The digital data analytics platform for fleet operators and the insurance market.
Watch this short two-minute video for a high-level overview of the benefits of a data-driven approach to risk management in fleet insurance.
Alternatively, you can continue reading the key details below.
Play videoBy aggregating and analysing fleet risk data you can ensure that your resources are focused on the activities that deliver the most value.
Automate standard risk placement for faster service
Provide real-time risk management services to reduce losses
Provide instant support to drivers in the event of a collision
Data can provide insights into real-time risk and risky behaviours to help you offer new products and services in a very competitive market. Better visibility of risk and the behaviours that correlate to claims helps you to:
Identify gaps in cover for new product development
Offer risk management consultancy to mitigate risk
Create data-driven, flexible products that meet the changing needs of clients
Leveraged well, this strategy can help you drive sustainable business growth.
Commercial drivers face significant risks on a daily basis whilst out on the road. Fleet operators have a duty of care to provide a safe working environment for all employees. Real-time telematics data and a better understanding of the behaviours that lead to claims can help operators and insurance practitioners to:
Raise awareness of risky behaviours
Schedule coaching for drivers who may need it
Provide immediate support to drivers in the event of a collision
By taking a proactive approach to mitigating risk you can:
Protect your drivers at all times
Attract and retain commercial drivers
Compete effectively in a crowded fleet market
Protect your brand reputation
Minimise downtime by reducing the frequency and severity of collisions
Instant alerts can help you to take control of claims. By assuming control of the claim for your client you can speed up the end-to-end process and keep claims costs down. Savings of up to £3k per claim can be made by:
Using your preferred suppliers for replacement vehicles and repairs
Get replacement vehicles out as soon as possible to reduce delays client side
Quicker decision-making on payment of claims
Real-time data can help Insurers and Brokers to identify opportunities to develop new products and services to better serve existing fleet clients or to open up new markets that may have previously been categorised as too risky. Examples of new products and services in this sector include:
Usage-based insurance
Premium reductions for drivers using telematics and camera technology
Tailored driver coaching programmes
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