Acquis has expanded its partnership with PEAC Solutions, a move that will see Acquis offer equipment protection insurance for both hard and soft assets to cover equipment used by PEAC’s SME and other interested clients, the two said in a statement.

The addition of Acquis’ equipment protection insurance solution – Acquis Supra – to PEAC’s hard asset portfolio will provide much value to PEAC’s client base. With hard assets often business critical, any negative impact on the equipment can quickly have damaging repercussions.

In addition to ensuring all leased equipment is adequately protected, Acquis Supra is serviced by a specialist claims management team which guarantees that claims are handled quickly and efficiently, with the aim of ensuring the client’s business can continue without interruption.

Nick Leader, CEO of Acquis, said: “We’ve been working with PEAC since 2019 and have forged a strong working partnership during that time. We are delighted to be extending our insurance solution to protect PEAC’s hard assets.

“The expansion of our relationship with PEAC further demonstrates that the Acquis Supra product can be tailored to work just as well for hard asset portfolios as it does for the more traditional soft asset portfolios.

“We will continue to focus on delivering exceptional service to PEAC’s clients and are excited for what the future brings.”

Steve Bolton, Managing Director of PEAC Solutions, added: “Acquis’ business model is complementary to ours, so it made perfect sense to expand our relationship to include our hard asset portfolio.

“At PEAC Solutions, we focus on building long-term partnerships with clients, and we needed a partner who understood that and could work alongside our Relationship Directors.  That’s exactly how Acquis operate which means we are confident that our clients will get the service they need”.