Products and Services for the Finance and Leasing Sectors
Choosing a carrier to provide insurance services for your customers is no simple matter. It’s important to find the right mix of solid financial strength and a nimble, competitive mindset that can help you make the most of your insurance products.
Great American Insurance International Division helps make the choice perfectly clear. We specialise in providing insurance products and services to clients in Europe and other territories outside the U.S. and Canada. And we’re backed by the financial strength of Great American Insurance Group, with roots dating back to 1872. Its flagship Great American Insurance Company has received a rating of “A” (Excellent) or higher from A.M. Best Company for over 100 years.*
At the same time, we’re organised to be agile and help you stay on top of rapid changes in the finance marketplace. We design and customise a broad portfolio of innovative insurance programmes that can minimise risk and generate insurance revenue.
Great American International Insurance Ltd was established in Ireland to write commercial insurance throughout Europe. Our team has in-depth knowledge of finance and specialised underwriting skills to develop and support new insurance solutions and customised insurance programmes to meet the unique needs of the finance market.
Lease & Loan Insurance Services Ltd (LLISL) is a recognised leader in providing insurance products to the commercial equipment and vehicle finance markets in Europe. The company acts as Great American International Insurance’s General Insurance intermediary and Adminstrator.
We currently offer a range of insurance solutions, but if you don’t see what you are looking for, please contact us to discuss your requirements in depth:
AI Insurance – Automatic Asset Insurance
Our Automatic Asset Insurance programme covers leased equipment from physical loss or damage from the day a lease is activated. We offer a fully outsourced service, which simplifies the insurance sales process and provides high quality customer service and claims handling so that lessors can concentrate on their core business whilst providing added value to their customers.
Enables finance companies to reduce the risk of a financial shortfall for their customers when a leased commercial vehicle or asset is written off through accident fire or theft.
ETI Insurance - Early Termination Insurance
Designed to free lessees from financial commitment for private vehicle, company car and light commercial vehicle lease rentals, should their personal circumstances change unexpectedly. It enables the lessee to hand back the vehicle, without the worry of funding the difference between the market value of the vehicle and the outstanding finance settlement amount.
DPI Insurance - Deposit Protection Insurance
DPI Insurance enables lessors to reimburse customers with their deposit payment on a vehicle in the event of total loss of the vehicle, or as a result of an unexpected change in personal circumstances, such as bankruptcy or redundancy.
*A.M. Best Company rating last affirmed on 29 March 2012.