Managing director additionally named
Specialist insurer Acquis, a part of the NSM Insurance coverage Group, has launched its companies in the US.
Acquis provides tailor-made insurance coverage options particularly designed for tools leasing and asset finance corporations. These options goal to reduce portfolio threat and generate substantial non-interest-bearing charge revenue by offering important software program, assets, and experience to make sure leased belongings are comprehensively protected proper from the inception of the finance settlement.
With a present shopper base of over 120 companies worldwide within the finance and leasing sector, serving 17 totally different nations, Acquis will now lengthen its companies to safeguard a variety of belongings throughout numerous industries in the US. These industries embody IT and workplace tools, agriculture, manufacturing, and renewable vitality.
To anchor its US presence, Acquis will set up workplaces in Philadelphia, Penn., and Dallas, Texas. Heading the US operations is Brian Madison, who has been appointed because the managing director for North America. Madison brings a wealth of expertise to this function, with over 35 years within the trade, having labored for famend manufacturers resembling Microsoft, KeyCorp, and Citigroup.
“Acquis is already the main supplier of insurance coverage options to the leasing trade in Europe. We’re aspiring to convey our specialist experience, which has been developed over a decade of working with a few of the largest finance manufacturers on the planet, to the US. with a view to enhance the insurance coverage selections obtainable to tools financing. I consider that it’s solely a matter of time earlier than we’re disrupting and main the way in which on this aspect of the Atlantic too,” Madison mentioned.
“It is a large milestone for Acquis and with Brian’s expertise and experience on the helm of the US operation, we’re enthusiastic about what we will obtain on this market,” Acquis CEO Nick Chief mentioned. “Earlier this yr, Acquis was acquired by NSM Insurance coverage Group, a world chief in specialty insurance coverage, which has enabled us to convey ahead our plans to launch within the US. When NSM acquired Acquis, they noticed the potential of what we will obtain and have delivered the help and assets to assist us launch swiftly into the market.”
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