In the second half of the nineties, our company was a pioneer in Hungary to insure special risks related to leasing contracts for machinery and commercial vehicles, later also for passenger cars. The company elaborated a series of special clauses and endorsements to mitigate lenders’ risks. As commercial vehicles are concerned, our solutions would cover financial loss adjacent to the premature selling of the vehicle, as well, as infidelity and several other risks, usually excluded with standard products.
Taking into account the specialist covers referred to, the majority of leasing companies in Hungary became our clients between 1997 and 2008.
Our company was a pioneer
in Hungary to insure special
risks related to leasing contracts
for machinery, commercial
vehicles and passenger cars.