The Wire: Aircraft lease managers & technical experts

This edition of The Wire focuses on aircraft lease managers and technical experts. 

Professional Indemnity (“PI”) insurance provides cover for aircraft lease managers for claims which are brought against them for losses suffered by their clients as a result of their negligent acts, errors or omissions. However, the interests of the aircraft lessors are already widely understood to be protected by an aircraft contingent hull, hull war and liability insurance, and the aircraft operators have a legal obligation to insure the aircraft’s liabilities to third parties and war risks.

You may therefore be wondering what additional protection a PI policy brings to the aircraft leasing sector. You can find the answer by reading this edition of The Wire: 

You can read the full publication here.