Assurant, Inc. announced a strategic partnership with Evident, a provider of AI-powered rental insurance verification solutions, to introduce the commercial equipment rental industry’s first end-to-end risk management solution, combining world-class automation with proven protection.
The joint offering provides rental companies and dealers the ability to verify insurance coverage, flag non-compliant policies before equipment leaves the yard, and enroll the uninsured/underinsured renters in Assurant-backed protection programs. Assurant’s services include extended service contracts, physical damage insurance, guaranteed asset protection, lessor’s liability, and more.
“We’re 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,” says Mike Medeiros, vice president of commercial equipment at Assurant. “Together, we’re setting a new benchmark for best-in-class equipment rental risk management.”
“This is more than a partnership— it’s two category leaders coming together to solve the industry’s biggest risk exposure in a smarter, more profitable way,” said Justin Leslie, head of sales at Evident.
- Automated insurance verification
- Real-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
Customer Protection
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.
“As 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,” added Medeiros. “It also enables us to deliver niche protection products designed for B2B partnerships.”
Evident’s 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.
“This is about more than efficiency,” added Leslie. “It’s about delivering confidence and coverage where it matters most.”
