Mailing List flyrotary@lancaironline.net Message #7544
From: John Slade <sladerj@bellsouth.net>
Subject: RE: [FlyRotary] Re: Fw: Auto conversions Insurance???
Date: Sat, 24 Apr 2004 12:12:41 -0400
To: Rotary motors in aircraft <flyrotary@lancaironline.net>
Message
Bob Mackey is the guy at Falcon who went to bat for me. I'm probably the rotary Cozy he's talking about.
I met him at Sun & Fun, thanked him for his efforts and told him I'd be in touch to see if the quote gets more reasonable when I've got 100 hrs on the plane. :)
 
He seems like a smart guy with a good understanding of what we're doing, but he's battling against a total lack of knowledge, expertise, or even perhaps, interest, in the insurance world. Incredibly I get the impression that the insurance underwriters simply don't know how to access risk, and worse, don't care. They'll underwrite a Powersport system, or a worn out Lycoming in a second, but they have to be persuaded hard to consider a rotary installed to every possible exacting standard and with redundancy built into every system. This while complaining that they're loosing their shirt and the number of companies underwriting the General AC world is reducing. They've lost 3 Cozy's to Lycoming engine failures in the past 6 months. Their reaction is to put the premiums up for all Cozy's. Why not for Lycoming powered Cozy's, since thats where the failures were. Could have been Lycoming powered 172's. Results would have been the same or, probably, worse. I hate it when big corporations forget how to THINK.
 
The one thing I learned is not to take no (or a high quote) for an answer. Just keep beating on them and make the discussions public, and eventually you wear them down.
 
John Slade
Turbo Rotary Cozy IV (without the turbo)
1.2 hrs.
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