Specialist insurer Acquis, part of the NSM Insurance Group, has launched its services in the United States.
Acquis offers tailored insurance solutions specifically designed for equipment leasing and asset finance firms. These solutions aim to minimize portfolio risk and generate substantial non-interest-bearing fee income by providing essential software, resources, and expertise to ensure leased assets are comprehensively protected right from the inception of the finance agreement.
With a current client base of over 120 businesses worldwide in the finance and leasing sector, serving 17 different countries, Acquis will now extend its services to safeguard a wide range of assets across various industries in the United States. These industries include IT and office equipment, agriculture, manufacturing, and renewable energy.
To anchor its US presence, Acquis will establish offices in Philadelphia, Penn., and Dallas, Texas. Heading the US operations is Brian Madison, who has been appointed as the managing director for North America. Madison brings a wealth of experience to this role, with over 35 years in the industry, having worked for renowned brands such as Microsoft, KeyCorp, and Citigroup.
“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 on this side of the Atlantic too,” Madison said.
“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,” Acquis CEO Nick Leader said. “Earlier this year, Acquis was acquired by NSM Insurance Group, a global leader in specialty 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.”
In other recent developments, Acquis parent firm NSM has announced the acquisition of Florida-based Envisage International.
What are your thoughts on this story? Please feel free to share your comments below.
