Technology and Motor Fleets – Reaping the Benefits
On 30 September, Marsh’s Transportation Practice (UK & Ireland) held a seminar in London which examined how technology is changing the face of fleet management and how these changes will impact risk management and insurance. The seminar was attended by clients across a variety of industries – a strong indicator of the importance of understanding the changing nature of fleet risk as technological advances alter risk discussions. The seminar focused on three main themes:
- Technological innovations – telematics, autonomous vehicles, changing business models, and roadmap for the future: Matthew Watson General Manager, Optimise Services Scania (Great Britain) Limited, gave a very thought provoking keynote speech where he considered future safety and driver support technologies and the immediate impact of the latest automated safety technology which becomes law in November.
- The role of the law in a changing landscape – practical applications and case study: Nick Rogers, BLM Partner/James Varney, BLM Partner, posed an insightful case study to demonstrate how technological change and the increasing availability of data will bring new questions to the operator regarding formal disclosure requirements in the event of an incident.
- Risk managed motor claims and the underwriting impact – a toolkit for fleet managers: Mike Russell, UK & Ireland Claims Leader, Corporate Business, Marsh, outlined how utilising data and analytics correctly can lead to a positive underwriting impact with recommendations for the optimum reporting processes to drive costs out of the business.
The presentations were followed by a networking lunch to enable clients to discuss the latest risk management trends and issues in the industry.