The agreement will see Acquis provide insurance cover for the German lessor’s leased equipment portfolio – including a wide range of hard and soft assets from mobile phones to heavy construction and plant equipment.

While Acquis is well known in the asset finance industry for providing multi-territory insurance solutions for international funders, Acquis has an equally impressive track record of providing solutions for independently owned lessors. Acquis is currently running 54 insurance programmes for 43 independent lessors in countries including the UK, France, Germany, Belgium, the Netherlands and Spain, with each programme being tailored to meet the needs of the lessor and their specific local market.

Nick Leader, CEO, Acquis, comments: “This is a landmark deal for Acquis in Germany. Our highly regarded model of quality insurance solutions plus outstanding customer service will help enhance our new client’s already strong offering. Working with independent lessors of this scale demonstrates one of our core strengths – our specialist team whose knowledge of local asset finance markets is unparalleled.”