A national chain of auto service shops needed help managing its self-insured garagekeepers liability claims. Unable to handle the high-volume of low-cost claims, its TPA went the extra mile to find a partner that could. If you run an auto repair business and drop a wrench...
When you manage a fleet of vehicles, accidents are about more than personal liability; it’s a matter of public safety. Fleet managers have a responsibility to ensure fleet safety training remains a top priority for their organization. “Companies are either good or lucky,” says Jerry Veres, Certified...
Preventing damage to your brand from unresolved third-party claims Third-party claims that arise from fleet activity put a company’s good name on the line. Even small ones require fast processing and white-glove care to achieve the best outcome. Many companies put their brand at risk...
Formulating a safety plan is important but building a safety program is vital. We review how to build a safety policy that best fits your company. “The company would be wise to create a safety policy that is similar to the hiring requirements found in the...
When it comes to formulating a fleet safety program, repetition and standards are the keys to success. Fleet Managers should take note of employees who may not be aware of the safety policy and have the employees practice safety in their everyday routine. Fleet safety...
Safety Training Isn’t Enough Why local delivery services are learning that an effective safety program does more than provide driver training. A startup boom in local delivery services has created high demand for driver safety training. But a safety program that meets guidelines, reduces risk and manages...
The power of claims data: How lack of measurement is stunting your corporate strategy Claims that arise from fleet operations are a necessary cost of doing business. But unless they align with corporate strategy, even closely managed claims may be costing the company more than you realize. That’s...
When a corporate fleet accident involves injuries to others, your brand is on the line. Handling third party bodily injury claims is specialized work. One of the most critical topics in the risk management arena is the specialized process of overseeing third-party bodily injury claims that...
4 out of 10 accident claims in a privately insured fleet are likely to involve a third party, according to data from Fleet Response. The intersection of these – accidents resulting in bodily injury to a third party – is what keeps corporate risk managers...
While typical recoveries run 10-15% of physical damage costs, a Fleet Response subrogation specialist can boost that figure to 33-35%. Reducing fleet costs by improving recovery yields and reducing cycle times Organizations that self-insure truck or auto fleets often struggle to make subrogation a priority. Small...