Voyager Global Mobility Partners with Nexar
In an era where safety and efficiency take precedence in the rideshare industry, Voyager Global Mobility has taken a significant step by partnering with Nexar, a company renowned for its AI-driven mobility solutions. This strategic collaboration aims to equip both FastTrack and Buggy brands under Voyager's umbrella with state-of-the-art AI dashcams as part of the innovative Drive Smart program. This initiative is poised to kick off in the bustling urban landscape of New York City before expanding throughout the East Coast and potentially across the global fleet of 11,000 vehicles.
The initial agreement includes a supply of 2,000 dashcams with the potential option to scale up to 12,000 units. The introduction of this advanced technology is set to enhance the safety of rideshare drivers while simultaneously reducing liability issues and streamlining claims processing. Rideshare drivers frequently encounter safety risks and disputes over rides, but with Nexar’s cutting-edge dashcams, they can access real-time incident detection, automatic video recording, and seamless claims processing.
Nexar's approach stands out among various telematics solutions by incorporating AI-powered vision in its technology. This enables both fleet operators and individual drivers to gain direct access to crucial safety insights, fostering an environment marked by increased transparency and accountability within the rideshare ecosystem. According to Nexar's CEO, Zach Greenberger, this partnership represents a milestone in establishing AI dashcams as a standard for improving rideshare safety. He stated, "While video telematics clearly improves safety, cuts insurance costs, and keeps drivers working, access has remained fragmented. Our collaboration with VGM signifies a true momentum towards change."
The importance of risk management cannot be overstated, especially in the rideshare sector. New York City is currently facing a looming insurance crisis attributed to inadequate regulatory oversight. Despite VGM’s historical leadership in risk management, the collaboration with Nexar marks a pioneering move in navigating regulatory shortcomings. The ability to provide video evidence of accidents not only serves to mitigate costs but also combats instances of fraud that have historically influenced rising insurance premiums. The flagship achievement of the VGM Drive Smart program is its use of advanced telematics to deliver weekly reports on drivers' risky behaviors, resulting in a remarkable 40% reduction in hazardous driving through continuous feedback.
“We are committed to empowering rideshare drivers with the finest vehicles, service, and tools for success,” Jeremy Moskowitz, Executive Vice President of Rideshare Strategy at VGM, expressed. “Choosing Nexar was a clear decision, enabling us to offer our customers free access to technology that protects them while improving overall industry safety. Rather than allocating significant funds to cover hikes in premiums due to others' mistakes, we are directly investing in driver safety through partnerships like this one.”
The safety of rideshare drivers is further jeopardized by the risk of unfair deactivations, which threaten their financial stability. Reports suggest that over 40% of drivers experience deactivation during their careers, often resulting from disputed incidents lacking adequate evidence. With video footage, drivers can resolve these deactivation issues 2.5 times faster, enabling them to return to work quickly. Nexar uniquely offers fleet solutions while providing rental customers access to their dashcam footage, strengthening their position in the market.
This collaboration not only facilitates easier access for drivers to safeguard themselves on the roads but also enhances their capabilities to resolve disputes promptly with cutting-edge AI technology that was once beyond reach. VGM’s proactive investment ensures that drivers can harness these powerful tools at no additional cost.
For those seeking more information about Nexar’s pioneering AI-based technology and solutions, further details can be found at
https://www.nexar-ai.com/.
About Nexar
Nexar's unique approach in turning vehicles into vision sensors allows them to gain insightful data about the world around them. Their platform is not only focused on enhancing driving experiences but aims to create robust vision-connected services and applications for a safer, more efficient transportation ecosystem.
For more information, visit
https://www.nexar-ai.com/.
About Voyager Global Mobility (VGM)
Voyager Global Mobility provides a comprehensive solution for rideshare drivers, offering professionally managed vehicles on a subscription basis. With a growing fleet of 11,000 vehicles, VGM is the leading provider in New York City and operates in numerous other key cities. In addition to rideshare services, VGM also provides fleet management solutions to local governments and rideshare platforms across 27 cities. For more details, visit
https://www.voyagergm.com/.