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CONTENTS 1 SUMMARY 7 CHAPTER ONE INTRODUCTION Background, 7 Objectives of Study, 7 Scope of Study, 7 Study Methodology, 7 Organization of the Report, 9 10 CHAPTER TWO AIRPORT OPERATOR INSURANCE-BUYING PRACTICES Use of Brokers, 10 Insurance-Purchasing Decisions, 10 Interview ResultsâInsurance-Purchasing Decisions, 12 13 CHAPTER THREE AIRPORT RISK MANAGERâS ROLE Airport Risk Managers, 13 Risk Analysis, 13 Priority of Exposures, 14 Claims Administration, 15 Increasing Importance of Risk Management at Airports, 15 Interview ResultsâRisk Managerâs Role, 16 17 CHAPTER FOUR COVERAGE SELECTION Property and Liability Insurance, 17 Insurance for Construction, 17 War Risk and Terrorism Insurance, 18 Interview ResultsâCoverage Selection, 19 20 CHAPTER FIVE PRACTICES FOR CHOOSING DEDUCTIBLES AND LIMITS Deductibles, 20 Limits, 20 Interview ResultsâDeductibles and Limits, 21 22 CHAPTER SIX RISK RETENTION Self-Insurance, 22 What Compels an Airport Operator to Self-Insure?, 22 Assessing the Viability of Self-Insurance, 23 Forgone Coverage Types, 23 Selection of Deductibles, 23 25 CHAPTER SEVEN CONCLUSIONS 27 REFERENCES 28 BIBLIOGRAPHY 29 GLOSSARY
32 APPENDIX A SURVEY QUESTIONNAIRE 42 APPENDIX B LIST OF SURVEY RESPONDENTS 44 APPENDIX C INTERVIEW QUESTIONS 46 APPENDIX D LIST OF INTERVIEWEES 47 APPENDIX E INTERVIEW RESPONSES
