Principal, Health Economics (Group Leader) The MITRE Corporation Bedford, Massachusetts, United States
A recent literature review identified limited writings on aviation insurance with wider applicable literature from health and life insurance. Key stakeholders in the aviation insurance industry and related lines of insurance were identified, including insurance companies, brokers and reinsurers. The low-frequency, high-loss nature of aviation incidents results in insurers sharing risk with other insurers by splitting coverages.
The Federal Aviation Administration (FAA) and the company MITRE are conducting research to improve pilot medical certification. Many existing certification standards are based on long-held assumptions about medical conditions and the risks they pose to pilot performance. The FAA wants to revisit these assumptions, given the evolving role of the human in advanced, automated flight decks. MITRE will identify approaches to forecasting such as employed by insurance companies to aid the Office of Aerospace Medicine to evolve medical certification.
This roundtable is designed to provide insight and information on methods the commercial insurance industry might use to determine acceptable pilot medical risk. We also want to elicit your thoughts on how the insurance industry would comprehensively approach the problem of pilot medical certification.
