Aircraft Financing & Leasing
Companies involved in the financing or leasing of aircraft are exposed to:
- Aircraft coming off lease or being repossessed
- Aviation Products Liability for the sale of aircraft and spare parts
- Catastrophic/unpredictable aviation losses
- Lessee/borrower's failure to maintain adequate insurance limits, or the insurance lapses or is cancelled by the operator
- Vicarious liability laws relating to ownership status
Aero Alliance has unique international insurance experience from serving one of the largest financial institutions in the world.
Our insurance specialists are skilled at arranging programs designed to protect the financial institution/lessor's aircraft portfolio from the above exposures.
We work to fully understand the leasing operations along with the contractual insurance and indemnification requirements. Based on Aero Alliance's experience and knowledge, we will design a comprehensive insurance program to cover the risks of the leasing company.
Please give Aero Alliance a call to arrange for one of our professionals to discuss our capability to design a comprehensive program to protect your financial/assets.
We fully understand the issues involved in marketing the aircraft with the global aviation insurance market. Our team will also review and assist with contractual language issues, while we deliver quality service throughout the policy years.