Titan Aerospace Acquires Plimsoll Specialty, Boosting Aviation Insurance Range

Atlanta-based Titan Aerospace Insurance, one of the larger aviation insurance brokers, has acquired Plimsoll Specialty Markets, a boutique aviation and aerospace brokerage house also based in Atlanta.

Michael Clark, president of Plimsoll, is now president of Titan Specialty Markets, the companies said in a news release. Before Plimsoll, Clark was head of aviation and aerospace at QBE Insurance Group, a multinational insurance and reinsurance carrier with headquarters in Australia. Prior to that, he was at Old Republic Aerospace insurance.

Titan said it has clients around the world and has offices in five Southeast states and in Denver. Its sister company, Titan Aviation Fuels, has some 600 branded locations in the United States. Titan also maintains an aerobatic team, seen at air shows around the country.