EFTA00772445.pdf

From: "Rich Kahn" To: "jeevacation®gmail.com" <jeevacation®gmail.com> Cc: Subject: FW: Quote Proposal - Hyperion Air, Inc. Et. Al. Aircraft Hull & Liability 7/1/09 - 7/1/10 Date: Tue, 30 Jun 2009 19:05:58 +0000 Attachments: Quote_Proposal-_Hyperion-_2009.doc; Exhibit_l .pdf; Exhibit_2.xls Attached is ground only coverage for aircraft for the period 7/1/09 - 7/1/10: Summary is as follows: JEGE: 17,000 Hyperion: 15,125 Bell 407: 17,639 Total Premium: 49,764 This represents a total decrease in premium of 19% when compared to last year. Do I have your approval to bind coverage? Rich Kahn HBRK Associates Inc. PO Box 400 New York, NY 10150 tel fax cell EFTA00772445 From: DeMicco, Rich Sent: Monday, June 29, 2009 9:22 AM To: Rich Kahn Cc: Rosenthal, Joseph Subject: Quote Proposal - Hyperion Air, Inc. Et. Al. Aircraft Hull & Liability 7/1/09 - 7/1/10 Rich, Attached is the quote proposal for this year's renewal. Also attached is the quote from Global Aerospace (Exhibit 1) and my spreadsheet comparing last years numbers to this years. Global quoted both full flight and ground. We realize that you will be renewing on ground coverage, however, we also understood there is a possibility that some aircraft may go back to full flight during the policy period and we wanted be prepared for that. European Union coverage was not quoted because those numbers continue to go down so it makes sense to only quote it when you need it. The full flight quote compared with the previous years decreased by 19% which is very good considering the market is trying to harden. The ground rates are very competitive giving back up to 84% of the premium to keep the aircraft covered while not in flight. If you would like to bind coverage, please complete and sign the last page of the attached quote proposal document. Any questions, please don't hesitate to call. Best regards, *Please Note the Change in Address* Richard P. DeMicco Vice President Wills Global Aviation One World Financial Center 200 Liberty Street New York. NY 10281 Phone: FAX: Main Reception Desk EFTA00772446 For information pertaining to Willis' email confidentiality and monitoring policy, usage restrictions, or for specific company registration and regulatory status information, please visit http://www.willis.com/email_trailer.aspx We are now able to offer our clients an encrypted email capability for secure communication purposes. If you wish to take advantage of this service or learn more about it, please let me know or contact your Client Advocate for full details. EFTA00772447