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VB Bind Speed

Aviation Insurance Platform for Brokers

For brokers looking to insure non-commercial aircraft used for pleasure or business, VB Bind Speed is an online platform that enables them to quote, bind and instantly obtain full policies for eligible accounts.

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Coverage

  • Broad coverage form with wide variety of supplemental coverages
  • Limits up to USD 1 million CSL or USD 2 million/250 thousand per seat

Benefits and Services

Once a policy is bound, brokers can access VB Bind Speed’s advanced service policy capabilities to:

  • Instantly generate a variety of certificates and associated endorsements
  • Easily make routine policy changes, including adding and deleting pilots/aircraft, changing coverage, and auto-generation of associated endorsements
  • Access an easy-to-view dashboard of relevant policyholder information, including full data on aircraft, pilots, limits and a complete repository of all policy documents
  • Process cancellations or renewals

Client Profiles

  • Broad appetite - most single and multi-engine piston aircraft up to 6 seats manufactured back to 1945
  • Simplified Pilot Qualifications
  • Hull values from USD 15 thousand to USD 500 thousand

The information contained herein is intended for informational purposes only. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy wordings for specific coverage details. AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk Consulting. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

US- and Canada-Issued Insurance Policies. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group.

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