March 21, 2012
NexTraq and GMAC Partner for Insurance Savings
GPS fleet tracking provider and national insurance company work together to provide customers lower insurance premiums
NexTraq™, the value leader of GPS fleet tracking and vehicle management solutions, today announces a partnership with GMAC Insurance, one of the largest automobile insurers in the United States. As a result of the partnership, companies that have the NexTraq GPS Fleet Tracking platform are eligible for significant insurance discounts for their commercial fleets.
Mark Roberts, CMO of NexTraq, said, “The combination of GPS tracking and insurance is becoming commonplace in the personal insurance sector. For the first time, NexTraq and GMAC Insurance are bringing these innovations to the business market. At NexTraq, we focus on being the thought leader in the GPS fleet tracking and telematics space to offer our customers what no other provider can.”
The NexTraq Fleet Tracking platform offers driver safety and anti-theft features that provide customers with a tool to mitigate risk and liability. With Speed Alert and Posted Speed Alert functionality, fleet managers know immediately when a driver is speeding or being overly aggressive. Additionally, customers use our geofencing technology and Asset Tracker line to ensure both their vehicles and the assets on them are protected from theft.
“This new partnership with well-respected GMAC Insurance will provide substantial savings to our commercial fleet customers,” explains Mike Scarbrough, CEO of NexTraq. “The NexTraq Fleet Tracking platform gives our customers the ability to monitor their vehicles, but more importantly, it helps them protect their assets and improve driver safety, both important risk management issues.
In an ISO Review article, Managing Risk through Telematics, “Businesses that pro-actively utilize fleet management solutions have realized up to 30% reduction in accidents.”
“We are excited about partnering with NexTraq, one of the leaders in fleet management and fleet tracking solutions,” said Rick Smith, Senior Commercial Vehicle Product Manager for GMAC Insurance. “Through the partnership, we believe we will attract customers who emphasize safety and care in the management of their vehicles and drivers. Fleet management systems have proven to reduce accidents significantly. We are an insurance company of choice for businesses with commercial vehicles that use fleet management solutions. We back it up with one of the best claims services in the country, and now additional discounts.”
To be eligible, NexTraq GPS Fleet Tracking devices need to be installed in the vehicle. For more information on NexTraq’s partnership with GMAC insurance or its Fleet Tracking platform, please visit http://www.nextraq.com or call 800.358.6178.
Established in 2000, NexTraq provides the highest value GPS fleet tracking solution in the telematics industry. The NexTraq™ platform is a cloud-based application that enables service and distribution businesses to optimize fleet operations while reducing operational costs and maximizing revenue. Based in Atlanta, NexTraq customers achieve ROI in as little as one month. For more information, please visit www.nextraq.com.
About GMAC Insurance Personal Lines Group
GMAC Insurance Personal Lines Group is one of the largest automobile insurers in the United States. GMAC Insurance Personal Lines Group offers property and casualty products, including personal auto, RV, motorcycle, commercial auto and more. With a nationwide network of claims professionals and a 24-hour, toll-free claims hotline available 365 days a year, GMAC Insurance provides superior claims service for its customers.