Ryder Selects REIN to Launch Embedded Insurance Program for Used Truck Customers

REIN’s comprehensive embedded insurance offering aims to simplify insurance process for Ryder used vehicle customers

Ryder System, Inc. selects REIN to launch “Insurance Services by REIN,” to Ryder used vehicle sales customers. As a leader in insurtech solutions, REIN can now provide its new insurance coverage offering directly to Ryder used vehicle sales customers for added convenience at the point of truck purchase.

Ryder offers the largest network of used commercial vehicles for sale in the United States with 58 Used Truck Center (UTC) locations offering a large selection of pre-owned trucks, vans, and trailers for sale.

“Teaming up with REIN to provide these new insurance offerings supports our priority to enhance the customer experience on all fronts – from buying a used vehicle off the lot to insuring it on the road,” says Eugene Tangney, vice president of used vehicles sales at Ryder. “Understanding and finding the right truck insurance policy is a common pain point for our customers. Being able to offer a wide array of relevant coverage options through REIN’s embedded insurance offering, alongside other Ryder benefits such as flexible financing, warranty, and preventative maintenance, is key in helping our customers achieve their business goals quicker and more easily.”

Embedded insurance is quickly becoming a critical tool in the transportation industry’s evolution into providing bundled services. It allows companies to offer direct-to-customer insurance solutions at the point of transaction.

“At REIN, our goal is to empower the world’s largest brands with technology to make embedded insurance offerings immediately available and accessible to their customers when and where they need it,” says Steve Rabbitt, CEO and co-founder at REIN. “We are consistently impressed with the Ryder team’s vision and commitment to being at the forefront of industry transformation, and are thrilled to team up with Ryder to help their customers seamlessly access REIN’s comprehensive coverage options that are fundamental to protecting and growing their trucking operations.”

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