McLarens Aviation has been appointed to handle claims emanating from the Virgin Galactic Space Ship Two crash, Post understands.
One pilot was killed and another seriously injured when the spaceship crashed in California’s Mojave Desert during a test flight on 31 October 2014.
AIG was reported to be the lead insurer for the craft, which was insured against losses of around $40m (£25m) to $50m.
Well-placed sources have since revealed to Post that McLarens’ aviation business is the sole loss adjuster dealing with the Virgin Galactic claims.
A McLarens spokesman declined to comment.
Meanwhile, earlier this week A.M. Best claimed that the crash of the Virgin Galactic test flight and the earlier Antares rocket explosion will put upward pressure on rates across the aviation sector.
This article was published in the 13 November edition of Post magazine.
McLarens Aviation Handling Virgin Galactic Claims
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