Leasepath, a US-based provider of equipment finance software (driven by Microsoft Dynamics 365), has recently announced a collaboration with Great American Insurance, a provider specialising in the equipment finance industry.

The two said the strategic engagement represents a move to bring innovation into insurance management within the equipment finance sector by leveraging the cloud infrastructure offered by Leasepath and the capabilities of Microsoft Dynamics 365.

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The partnership seeks to usher in a host of transformative features, including simplified insurance quoting during the origination phase of equipment finance, streamlined placement of default options on financed assets, automated invoicing, and real-time updates on insurance coverage.

These advancements are set to enhance the pace of service delivery while providing Leasepath and Great American customers access to data-driven insights, the two said in a press release.

Leasepath‘s CEO, Jeffrey Bilbrey, said the collaboration signifies a significant milestone in the equipment finance domain, where a software provider and an insurance specialist have joined forces to optimise the end-to-end customer experience related to equipment insurance.

Cody Sanguinetti, Divisional Assistant Vice President at  Great American Insurance Group’s Specialty Equipment, underscored Leasepath’s reputation for innovation and the efficient solutions it brings to the industry. Sanguinetti emphasised that together, they aim to empower their mutual customers by providing seamless access to insurance products and programs that bolster their business operations.

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