Heath Lambert is main insurer of pilot
Lloyd’s insurers face a claim of up to $5m after a British pilot hailed as an “aviation entrepreneur” was killed in a test-flight crash in Malaysia.
Heath Lambert placed nearly all of the personal accident cover on pilot Michael Robert Dacre, who was developing the jetpod to become the future of taxis.
The crash happened at a Taiping airstrip at around 12.30pm on Sunday.
Dacre is managing director of Avcen, the British-based manufacturer of the jetpod.
The plane was being developed to take off and land over short distances and cruise at low levels at 500kmh (310 mph).
It is aimed to be used in military transport, executive transport, and as a short- to medium-range air taxi.