Business Asset Protection Insurance available to all UK business that use asset finance to purchase assets for their business. 

Businesses have the choice of taking the insurance cover as part of the asset finance process as an alternative to the mandatory insurance cover put in place by the funders after the finance agreement is activated.

This product can be provided by all UK-based finance brokers and funders who want their customers to benefit from buying a comprehensive insurance policy and at the same time making sure the assets they have financed are protected by a reputable insurer, Axis Specialty Europe SE.

An optional commission is available for distributors at their request. 

This product is processed on our proprietary platform, SPECS ^TM .

Through our automated systems we are able to directly load new policy applications through data feeds as well as our API.

As soon as a business applies for Business Asset Protection Insurance, our UK based team handles all policyholder communications.

Once a policy is in place, we send a notice to the funder to advise the financed assets are insured.