, and its proposed European counterpart, Eurotime, are focused on that third-party, or nonpassenger, coverage, said Peterson, although Equitime
may consider passenger liability coverage as well.
In the United States, airlines are in the process of creating a mutual company, Equitime
, with similar purposes, although the proposed scheme has the Government act as a reinsurer of last resort.
The group, named Equitime
, has been created in conjunction with the Air Transport Association of America (ATA).
Before joining MEGA, Lazare was head of the Paris office for Itecor, a consulting company focused on IT governance, and started the Paris office for Equitime
, a time management software company.
M2 EQUITYBITES-January 31, 2014-Horizontal Software purchases Equitime
airline industry to start a $2 billion risk retention group called Equitime
to self-insure its war and terrorism liability, it would consider the ambitious entity in Vermont.