Assurant and Evident Deliver Industry-First End-to-End Risk Protection for Commercial Equipment Rental Industry
This joint offering enables rental companies and dealers to instantly verify insurance coverage, flag non-compliant policies before equipment leaves the yard, and seamlessly enroll uninsured or underinsured renters in Assurant-backed protection programs.
鈥淲e鈥檙e proud to team up with Evident to offer rental companies and their customers a smarter, streamlined path to risk protection, while unlocking new revenue opportunities for dealers,鈥� said Mike Medeiros, vice president of commercial equipment at Assurant. 鈥淭ogether, we鈥檙e setting a new benchmark for best-in-class equipment rental risk management.鈥�
鈥淭his is more than a partnership 鈥� it鈥檚 two category leaders coming together to solve the industry鈥檚 biggest risk exposure in a smarter, more profitable way,鈥� said Justin Leslie, head of sales at Evident.
A Complete Solution for Rental Risk
Industries like construction, forestry/logging, and agriculture face significant exposure when equipment leaves the lot without verified insurance coverage. This partnership delivers a streamlined workflow that includes:
- Automated insurance verification
- AG真人官方-time flags for non-compliant or expired Certificates of Insurance
- Instant eligibility for Loss Damage Waiver (LDW) coverage via Assurant
- A simplified opt-in process at point-of-rental
Partnership That Protects Customers and Drives Profitability
When renters lack valid insurance, LDW coverage can be offered instantly, enhancing customer protection while generating additional revenue for dealers and manufacturers. The integrated workflow reduces friction for staff and delivers a faster, more secure rental experience.
Assurant brings more 35 years of experience supporting the industries that keep our world turning, with a suite of protection products tailored for heavy equipment, trucks, and commercial vehicles. Assurant鈥檚 services include extended service contracts, physical damage insurance, guaranteed asset protection, lessor鈥檚 liability, and more.
鈥淎s the leading insurance tracking provider for both commercial and consumer portfolios, this partnership expands our suite of tracking solutions to span leased, financed, and rental equipment,鈥� added Medeiros. 鈥淚t also enables us to deliver niche protection products designed for B2B partnerships.鈥�
Evident鈥檚 automated verification platform ensures that LDW protection offerings are deployed intelligently when renters lack coverage, policies are expired, or equipment is especially high-value or high-risk.
鈥淭his is about more than efficiency,鈥� added Leslie. 鈥淚t鈥檚 about delivering confidence and coverage where it matters most.鈥�
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About Assurant
Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world鈥檚 leading brands to safeguard and service connected devices, homes, and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experiences. Learn more at .
About Evident
Evident gives Risk and Operations leaders the tools they need to automate third-party insurance verification, reduce exposure, and ensure compliance across their rental customer networks. With fast verification, intelligent workflows, and the industry鈥檚 largest business credentialing network, Evident powers a faster, more confident way to manage risk. Learn more at .
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Media Contacts:
Assurant Media Contact:
David Biss
Communications Manager
[email protected]
Evident Media Contact:
John Rote
CMO
[email protected]
Source: Assurant, Inc.
