Centaurus, how long has it been since you have had to deal with insurance companies?
The problem is they are rising their premiums and the minim required hours. They are getting tighter with named pilots. So the lower the hours they perceive a higher risk and so, if they do insure you, the premiums go through the roof.
Company policy reflects the minim hours before a hike in premiums kick in. Touch wood we have a nil accident history and a few aircraft on the same policy, so I don't know how companies get on that have had a bad history.
We put our own guys in with less than 500 hours ME, they do ICUS with us no cost and if they are good enough then progress as a named pilot as a single pilot op's after about 100 hours ME TT. However to hire off the street we go with 500 TT ME.
Last edited by Mick Stuped; 28th Aug 2013 at 14:36.