Fleet News

Fleets encouraged to adopt telematic insurance

Fleets are becoming increasingly interested in using telematics systems to reduce their insurance premiums.

Toad Group has stepped up trials of pay-per-use insurance telematics and is working with insurers to trial the systems, which are currently fitted to over 5,000 fleet vehicles across the country.

The technology is being used to calculate premiums based on when and how each vehicle is driven.

“We expect companies operating large fleets of vehicles to be among the first to embrace the benefits of this technology,” said Andrew Sarssam, Toad director of sales.

“These telematics systems go further than just improving fleet management and fleet efficiencies.

"They allow managers to manage risk and duty of care.”

This, he points out, is now being used by some fleets to negotiate cheaper premiums.
 

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