Acquis announces expansion to the US

Asset finance insurance specialist, Acquis, has today launched its services in the United States. 

Acquis specialises in structuring tailored insurance solutions for equipment leasing and asset finance companies. Its products are designed to reduce portfolio risk and generate significant non-interest-bearing fee income by providing software, resources and expertise to ensure leased assets are fully protected from the start of the finance agreement.

It currently supports over 120 businesses globally in the finance and leasing industry, reaching 17 countries. In the US, Acquis will be protecting a wide range of assets across industries such as IT and office equipment, agriculture, manufacturing and renewable energy.

The Acquis US offices will be headquartered in Philadelphia, Pennsylvania as well as Dallas, Texas. Brian Madison (pictured), the newly appointed Managing Director for North America, will be responsible for launching Acquis’ specialist insurance services into the US equipment finance and leasing market. Brian brings with him over 35 years of experience, having worked for leading brands such as Microsoft, KeyCorp and Citigroup.

Madison commented on the launch: “Having worked in this market for over 35 years, I know the huge potential this industry provides for Acquis and I am looking forward to growing the business into a leader in the US market.

“Acquis is already the leading provider of insurance solutions to the leasing industry in Europe. We are intending to bring our specialist expertise, which has been developed over a decade of working with some of the largest finance brands in the world, to the US in order to improve the insurance choices available to equipment financing. I believe that it’s only a matter of time before we are disrupting and leading the way this side of the Atlantic too.”

Nick Leader, CEO of Acquis added: “This is a huge milestone for Acquis and with Brian’s experience and expertise at the helm of the US operation, we are excited about what we can achieve in this market.

“Earlier this year, Acquis was acquired by NSM Insurance Group, a global leader in speciality insurance, which has enabled us to bring forward our plans to launch in the US. When NSM acquired Acquis, they saw the potential of what we can achieve and have delivered the support and resources to help us launch swiftly into the market.”