Intermarket Insurance Agency today announced the introduction of AV-TEC Equipment Maintenance Management Solutions, a unique and innovative program to control and more effectively manage the costs associated with maintaining avionics equipment. “AV-TEC provides aircraft owners the ability to control previously volatile avionics maintenance expenses,” stated Anthony Giaccone, President of Intermarket Insurance. “AV-TEC enables customers to budget for these costs with no change in the quality and timeliness of their service.”
The repair and maintenance of avionics equipment is a major expense in ongoing aircraft operations. Moreover, costs vary dramatically from year to year, making accurate planning for these expenditures extremely difficult. AV-TEC helps resolve these issues by charging its customers a set annual fee to cover all repair, service, and preventative maintenance (PM). When a device covered by AV-TEC requires maintenance, the customer contacts the vendor of their choice to arrange service . Once the service has been completed, the customer sends a copy of the service report and invoice to the program administrator, who per the customer’s preference either reimburses the owner of the aircraft or pays the service provider directly.
“AV-TEC has enabled us to offer a guaranteed, fixed budget to our clients” said Joe Monteiro, Crew Chief/Maintenance Coordinator for Jet Aviation Business Jets. “Using AV-TEC, we’ve been able to control our costs, track service histories, and better direct our vendors.”
Applicable for jets, turboprops, and helicopters, AV-TEC offers several benefits versus traditional maintenance contracts, including savings versus traditional repair services, qualified and budgetable repair expenses, a single point of contact and renewal date for all covered equipment, the flexibility to add or remove equipment at any time, real-time reporting of equipment service histories, and the ability to utilize the customer’s vendor of choice.
AV-TEC program services are managed by Specialty Underwriters, the largest provider of Equipment Maintenance Management solutions in North America.
About Intermarket Insurance Agency
Founded in New York in 1934, Intermarket Insurance Agency Inc. develops and markets innovative personal and business insurance products for local, regional, and nationwide applications. Intermarket has established partnerships with financially secure carriers and works closely with our customers’ financial operations to implement relevant solutions that provide tangible value and are consistent with the goals and procedures of our clients. More information is available online at www.intermarketins.com.
About Specialty Underwriters LLC
Founded in 1982 and headquartered in Milwaukee, Wisconsin, Specialty Underwriters, a wholly owned subsidiary of SU Group LLC, is the recognized leader in equipment maintenance management services for the avionics, education, government, medical, financial and pharmaceutical markets. Providing a wide range of alternatives to traditional service contracts, Specialty Underwriters has enabled thousands of organizations to realize significant savings and operational efficiencies across a wide range of technical and administrative equipment. More information is available online at www.su-group.com.
AV-TEC is available exclusively through Intermarket Insurance.
