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Transforming fleet risk management

As rising insurance premiums put mounting pressure on fleet operators, the need for more proactive risk management has never been more critical to improve safety and reduce operational costs.

As rising insurance premiums put mounting pressure on fleet operators, the need for more proactive risk management has never been more critical to improve safety and reduce operational costs. A comprehensive risk approach should combine effective risk mitigation strategies with innovative technology and risk transfer solutions. Integrating advanced telematics technology with expert risk advisory services can help fleet operators redefine safety and cost efficiency, strengthening their fleet operations.

Among fleet operators’ top priorities are improving driver safety and ensuring proper vehicle maintenance and management. Leveraging real-time data can help fleet managers gain greater visibility into their fleet operations and inform more strategic decision-making. Additionally, a data-driven approach allows for more tailored recommendations that address specific client needs, from technology choices to adjustments in driver behaviour.

Marsh’s risk advisory specialists can work with your business to better understand your exposures and the intricate connections between driver wellbeing, safety, environmental impact, and overall business costs. Our technology partner, Samsara, offers advanced fleet management solutions to help businesses like yours manage claims more effectively, reduce costs, and ultimately improve driver safety. The result is a comprehensive risk management strategy that empowers you to take control of your operations and become more resilient.

As the fleet industry continues to evolve, this integration of technology and data-driven insights will continue to be crucial. Samsara and Marsh’s partnership exemplifies the power of collaboration in creating innovative solutions that not only enhance safety but also drive down costs.

Looking ahead to the future of fleet risk management, embracing technology, data, and tailored insurance solutions is not only a cornerstore of safer operations and more sustainable business practices — but a competitive edge.

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