Revealed: Insurance Broker For Ethiopian Airlines Crash

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Revealed: Insurance broker for Ethiopian Airlines crash

Global insurance brokerage and risk management firm Willis Towers Watson (WTW) has announced it is the insurance broker for Ethiopian Airlines, according to a Reuters report.

The announcement was made by a WTW spokeswoman on Monday, just hours after a Boeing Co. 737 Max operated by Ethiopian Airlines plunged to the ground shortly after take-off from Addis Ababa in Ethiopia, killing all 157 people on board.

The WTW spokeswoman added that Chubb is the lead underwriter for the Ethiopian Airlines account. The global insurer is yet to respond to media requests for comment.  

Flight ET302 left Addis Ababa at 8:38am local time and was bound for Nairobi, Kenya. Contact with the jetliner was lost by 8:44am, according to Ethiopian Airlines. The firm’s chief executive officer Tewolde GebreMariam said the pilot reported problems shortly after takeoff and was cleared to return to the airport.

The jetliner was carrying people from 35 nations on board, including 32 Kenyans, 18 Canadians, nine Ethiopians and eight Americans. The United Nations said it lost 19 staff members in the crash, who were traveling to an environmental conference this week in Nairobi.