New FBO organization lands major insurance program for members

Bedford, MA - November 11, 2009

Principal Financial Group and AirSure Limited sign on today with the Independent Fixed Based Operators Association.

The Independent Fixed Base Operators Association (IFBOA) announced today the creation of a strategic alliance with two prominent insurance industry organizations: the Principal Financial Group and AirSure Limited, to provide a wide range of benefits to its members on a group purchasing basis.

The program will offer IFBOA members a magnitude of financial and insurance services including group health insurance, group non-medical insurance, 401(k) plans, business and individual retirement solutions, business owner financial solutions, life insurance products, financial planning, brokerage services and other financial services. The new offerings will also include AirSure Limiteds proprietary health insurance benefits program developed exclusively for aviation businesses, which provides a profit sharing feature for those companies who commit to improving the wellness of their staff.

"This is a landmark alliance for our membership" said John Wraga, founder and Executive Director of IFBOA. "From the start, we've wanted to offer a portfolio of benefits unmatched by any other organization to support our member companies" he continued. "And thanks to the amazing support of both AirSure Limited and The Principal Financial Group team of Ben Boverman and Chris Hanna, we've done just that, and with the best in the business, to boot."

The IFBOA is a new organization dedicated to the long term vitality and success of Fixed Base Operators and affiliated aviation companies through collaborative endeavors, knowledge sharing, and best practices standardization on a global scale. Membership in the organization gives independent companies the resources and buying power to compete more effectively and to better manage their costs, while offering benefits usually reserved only for major corporations.

"This is very much a win-win for our members, AirSure Limited, and The Principal Financial Group team of Ben Boverman and Chris Hanna" said Mr. Wraga. "Not only will our membership now have access to a variety of trusted financial services, they will also be able to offer management and employees a range of insurance programs unmatched by any independent or individual organization."

To Learn More
To inquire about the various services and products included in the new IFBOA membership program, please contact: Principal Financial Group - Chris Hanna 781-398-1570 or 866-287-2638 (Ext. 570) hanna.chris@principal.com or AirSure Limited - Brian Robison 972-980-0800 brobison@airsure.com

Membership in IFBOA is offered to independent FBOs and affiliated companies. Inquiries should be addressed to the IFBOA - John Wraga at 617-429-1257 or jmwragajr@aol.com

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