Equity Red Star Partners with Trimble for New Risk and Vehicle Management Solution
Insurance Company Turns to Telematics to Help its Customers Enhance Vehicle and Driver Safety, and Manage Risk on the Road
Ipswich, UK – February 29, 2012 - Trimble announced today that it is partnering with Equity Red Star, one of the UK’s largest insurers. Trimble’s in-vehicle telematics technology and GeoManager Driver Safety solution will form part of Equity Red Star’s new risk and vehicle management solution, Equitrack, for the commercial motor and motor fleet sectors.
Equitrack is a tailored solution that allows Equity Red Star customers to enhance vehicle and driver safety. Equitrack takes advantage of the latest in-vehicle telematics technology, combining fleet management and driver behaviour reporting to help businesses identify any issues with the vehicle or the driver.
In addition to helping companies reduce road risk, Equitrack is designed to deliver significant productivity improvements through better visibility and fleet management capabilities across a variety of industries including motor fleet, bus and coach, taxi, minibus and commercial vehicles.
“More and more insurance companies are realising the benefits of being able to offer commercial customers access to technology that can help keep drivers safe and reduce risk,” said Andrew Yeoman, managing director of Trimble Fleet Solutions. “By using Trimble’s telematics solutions, Equity Red Star can help organisations understand how their drivers behave on the road. This information can then be translated into helping fleet managers and service directors run safer, more efficient fleets which in turn can translate to operational and insurance savings.”
Equity Insurance Group’s CEO Ian Foy said: “Initial reaction to Equitrack from our brokers and their customers has been very positive. This is technology being applied in a highly pragmatic way to the commercial motor market. Many of the brokers we are speaking to recognise that Equitrack has the potential to deliver dividends in terms of client operational efficiencies as the information it provides helps drive down both costs and claims.”