We support fleet owners in the reduction of the total cost of insurance from financial, society and sustainability standpoints. We deliver our services through our pioneering insurance analytics & best practice cost savings methodology which set new industry standards of transparency and cost control for fleet owner across the globe.
Interpretation and integration of data from multiple suppliers is a challenge. Our specialized Business Intelligence software converts all data into a uniform format in order to enable assessment of baseline costs and like for like comparisons.
It is not only the premium or leasetariff. The costs also include insurance premium taxes (up to 40% in some countries), non-recoverable vat and most importantly deductibles. The Benchmark reveals the hidden costs
Claims costs consist of paid amounts, reserves for anticipated claims payouts and recoveries. The last two are not certainties and insurers have widely varying practices on the level of setting these amounts.