Operators focus on lower premiums with TrackEye 04 January 2017

Concrete pump hire business MixIt (Modern Mix) has seen a 60% reduction in claims against its fleet of drum mixers, concrete lorries and mix-on-site trucks after fitting the Exeros TrackEye vehicle camera solution.

MixIt’s transport manager Glen Beckwith also reports a 32% reduction in incidents – with the result that insurance premiums have dropped by more than 8% per vehicle.

It’s one example of how vehicle camera solutions can improve safety and cut costs, and according to Exeros Technologies’ Christian Stevens, the average fall in fraudulent claims against companies using its technology is 60%.

If a company is self-insured they could be potentially saving hundreds of thousands of pounds in claims costs each year, with our systems potentially paying for themselves up to six times within the first year,” says Stevens. “Alternatively, they can expect their insurance premiums to be reduced by at least 20%.”

Some large commercial fleets, he adds, have achieved payback on the camera system within the first year.

Another Exeros user, transport operator Mark Luck, selected Exeros TrackEye for 15 of its vehicles in a bid to address fraudulent claims against its fleet – and now fits the system into all new vehicles. Insurance premiums have fallen by 40% -- more than £4,000 per vehicle – and, according to owner Mark Luck, “having the proof to show insurers helps because you can’t argue with it... I would recommend Exeros technology to any haulier.”

Exeros HD TrackEye allows fleet managers to live-stream HD footage from individual vehicle cameras across the fleet directly to their desktop PC or mobile device at the touch of a button alongside accurate GPS tracking via Google maps.

The hardware also incorporates a two-way audio communication into the dash-screen offering a direct link to each vehicle in the fleet – so operators can instantly track, monitor and communicate with each vehicle and driver in real time.

Author
Laura Cork

Related Companies
Exeros Technologies

This material is protected by MA Business copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies contact the sales team.