Leasepath, a US-based provider of equipment finance lifecycle software, has announced a collaboration with Great American Insurance, a specialist in the equipment finance industry.

The partnership aims to harness the power of cloud infrastructure provided by Leasepath (and the capabilities of Microsoft Dynamics 365) to introduce a range of features. These include simplified insurance quoting during the origination phase of equipment finance, a streamlined process for placing default options on financed assets, automated invoicing, and real-time updates on insurance coverage.

In a joint press release, the two companies expressed their commitment to enhancing the speed of service delivery while providing their customers with access to invaluable data-driven insights.

Leasepath‘s CEO, Jeffrey Bilbrey, emphasised that by joining forces, the two aim 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 Division, underscored Leasepath’s reputation for innovation and its efficient solutions in the industry. “Together, we will empower our mutual customers by providing seamless access to the insurance products and programs that support their business,” Sanguinetti said.