From artificial intelligence, to virtual reality, to advanced equipment, emerging technology is revolutionising the aviation industry, impacting both air and ground operations and transforming training but also introducing new risks.
When used effectively, today’s quickly evolving technologies can contribute to improved safety, efficiency, and operational capabilities and also potentially cut costs. However, emerging technologies can bring significant risks, underscoring the importance that they are carefully considered, tested, and properly trained on, especially when being introduced into such a safety-critical environment.
In this episode of Risk in Context, Andy James, who leads Marsh’s Aviation Operational Advisory team, speaks with Kinga Kolasa-Sokolowska, a client advisor at Marsh Japan, about the opportunities as well as the risks that technology advancements are bringing to the aviation industry. Greg Wyght, a senior vice president within Marsh’s Aviation Practice, and Rory Heilakka, a Partner at Oliver Wyman, also discuss specific innovations and how these are impacting commercial airlines, air traffic management, and emergency response.
Aviation Operational Advisory Lead, Marsh UK
United Kingdom
Andy James leads Marsh’s Aviation Operational Advisory team, working alongside the aviation broking and advisory teams. He has more than 30 years of operational aviation experience, flying as a helicopter pilot in the British Army for 11 years, followed by 21 years as a commercial pilot and instructor.
Client Advisor, Marsh
Japan
Kinga Kolasa-Sokolowska works as a Client Advisor at Marsh Japan, where she is responsible for contract advisory for aviation and aerospace clients. She is also a lecturer at Rikkyo University’s College of Law and Politics in Tokyo and has authored a chapter on the use of artificial intelligence in the aviation industry.
Senior Vice President, Aviation, Marsh Specialty
Canada
Greg Wyght is a senior vice president within Marsh’s Aviation Practice. Based in Canada, he has more than 35 years of aviation experience in operations, safety management, and training, including 15 years as a line pilot in forest fire suppression, HEMS, utility, and offshore and two decades of executive-level experience overseeing, among others, flight operations and safety management systems.
Partner, Oliver Wyman Transportation and Digital Practices
United States
Rory Heilakka is a Partner within Oliver Wyman and part of the firm’s Transportation and Digital Practices. Based in the New York office, he has been with Oliver Wyman for almost 15 years, advising clients on a range of issues and has worked extensively in the travel and hospitality sector, with a focus on applying technology and advanced analytics to inform strategy and lasting business outcomes. He is also a leader within the Oliver Wyman Forum focused on the implications of technology and AI for global cities and has helped develop Oliver Wyman’s Cities AI Readiness Index.
This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. Any modelling, analytics, or projections are subject to inherent uncertainty, and any analysis could be materially affected if any underlying assumptions, conditions, information, or factors are inaccurate or incomplete or should change.
LCPA 24/125
