The client is an insurance company that is offering motor insurance to its customers and could go beyond their target on a monthly basis, but also faced multiple claims from clients/customers.
The client being an insurance company, provides their motor vehicle insurance products to their customers. It was found that the customers raised claims with false documents. So, the insurance company now faces huge loss cutting down its profitability, even though they cross sales targets on a monthly basis. It was realised that the client needed a solution with GPS devices to monitor unnecessary trips and discrepancies of the customer’s vehicles on-field.
The Trinetra Wireless solution provides the insurance company with real-time updates. The client utilises it on a regular basis to know how the vehicle is utilised, about the driver’s habits and total distances travelled in a day. The client is concerned about driving habits of drivers. Based on it, the insurance sector likes to provide the policy terms to the fleet owner/management. With a fleet management solution enabled with GPS system, both the fleet owners and insurance company can be provided real-time data on vehicles covering location of vehicle, driver scheduling, fleet maintenance and utilisation plus other data like parking or idling status.
Apart from these, data on driver violations that could lead to accidents, like harsh acceleration, braking or turning, other parameters can be recorded. This helps insurance companies to determine premiums. Trinetra’s FMS also supports additional external safety device integration, like a panic button, vehicle immobilizer, etc., to have control of vehicles when under critical situations.
- Instant alerts on deviations from business safety rules
- Alerts when speed levels exceed the limit
- Increased visibility between the various stakeholders
- Improved driver management with the solution
- Comprehensive asset monitoring
- Increased employee satisfaction
- Reduced maintenance costs