United States Aircraft Insurance Group - USAIG

The United States Aircraft Insurance Group (USAIG) is probably the coolest kind of insurance yet. After WWI, flying ace Reed McKinley Chambers and pilot David C. Beebe decided to be all entrepreneurial and create Florida Airways, the first company that flew mail as a service for the U.S. After some flying mishaps put the company in trouble, USAIG was created to insure aviation.

Why is aviation insurance so important? Aviation insurance covered the first B-52 bomber, the first commercial flight on a Boeing 747, and even the flight that broke the sound barrier in 1968, which happened to be flown by Chambers, the USAIG founder. Casual. Coincidental? We think not.