The Collaboration Aims To Chart A More Responsible Standard for Regulators Struggling With Insurance Crises
NEW YORK, March 4, 2025 /PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, today announced it has been selected by Voyager Global Mobility (VGM), North America's leading fleet and service partner for rideshare drivers, to supply AI-powered dashcams across its FastTrack and Buggy brands as part of its Drive Smart program. Beginning in New York City before expanding throughout the East Coast, VGM plans to eventually integrate the technology across its entire global fleet of 11,000 vehicles. The initial purchase includes 2,000 dashcams with an option to expand to 12,000 units. The technology will enhance driver safety, reduce liability, and streamline claims processing.
Rideshare drivers face daily safety risks and ongoing vulnerability to ride disputes, and Nexar's connected dashcams offer real-time incident detection, automatic video recording, and seamless claims processing. Unlike other telematics solutions that rely solely on sensors and IMU data, Nexar's technology leverages AI-powered vision to provide both fleet operators and individual drivers with direct access to safety insights, ensuring greater transparency, accountability, and trust in the rideshare ecosystem.
"Our partnership with Voyager Global Mobility marks a turning point in making AI dashcams the standard for rideshare safety. While video telematics clearly improves safety, cuts insurance costs, and keeps drivers working, access has remained fragmented," said Zach Greenberger, CEO of Nexar. "By joining forces with VGM, we're creating true momentum, not just expanding our reach. VGM's shared commitment to driver protection and innovation makes them the perfect partner as we establish a new benchmark for safety and transparency in the gig economy."
Risk management is critical in the rideshare industry across all stakeholders. In New York City, the nation's largest rideshare market, an insurance crisis looms due to inadequate regulatory oversight. While VGM has always been a leader in risk management, the company is trailblazing a better path forward with Nexar amid regulatory shortcomings. Having video evidence of accidents is critical and helps to cut down on fraud, which has been inflating insurance costs for years. More than just efficiency in claims processing, the crowning achievement of this partnership is the VGM Drive Smart program, which uses the advanced telematics of the cameras to give rideshare drivers a weekly report on their own risky driving behavior. An initial safe driving pilot at VGM showed a 40% reduction in risky driving behavior through sharing consistent driving reports with customers.
"VGM is not just a rental car company?we are laser-focused on empowering rideshare drivers with the best vehicles, service and tools for success. Selecting Nexar was an obvious choice to provide our customers with free access to technology that protects them and enhances industry safety," said Jeremy Moskowitz, Executive Vice President of Rideshare Strategy at VGM. "While we've advocated for smarter innovations in rideshare insurance, government action has unfortunately stalled. Rather than pouring millions of dollars into higher premiums caused by other's mistakes, we're investing directly in driver safety solutions like Nexar. That's the VGM difference."
Unfair deactivations also threaten rideshare drivers' financial stability. Over 40% of drivers face deactivation during their careers, often from disputed incidents where they lack evidence. Without video proof, drivers risk permanent banning, losing income and incurring legal expenses. Dashcam footage helps drivers resolve deactivation issues 2.5× faster, quickly returning them to work. Nexar is the only company that provides fleet solutions, while also giving rental customers direct access to the footage.
With this partnership, Nexar and VGM are making it easier than ever for drivers to safeguard themselves on the road, resolve disputes faster, and access cutting-edge AI technology that was previously out of reach. VGM's investment puts these powerful tools in the hands of drivers, at no additional cost to them.
For more information about Nexar and its AI-powered vision technology, visit https://www.nexar-ai.com/.
About Nexar
Nexar turns cars into vision sensors to understand the world. Its platform powers vision-connected services and apps at scale, making new vision-based applications for better driving powered by a crowd-sourced vision feed. Using anonymous, aggregated data captured from this network, Nexar has developed a portfolio of vision-based data services for the autonomous vehicle industry and public and private sector partners to make roadways safer and more efficient. More information at https://www.nexar-ai.com/.
About Voyager Global Mobility (VGM)
Voyager Global Mobility (VGM) is a rapidly-growing mobility operating company that provides professionally managed vehicles to rideshare drivers on a weekly subscription basis. VGM currently manages a fleet of 11,000 vehicles, growing by 2,500 vehicles year over year. The largest such provider in New York City, VGM also operates in Boston, Philadelphia, D.C., Milwaukee, Miami, Tampa, Orlando, Atlanta, Phoenix, Dallas, Houston, Austin, Las Vegas, throughout Mexico and Costa Rica. In addition to the rideshare subscription service, VGM also provides managed fleets to local governments and rideshare apps in 27 cities. For more information please visit https://www.voyagergm.com/.
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SOURCE Nexar
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