Acquis, a specialist insurance provider for asset finance and equipment leasing companies, has announced its expansion into Luxembourg and Poland in a move that takes its geographic coverage to a total of 16 countries across the European Union, plus the UK and Norway.
James Rudolf, chief commercial officer at Acquis, said: “Acquis partners with some of the largest leasing and asset finance companies across Europe, managing insurance on over €6bn of financed equipment and tracking more than 740,000 finance contracts.
“Our move into two new EU countries this year is part of our long-term ambitious growth plan to become a global provider of insurance management programmes to the leasing industry.
Acquis: Luxembourg Poland
“Luxembourg and Poland offer an excellent strategic fit for our expansion. Many of our existing multinational clients also already have operations in these regions.”
James Rudolf, chief commercial officer, Acquis
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By GlobalDataRudolf added: “The addition of these new regions to our service area coverage is being managed by our tried and tested formula for country expansion.
“We have a successful track record of entering new markets, where we employ native speakers for all our regions and take our time to understand the country.
“We never presume that what works in one country will be right for another, nor will we compromise the provision of our exceptional customer service and value.
“As always, we learn and adapt our services to meet specific market needs and provide fantastic customer support. The last year has reinforced just how crucial the flexibility in our approach to partnerships and delivery is,” Rudolf said.
Acquis is currently in discussions to enter markets outside of Europe, the service provider said in a statement.