Posted on 07 May 11
As fleet managers seek new ways to use technology to improve driver behavior, fuel efficiency and overall performance, The Hartford Financial Services Group, Inc. announced that it will offer its FleetAheadSM risk management program to commercial fleet customers with loss sensitive insurance programs.
FleetAhead integrates vehicle telematics offered by several preferred providers with specialized loss control services and customized reports to help fleet managers identify ways to reduce risky driving behavior and lower vehicle operating costs.
"As commercial fleet owners increasingly use in-vehicle technology to capture data related to driving behavior, fuel efficiency and vehicle performance, they are seeking guidance on analyzing the data," said Kevin Finn, vice president of The Hartford's National Accounts. "With FleetAhead, we're able to assist commercial fleet customers in their efforts to translate data into actionable plans that help them control their total cost of risk."
The FleetAhead program is designed to help:
Measure specific driving risk in an efficient manner through the use of telematics technology chosen by the insured.
Coach fleet and risk managers on incorporating driving behavior data into risk management programs and help address issues in a positive, constructive manner.
Improve fleet performance through programs to help mitigate risk and lower vehicle operating costs.
During a six-month market test, FleetAhead helped a regional beverage distributor reduce risky driving behavior in a fleet of more than 100 vehicles by 75 percent, which helped increase fuel efficiency by nearly 7 percent — about $300 per vehicle — and reduce accident costs by 80 percent.
Preferred telematics providers for FleetAhead include DriveCam, Inc., a global driver risk management company that specializes in video-based telematics, and the Evogi Group, a premier provider of vehicle insurance telematics capabilities. Additional providers are expected to join The Hartford's platform during the next several months.