Latest news releases from American Lease Insurance:
Volvo Financial Services Protects Construction Equipment With American Lease Insurance Program.
Sunderland, MA - January 12, 2010
Volvo Financial Services is insuring the construction equipment it finances and leases in the U.S. with the American Lease Insurance Agency Corporation (ALI) Program. “We are pleased with the insurance and tracking services provided by the ALI Program,” comments Volvo Financial Services Director Chris Roback, “as they support Volvo Financial Services growth objectives.”
[Read the full story]
First Insurance Funding Corp. Equips American Lease Insurance For Growth With Premium Funding.
Northbrook, IL - October 15, 2009
FIRST Insurance Funding Corp. (FIRST) is now providing insurance premium funding for American Lease Insurance (ALI) Program clients, replacing a subsidiary of American International Group (AIG). FIRST CEO Frank Burke comments, “Providing premium funding for ALI clients is a logical extension for FIRST that complements our existing business of premium financing for commercial insurance customers. ALI offers a unique program that allows lessees the convenience of making payment for insurance coverage provided along with their lease payment. We think ALI has developed an impressive insurance offering with substantial growth potential, and we’re very pleased to be working with them.”
[Read the full story]
Latest articles from American Lease Insurance:
Avoiding Class Action Lawsuits Concerning Lease Insurance Programs (PDF)
Sunderland, MA - 2006-09-30
Equipment lease insurance is an important protection. But beware of hidden and excessive profits or penalties. When abuses creep in, the cost and risk of class action lawsuits become more real. Here are some ways leasing companies can protect themselves by modifying their standard lease forms - As printed in the Equipment Leasing & Finance Foundations Journal of Equipment Lease Financing, Fall 2006
[Read the full story]
Executive's Guide to Equipment Lease Insurance (PDF)
Sunderland, MA - 2006-06-12
This analysis has the following objectives. First, it provides an overview of lease insurance. Second, it analyzes the nuts and bolts of lease insurance, including an explanation of the forms and types of insurance. Third, it outlines the components of a lease insurance program including important elements of the lease. Fourth, it explains the principal risk factors exposed by Class Action lawsuits.
[Read the full story]