Colt Establishes Risk Management Foothold

Houston, TX (October 1, 2010) – Colt International, one of aviation's leading providers of contract fuel and trip support, announced they have officially entered the aviation insurance business with the public introduction of Colt Risk Management Services, LLC (CRMS). The company will leverage Colt's deep knowledge and relationships within the industry to provide custom solutions for virtually any aviation-related risk.

"Risk management is about much more than just placing insurance policies," said Colt International President, Malcolm Hawkins. "It requires a complete understanding of the challenges unique to aviation. Since we work closely with more than 4,000 flight departments and more than 3,000 fueling and handling destinations, our people are especially well-positioned to understand what these challenges and opportunities are."

Colt Risk Management Services has appointed John Springrose, formerly with Chartis Insurance, to lead its day-to-day operations. "Clients will find that CRMS provides unparalleled access to underwriters at top-rated insurance carriers, worldwide claims handling capabilities, and unmatched industry knowledge and experience," said Springrose. He further explained that CRMS coverages will be among the most comprehensive in the industry, "It is not enough to simply cover the basic liabilities of a client's core aviation business. It is important to guard against any potential losses that could impact an organization's long-term viability. That's why we offer a full range of risk management products, including SMS gap analysis and implementation, IS-BAO auditing and registration, General Liability, Foreign Coverage, Loss of License, Workers' Comp, Property, Employee Benefits, and much more. Through Colt Risk Management Services, it's now easier for aviation companies to obtain the breadth of coverages, exceptional customer support, and superior value that will empower them to more effectively safeguard their investments."

For more information, please contact John Springrose at (281) 280-2200, email him at insurance@coltinternational.com, or visit booth #6237 at NBAA 2010.

About Colt International

Colt International is a leading provider of fuel and international trip support for corporate aviation. Over 3,000 global destinations are supported by a network of offices based in the E.U. and both North and South America. Colt provides more than 12,000 aircraft with unmatched customer service and significantly reduces their operating costs.

For more information, contact:
Joe Serrano
Director of Marketing
Colt International, LLC
300 Flint Ridge Rd.
Webster, TX 77598

Phone: (281) 280-2200
joes@coltinternational.com
www.coltinternational.com