Can I reduce insurance spend during COVID-19?
Given the quarantine measures of the last 2 months we have seen a significant fleet mileage reduction for many companies. The question now surrounds insurance spend as risk reduces or as fleets become static. This reduction in mileage has an immediate impact on some operational costs, the most visible being fuel cost but also the […]
Up to 65% reduction in claim cost for your fleet
An ongoing driver safety campaign with a global technology company have shown some fantastic results. In less than 12 months, drivers on our safety campaign have posted a 65% reduction in incident costs vs an increase of 20% for drivers not participating in the campaign. This decrease in cost was the result of both a […]
What are your thoughts on vehicle insurance and privacy?
People who don’t want a device in their car are probably also bad drivers. They therefore pay a higher premium. Insurance Company Director We are talking about the black box in cars that records how and sometimes where you drive. Not everyone has to drive around with such a black box, however, those that do […]
Electric Vehicles and damage repair cost
We recently encountered an article on damage cost on EV’s. According to the article published by a leading Insurer, damage repair cost on electric vehicles are approximately 25% higher than cars with internal combustion engines. There are several reasons for the considerable difference in repair costs. One has to do with the vehicle construction. Expensive […]