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...
Exclusive Content Quarter 3 (2018) This report shares key performance measures for fleet and risk managers, including accident and claim data, repairs, salvage, cycle times and safety. CLICK HERE TO ACCESS THE FULL REPORT This information is the copyright of Fleet Response. If you’d like to share it...
Every year, when new model vehicles are put into service in self-insured fleets, the cost to repair accident damage rises noticeably. Here’s why: Safety technology: The advanced safety systems in cars today rely on an increasing array of sensors, relays, cameras and lasers that can dramatically...