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Reduce Fleet Risk to Make Savings

The fleet department understands what it is and why it’s needed.  The Directors aren’t sure if it’ll work, why it’s necessary or what it’ll save for the business” If I had a pound for every time I hear this! The truth is that a fleet risk proposal does come across as all ‘jam tomorrow’, or ‘certain cost:...

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“Fleet risk strategy …… how to see the wood for the trees”

“So how am I supposed to pull all this fleet risk data together and come to some sensible conclusions when I have all these other fleet responsibilities to deal with?” The feedback we get from fleets is sometimes relating to ‘why invest in Risk management’, but more usually it’s about lack of resources – not just time...

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Telematics is like a steering wheel

What does that mean? Well, a steering wheel’s true purpose in guiding a vehicle round a corner or keeping it on the straight and narrow is not revealed until it is being used properly.  In other words connected to the front wheels so the driver can control the vehicle. Similarly, a telematics system cannot help you to...

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Running a Fleet. How risky is it, really?

In the light of recent contradictory court decisions involving corporate manslaughter by fleets, maybe the question is now: What, in the hierarchy of a fleet’s needs, is the more important: health & safety compliance or reduced claims experience? Or are they just as important as each other? The work involved in achieving the latter usually means automatic...

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Why is the need to integrate sources of fleet risk data so important?

What is the issue here? In the latter part of the 20thcentury, we saw a dramatic rise in the use of contract hire as a way of acquiring motor vehicles for business.  The reason was not just because it was off-balance sheet but because in one monthly payment, the fleet could buy an integrated solution that included...

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FLEET RISK COST versus FLEET INSURANCE COST

As was revealed in a recent survey (by Tom Tom Business), 40% of fleets suffered insurance premium rises in the last year and 24% admit they don’t really know what they’re required to do in terms of managing road risk. These statistics combined are very illuminating because they imply that despite rising insurance premiums, many fleets don’t...

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