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American Lease Insurance Recruits Karen Leonard to Assist International Expansion
Sunderland, MA - 2011-10-14
Karen Leonard has been named business development and client relations manager by American Lease Insurance Agency Corporation (ALI). She will spearhead new business development and provide service and support to existing accounts. “Risk management is both challenging and rewarding: working to understand clients’ needs and assess their exposures to develop a plan that offers the right level of protection at an affordable price. The American Lease Insurance Program is a solid program with obvious advantages. I’m excited to help expand the international reach of ALI.”
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Sunderland, MA - 2010-09-17
As published in Leasing News:
“ACORD, the insurance industry standards setting organization, has just released a new ‘Certificate of Vehicle and Equipment Insurance’ that all lessors and lenders should now request from their customers and their agents when documenting evidence of insurance on any leased or financed equipment or vehicle,” said Steve Dinkelaker, President of American Lease Insurance Agency Corporation (ALI), Sunderland, Massachusetts. “Called the ACORD 23, the new Certificate combines for the first time on one certificate information about both property and liability insurance coverage for any leased or financed equipment or vehicle.”
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Sunderland, MA - 2010-08-01
The insurance industry standards organization, ACORD, has introduced a simplified proof of insurance form for use in documenting coverage on leased or financed commercial equipment or vehicles. The launch of ACORD 23, as it is called, was effective on July 30, 2010.
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Devils Lake, ND - 2010-05-14
Western Finance & Lease (Western) has realized a significant marketing benefit with the American Lease Insurance (ALI) Program. “We already had an efficient funding process, so we were always ‘quick,’ states Western Finance & Lease President Laurie Bakke, “but now with one less step we almost always deliver same-day funding.” The ALI Program eliminates the need to obtain insurance verification as it provides complete portfolio coverage on all eligible assets automatically from contract signing to final payoff or termination. “Most importantly, we know that our portfolio is protected,” adds Bakke.
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Sunderland, MA - 2010-01-12
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.”
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Northbrook, IL - 2009-10-15
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.”
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Grand Rapids, MI - 2008-06-08
Enterprise Funding Group, LLC (Enterprise) is closing deals faster with American Lease Insurance (ALI). According to Enterprise Senior Vice President Michael Coon “ALI has improved our response time, and our ability to fund transactions.” The ALI Program provides comprehensive portfolio protection, placing property and liability coverage on all eligible equipment from the date each lease or finance agreement is signed, as well as tracking insurance coverage for lessees who choose to obtain their own insurance. The ALI Program ensures peace of mind, remarked Coon: “If our customers’ insurance expires, ALI coverage is added automatically, so our portfolio is always protected.”
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Cincinnati, OH - 2007-10-22
Huntington Equipment Finance (Huntington) is providing customers additional value with American Lease Insurance (ALI). "By joining with American Lease Insurance, we can give our customers a critical service at the point of leasing," said Rob Allanson, president of Huntington Equipment Finance. "The insurance also gives our customers peace of mind that their expensive leased equipment is insured with a company that has designed insurance with the lessee in mind."
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