2818 to view the entire program. For full video coverage of the VCIA 2018 conference, including exclusive executive interviews, visit http://www.ambest.tv/vcia18 .
Jason Stubbs, an actuary with Risk International Actuarial Consulting, said that the formation of the Recreation Risk Retention Group was crucial to keeping the sport alive.
“I think the entire sport was at risk of going away,” said Stubbs. “There’s a liability issue there. If they couldn’t get that insurance, they wouldn’t be able to fly.”
Also appearing in this episode:
Other VCIA-related episodes of A.M. BestTV include:
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