Park Logisitics - Creating Supply Chain Solutions

Park Logistics - Creating supply Chain Solutions

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CV Show 2012: Data can help cut insurance

  • 24 April 2012
  • By Steve Hobson

Fleet operators can save tens of thousands of pounds on insurance premiums by sharing telematics data with their insurer, says TomTom Business Solutions.

Announcing a tie-up with Towergate Insurance, TomTom says identifying and training the worst drivers in a fleet to reduce accident rates can cut premiums significantly.

“TomTom technology promotes safer driving by giving businesses the tools to monitor driver performance,” says Giles Margerison, director UK and Ireland at TomTom.

TomTom says using telematics to cut accidents is more effective than just putting cameras in cabs to record incidents, but cameras and telematics combined are best against ‘crash for cash’ scams.

“When businesses use this technology in conjunction with driver training they are able to establish sustainable driver improvement programmes.”

Larry Smith, MD of Towergate Insurance Motor, adds: “Telematics is the future of commercial motor insurance in the UK.”

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Article source: http://www.commercialmotor.com:80/latest-news/data-can-help-cut-insurance