BGC launches new aircraft finance solutions unit with Boeing hire

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has expanded its global aviation brokerage to include aircraft finance solutions.

Kostya Zolotusky will be joining as managing partner of the aviation industry financial solutions division. Based in Seattle, he will report to Bruce Fine, president of the division.

Zolotusky brings 34 years of aviation experience to the role having spent his career at the Boeing Company. He joined Boeing in 1985 as an avionics engineer before serving in a number of leadership roles in commercial aircraft engineering, sales and financing.

Fine said: “At the heart of our venture is our commitment to offering customers the broadest and most efficient set of tailored solutions. Kostya brings the vital skillset and experience needed to ensure our continued growth in the sector. His time at Boeing equipped him with extensive knowledge of aircraft finance markets, having developed and led new aircraft finance solutions and businesses.”

“Our team is continuing to expand and Kostya’s appointment is indicative of the leading market talent we are attracting. I am therefore delighted to welcome Kostya and look forward to working with him closely as we grow our new offering.”

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

Reinsurers post strong earnings in H1 2019 driven by P&C premium growth, finds Aon  Willis, Sompo team up to serve middle market real estate sector RSA mergers commercial insurance operations; GRS leader departs Allianz Partners CEO joins insurtech start-up Cuvva Thai Floods the turning point for understanding risk

Feature:  10 ways insurers are using insurtech to drive new business