abcfinance first partnered with Acquis in the Netherlands in 2017 after seeking a fully outsourced solution to their insurance requirements. Acquis were able to offer an insurance programme that takes care of all the administration, claims and legal requirements, allowing abcfinance to focus on their leasing business.
abcfinance has found that the Acquis insurance programme has created an additional revenue stream of around 3% and provided a no hassle, easy to use insurance solution that takes control of the whole process. The programme has given abcfinance peace of mind that their assets are well insured in case of default, therefore mitigating the risk in their portfolio.
The insurance programme includes a fast repair or replace service on lost or damaged equipment, meaning customers of abcfinance are reassured that in the event of a claim, any disruption to operations is significantly reduced; a service that brings significant value to the SME customers of abcfinance. Outsourcing the management of the programme to Acquis has helped reduce any associated insurance administration for abcfinance.