Owners of large fleets are confronted with a multitude of risks that can have far-reaching consequences for their drivers, other motorists, pedestrians, and their business. Aside from the threat to safety, collisions and other incidents could lead to increased repair, replacement, and insurance costs that could impact an organization’s finances.
But advanced technology, particularly telematics, can provide fleet owners with a wealth of data that allows them to identify specific challenges and proactively address risks, potentially reducing the number of incidents and lowering associated costs. Making the necessary data-based safety improvements can also help fleet operators lower insurance costs.
In this episode of Risk in Context, Paul Woodward, Head of Casualty at Bowring Marsh in the UK, speaks with Rich Bleser, Fleet Specialty Practice Leader within Marsh’s Advisory Practice, and Alasdair MacKechnie, Casualty Underwriter at Inigo Insurance Syndicate in London. They discuss the daily challenges faced by fleet owners and explore how technology-derived data can be leveraged to better manage risks.
