Equipment Finance News

Acquis announces strategic expansion of insurer panel

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Acquis has announced deals with three leading insurers – Zurich, Assurant and Brace Underwriting – in a move designed to further strengthen its ability to offer bespoke insurance solutions to their clients in the asset finance market. These new partnerships will deliver a significant increase in the breadth of Acquis‘ underwriting capacity.

Zurich is renowned as one of the largest multi-line insurance providers in the world; Assurant has a wealth of experience in writing products designed for the finance and leasing industries across 21 countries, and Brace Underwriting partners Acquis with a team of specialist underwriting experts with the ability to write global business via the Lloyd’s market.

Nick Leader (pictured), CEO of Acquis, commented, “Acquis’ independent status grants us the capability to write MGA (Managing General Agent) business locally and globally with a panel of internationally renowned insurers, and allows us to partner with expert underwriting teams that have an intrinsic understanding of our core products and key markets. These new partnerships will contribute considerably towards our ability to offer our clients products that meet their needs.”

Specialising in structuring tailored insurance solutions for leasing and finance companies, Acquis’ products are designed to reduce portfolio risk and generate non-interest-bearing fee income.

Kieran Topp, Head of Product and Underwriting at Acquis added: “As Acquis’ product portfolio continues to expand apace, so too does the need to put sufficient underwriting capacity in place, both to underpin growth in demand and to support the evolution needs of new and existing clients.

“Establishing these key alliances and bolstering our panel of insurer partners, clearly underscores Acquis’ reputation as a truly international MGA, as well as being a provider of best-in-class insurance solutions and services within our sector. It also demonstrates our commitment to delivering upon our core values – dependability, innovation, fairness and collaboration as a trusted partner in the asset finance market.”