Itasca MGA Provides Aircraft Finance Insurance Cover to Elevate Capital Partners
Itasca MGA Provides Aircraft Finance Insurance Cover to Elevate Capital Partners
HAMILTON, Bermuda, Nov. 21, 2024 /PRNewswire/ -- Itasca MGA Limited ("Itasca"), an aviation-focused managing general agent created by alternative investment manager Castlelake and Pine Walk Capital, a wholly owned subsidiary of The Fidelis Partnership, today announced it provided insurance backing for Elevate Capital Partners, a private investment and asset management firm, for a financing solution in respect of two E195-E2 aircraft.
百慕大汉密尔顿,2024年11月21日 / PRNewswire / - Itasca MGA有限公司("Itasca"),这是一家由另类投资经理Castlelake和Pine Walk Capital创立的专注于航空的承保代理,今天宣布为Elevate资本合作伙伴提供了保险支持,后者是一家专注于私人投资及资产管理的公司,用于两架E195-E2飞机的融资解决方案。
"Itasca is pleased to provide support to Elevate Capital Partners as it takes delivery of these assets," said Gareth John, CEO of Itasca MGA. "With insurance-backing from Itasca, we believe lessors and airlines are able to access more competitive and creative financing solutions that empower their business plans."
"Itasca很高兴能够为Elevate资本合作伙伴提供支持,以支持其接收这些资产,"Itasca MGA首席执行官加雷斯·约翰(Gareth John)表示。"通过Itasca提供的保险支持,我们相信出租方和航空公司可以获得更具竞争力和创新性的融资解决方案,以促进其业务计划的实施。"
The policy underwritten by Itasca helped enable Elevate as the arranger and servicer to secure efficient financing for the E195-E2 aircraft, which are on lease with Porter, a regional airline based in Canada. Both aircraft were delivered in September 2024. The transaction marks the first Embraer aircraft transaction for Itasca since its founding one year prior, in October 2023.
Itasca承保的保单帮助Elevate作为安排人和服务商为E195-E2飞机获得高效融资,这些飞机目前已经租赁给总部位于加拿大的区域航空公司Porter。这两架飞机于2024年9月交付。该交易标志着自成立一年之前的2023年10月以来,Itasca进行的首笔巴西航空工业(Embraer)飞机交易。
About Itasca MGA
关于Itasca MGA
Itasca MGA is a managing general agent housed within the Pine Walk Group that specializes in underwriting, structuring and managing risk associated with secured commercial aviation financing on behalf of The Fidelis Partnership and Itasca Re Limited, a Bermuda-licensed reinsurance company established by Castlelake that specializes in insurance-backed financing solutions for buyers and owners of commercial aircraft assets. To support airline and lessor customers, Itasca MGA uses insurance capacity provided by Fidelis Insurance Ireland DAC and Fidelis Underwriting Limited alongside Starr Europe Insurance Limited and Starr Europe Insurance Limited, with the latter two continuing to be reinsured by Itasca Re. For more information, visit .
Itasca MGA是Pine Walk Group旗下的一家承保代理,专门从事代表The Fidelis Partnership和Itasca Re有限公司(一家由Castlelake成立的百慕大授权再保险公司,专门为商用飞机资产的买家和所有者提供以保险为后盾的融资解决方案)承保、结构化和管理与担保商用航空融资有关的风险。为了支持航空公司和出租人客户,Itasca MGA利用Fidelis Insurance Ireland DAC和Fidelis Underwriting Limited提供的保险能力,以及Starr Europe Insurance Limited和Starr Europe Insurance Limited,后两者继续由Itasca Re再保险。欲了解更多信息,请访问。
Media contact:
媒体联系人:
Itasca MGA
+1 612 851 3000
Itasca MGA
+1 612 851 3000
SOURCE Itasca MGA
SOURCE Itasca MGA