Fleet News

Driver behaviour not gender should be a key consideration, say Trimble

An objective way for insurers to make a fair assessment on a driver’s insurance premium is to take account of their behaviour behind the wheel.

That’s the message from Andy Yeoman, managing director of Trimble’s UK Mobile Resource Management (MRM), a provider of telematics technology.

The European Union’s top court has ruled that after 2012 insurance companies can no longer make risk assessments based on gender.

This further emphasizes the view of Trimble MRM, which is proactively working with insurance companies to provide salient driver information via in-vehicle technology.

The data captured by Trimble telematics devices can enable insurers to take into account speeds, times of travel, road usage and harsh manoeuvring when determining premiums.

Yeoman said: “By basing premiums solely on age, sex, where we live and the type of car we drive, insurance companies can make some very general assumptions about the way we behave behind the wheel, and those assumptions may not always be accurate.

“We are already seeing a number of insurers take a ‘pay-as-you drive’ approach to premium calculations, but this is currently only in its infancy and involves those drivers considered a higher risk based on age. Trimble DriverSafety technology enables insurance premiums to be based on more tangible and objective parameters, such as how and where we drive.”

Trimble MRM believes this approach to assessing premiums is equally applicable to fleet insurance companies especially as recent research showed that one in every three crashes involves someone driving on company business.
 


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