by admin on February 8, 2012
Amsterdam, 08 February 2012 – TomTom has made a landmark move into the insurance market by providing the technology behind a new insurance product, which bases premiums on driving behaviour.
TomTom has teamed up with insurance broker Motaquote for the launch of Fair Pay Insurance – a product that rewards ‘good’ drivers with lower premiums.
“Our entry in the insurance market with our proven fleet management technology puts us at the forefront of a move that could help to revolutionize the motor insurance industry,” said Thomas Schmidt, Managing Director TomTom Business Solutions.
“We offer a unique combination of navigation, traffic information and telematics which opens up great opportunities for insurance companies to promote greener, safer driving and create a ground breaking portfolio of new insurance products.”
“We are delighted Motaquote have recognized this potential in the launch of such an innovative product.”
Fair Pay Insurance gives drivers control over their own policy by using driving ability and behaviour to allocate premiums, rather than so-called risk factors such as postcode, gender, and age or vehicle type.
“We’ve dispensed with generalizations and said to our customers, if you believe you’re a good driver, we’ll believe you and we’ll even give you the benefit up front,” said Nigel Lombard, Managing Director of Fair Pay Insurance.
“This is unlike some other telematics-based schemes where you may have to prove your ability over a number of months. So if you think of your insurance as your car’s MPG – the better you drive, the longer your fuel will last. It’s the same with Fair Pay Insurance, good drivers get more for their money and in that sense they will pay ultimately less.”
Drivers who sign up for Fair Pay will benefit from a specially-developed TomTom PRO 3100 navigation device, which includes Active Driver Feedback and LIVE Services. This means policy-holders can be alerted to driving events, such as harsh cornering and sharp breaking, and benefit from accurate traffic information updated every two minutes.
They will also have a LINK tracking unit fitted in their vehicles, allowing driver behaviour and habits to be monitored. This information can then be viewed by the policy-holder in their driver dashboard, an online tool that details journey and driver behavior data, and in regular email bulletins.
by admin on February 4, 2012
GPS Fleet Tracking systems help you get the most out of your employees, both in the office and in the field.
In five key areas
1: Saving you money
By reducing the amount of fuel used to carry out the same tasks, GPS Fleet systems repeatedly prove to save fleet operators money. Whether this is achieved through reduced idle times, more accurate monitoring of private use or through more direct journeys, the money saved on fuel can result in the system paying for itself in as little as six months! Many Fleet customers have saved up to £1,000 a year per vehicle, on reduced fuel costs alone. Case studies are available upon request.
2: Servicing your customers
No matter what market you operate in, standing out from the competition by providing first class customer service is vital. Telematic Fleet systems provide powerful information at a glance, empowering you to keep customers informed whilst maximising the efficiency of your drivers. Through LIVE vehicle tracking, your team can provide accurate arrival times, search for vehicles closest to a chosen location, generate detailed journey reporting for proof of service, and educate drivers on efficient routes.
3: Aiding productivity
Ensuring the productivity of your workforce is a very difficult task, even with the most loyal and committed employees. Coupled with this is the burden of administration involved with owning and operating a vehicle fleet. Fleet Tracking systems automatically capture data on vehicle usage, meaning you can generate detailed and powerful reports at a click of a button – without the legwork! LIVE vehicle monitoring also helps you ensure your vehicles and drivers are where they should be. The impact a fleet tracking system has on driver behaviour is particularly interesting. The initial, and often negative attitude drivers have is quickly replaced with a sense of acceptance and reassurance that their safety and wellbeing are of importance to their employer. Furthermore, the knowledge that their location is being monitored results in a reduction in vehicle abuse and more direct and efficient journeys.
4: Helping you comply
The Corporate Manslaughter and Corporate Homicide Act 2007 came into force on April 6, 2008. If senior management have shown gross negligence to the health and safety of their workforce and a death occurs, an offence of corporate manslaughter or corporate homicide now applies. Perhaps more significantly, individual senior managers can now be held personally responsible for the health and safety of their employees. Fleet tracking systems automate the monitoring of vehicle usage and reminds your team when vehicle services are due, when tyres and cam-belts need replacing, help to identify drivers that drive excessively fast, and when vehicles are being used improperly. LIVE vehicle tracking also lets you produce detailed journey and incident reports.
5: Helping reduce your footprint
CO2 emissions from corporate travel can account for over 25% of a company’s carbon ‘footprint’. Emissions from travel are highly visible to staff, investors and customers, and often linked to the perceived environmental impact a business has on the environment. Reducing the carbon use of your vehicle fleet is an obvious area for you to target in order to reduce your overall carbon use. GPS Fleet tracking systems provide you with the ability to calculate how much carbon your fleet is using, empowering you to take measures to reduce or offset this use. It does this through an intelligent Carbon Usage Calculator that automatically considers vehicle type, engine size, fuel type, miles travelled and variable speeds.
Road Angel Fleet’s products provide tangible benefits to fleet operators, and considering their low cost, deliver outstanding return on investment.
