E1 Series partners with International Insurance Group as Official Insurance Provider

Monte Carlo, Monaco (20th September 2021)

International Insurance Group Sarl (IIG) joins the fast-growing E1 Series, the revolutionary electric marine racing championship launched by Alejandro Agag and Rodi Basso.

With the stunning RaceBirds set to hit the water next year ahead of the world’s first electric powerboat racing championship in 2023, International Insurance Group has joined the E1 Series family as Official Insurance Provider.

The E1 Series, launched in 2020 by electric racing pioneers Alejandro Agag and Rodi Basso, will see electric powerboat racing at spectacular city venues around the world.

IIG is an insurance brokerage firm that tailors life insurance products for elite clients’ needs. Established just three years ago, IIG’s three founders have more than 25 years of experience in the ultra-high net worth insurance market.

Founding partner André Azzi is considered one of the top insurance advisors by insurance carriers and his peers. Fellow founding partner Elie El Khoury is an experienced and results-orientated insurance executive, with two and a half decades of business establishment and turnaround experience in the Middle East and North Africa region.

The third founding partner Carlo Boutagy has been developing motorsport experiences and other high value properties away from the racetrack for more than a decade, including founding the F1 Fanzone and acting as the exclusive promoter of the ABB FIA Formula E World Championship in the Kingdom of Saudi Arabia. He now uses the same set of skills to lead IIG’s marketing activities to establish and further grow their international presence.

The first full-size model of the innovative RaceBird vessel, due to be unveiled at an exclusive event at the Yacht Club de Monaco on the evening of September 20th, will proudly carry the IIG logo as the foiling electric powerboats go into prototype development and testing early next year. 

André AzziFounding Partner at IIG, said: “We’re all thrilled at International Insurance Group to partner with E1 as their Official Insurance Provider and be a part of this incredible new racing concept from its inception. As key proponents of managing risk, we look forward with great anticipation to seeing the high stakes action play out on the water. Watching E1 evolve into a popular and entertaining sport across some of the world’s most iconic waterways, whilst driving innovation and change in marine mobility is something that we’re immensely excited about and proud to be a part of – 2023 can’t come soon enough!”

Yanni AndreopoulosChief Marketing & Commercial Officer at E1 Series, said: “We’re still in the early stages of developing the exciting E1 Series and are always looking to partner with leading brands in order to build the very best event we can for fans, host cities and teams. Although a lot of our focus right now is on the rollout of the RaceBird as we look towards our first championship in 2023, we’re delighted to have secured a partnership with International Insurance Group to make sure we have the best supplier for insurance products tailored to our unique needs. The team at IIG supports our vision for the E1 Series and we have no doubt it will be a hugely productive and successful partnership. It’s the start of an exciting journey together with the fantastic team at IIG.”