Acquis, the leading provider of insurance products and services to the European asset finance industry since 2009, has today announced a record-breaking October.
The volume of leases marketed by Acquis in October was 10% higher than the previous record set earlier this year and Acquis CEO, Nick Leader, puts this increasing trend in volumes down to a combination of commercial success and a resilient and buoyant leasing market that is performing well against some increasingly tough market conditions.
The outstanding October result was driven by strong performances in Europe’s powerhouse leasing territories, Germany and the UK, with those two in particular, in October 2021 there was a 98% increase in Germany and 28% increase in UK. In total 10 of our territories have increased vs October 2021 and 9 of them are above the 2022 monthly average.
Nick Leader, CEO of Acquis commented:
“This landmark month for Acquis reflects an increased demand for our services across Europe, especially in Germany where we have launched with a number of new clients this year. It’s also testament to the hard work and efforts of our dedicated commercial teams, to provide the highest quality of insurance products and services to the European leasing industry. As we continue to grow, a key focus for Acquis is to ensure that we maintain the high levels of service we have become renowned for.”
As for the future, Nick Leader commented:
“As we face a period of economic uncertainty, I’ve no doubt that the asset finance industry will continue to play a significant part in supporting the economies of Europe, with the industry creating opportunity for hundreds of thousands of businesses to invest, grow and manage cash flow.