No single initiative can be considered a silver bullet in addressing a poor safety record or excessive accident costs.
Our system is often introduced as part of a package of measures that each play their part in overall improvements. However, our customers provide us with many anecdotes and references describing dramatic improvements.
Supporting Examples:
- Hanover Insurance achieved a 52% reduction in insurance dollar losses over a one year period.
- Great West Casualty studied 78 companies with 10 to 300 vehicles each, showing
- a 51% improvement in loss ratio
- a 53% improvement in accident frequency
- a 67% improvement in DOT reportable (infringements)
- John Deere Transportation Insurance conducted a 63 client ‘before and after’ study. After one year:
- the loss ratio fell by 45%
- there was a 32% reduction in incidents
- the number of customers with Zero losses went from 9 to 26