VeriDrive Blog

Welcome to VeriDrive Insurance Agency: Revolutionizing Commercial Auto Insurance with Telematics-Driven Solutions

PUBLISHED: September 26, 2024

Hi, I'm Andrew Chermark, and I'm thrilled to introduce you to VeriDrive Insurance Agency. With over 25 years of experience in telematics and fleet management through our sister company, Smart Fleet, I've always been passionate about helping small and medium-sized businesses improve their productivity and efficiency using innovative technology.

Our Journey

The story of VeriDrive began with my career in wireless technologies. Back in the days of Cellular One and Nextel, I witnessed firsthand how businesses could benefit from knowing the location of their employees in real time. It was a game-changer: companies saw a 30 to 40 percent increase in productivity just by using third-party GPS tracking software.

As technology evolved, so did the solutions available to businesses. The introduction of plug-and-play devices added new features like mileage tracking, odometer readings, and monitoring driver behavior such as harsh braking, rapid acceleration, and speeding. This not only improved operational efficiency but also highlighted the importance of safe driving practices.

This technological evolution led to the creation of Smart Fleet in 2008, where we specialized in GPS tracking and fleet management solutions. But we didn't stop there. Realizing the need for comprehensive risk management and safety programs, we founded Ensure Analytics. This company focused on helping business owners reduce fleet risks, offer loss control services, and develop effective fleet safety programs. Our goal was to showcase safe driving trends and improvements to secure better insurance costs for our clients.

The Birth of VeriDrive Insurance Agency

Our experience with Smart Fleet and Ensure Analytics showed us the immense potential of using telematics data for more than just operational efficiency. We saw an opportunity to change the commercial auto insurance landscape by leveraging this data to benefit fleet owners directly. That's how VeriDrive Insurance Agency was born. At VeriDrive, we don't just offer traditional commercial auto insurance. We harness the power of telematics and the data from existing GPS tracking accounts to provide data-driven pricing and more personalized insurance solutions. By working closely with insurance carriers, we can negotiate better rates based on actual fleet performance, not just industry averages.

This journey reminds me of a scene from the movie The Founder, where Ray Kroc learns that McDonald's isn't just in the hamburger business; they're in the real estate business. Similarly, at VeriDrive, we're not just in the insurance business—we're in the business of building a safety culture. We're committed to making it easy and convenient for small businesses to access competitive insurance rates while integrating safety programs that reduce the frequency and cost of claims.

Our Mission

Our mission at VeriDrive is simple: to revolutionize commercial auto insurance by using the technology and data already at our disposal to make fleets safer and insurance more affordable. We believe that every small business deserves access to the same safety programs that large companies use to manage risks and lower insurance costs.

We're here to help business owners look more attractive to insurance underwriters by leveraging the same tools that have already proven to boost productivity and efficiency. Our goal is to make fleet risk management and competitive insurance accessible, straightforward, and effective.

What We Offer

  • Telematics-Connected Commercial Auto Insurance: We use real-time data from your fleet to provide personalized insurance rates based on actual driving behavior and fleet performance.
  • Fleet Safety Programs: Through Ensure Analytics, we offer customized safety programs designed to reduce accidents, improve driver behavior, and lower your insurance premiums.
  • Data-Driven Pricing: We harness the power of existing GPS tracking accounts to negotiate with insurance carriers for better, data-driven pricing.

Drive Smart and Save Big with VeriDrive

Our commitment goes beyond just providing insurance; we're here to partner with you on your journey to safer, more cost-effective fleet operations. I invite you to learn more about how VeriDrive can help your business thrive by visiting us at veridriveins.com.

Remember, at VeriDrive Insurance Agency, we're not just offering insurance—we're building a safer, more efficient future for small businesses. Drive safe and save big with VeriDrive! Thank you for joining us on this exciting new chapter. I look forward to helping you achieve better safety and savings for your fleet.

Andrew Chermark
Founder of VeriDrive

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