Zurich Resilience Solutions enhances its Motor Fleet capability with Fleetyr agreement
Zurich UpdatesArticle6 July 2022
Zurich are a major provider of fleet insurance in Australia and New Zealand, with a diverse risk appetite for a broad range of vehicles, from cars, through to trucks and mobile plant. Complementing Zurich’s market leading insurance solutions, Zurich Resilience Solutions (ZRS) also has a unique level of expertise in providing fleet risk management, from risk assessments to solutions such as driver behaviour assessments and training.
Modern fleets of motor vehicles make extensive use of technology and data, from engine management systems, telematics, in-vehicle monitoring systems, fuel cards etc. And then there is the data from crashes as well as driver data, such as hours of driving and even infringements.
Managing all these rich data sources to provide clear and actionable insights is challenging. There is also the potential for undiscovered issues to harm business operations. Whether it is a large corporate, or a small family-owned business, failing to interpret the data correctly can have disastrous results.
For the busy fleet manager, making the time to analyse all the data sets and create an insightful picture of operations can be a challenge. Often there are multiple layers of data which enable a thorough, expert analysis. however, in many cases the fleet manager may not have the time nor the skill for such analysis. That is why ZRS has engaged with Fleetyr, experts in data integration and interpretation.
Fleetyr have the skills to receive multiple sources of data, clean and inter-weave this data to produce powerful risk insights for fleet managers. In short, they make data talk through easily interpreted visualisations. Working with Fleetyr, enables ZRS to provide mitigation strategies to address the underlying issues informed by the data analytics and augment the analysis to enable senior executives to make informed business decisions.
Exposing issues with efficiency, safety and sustainability used to take months of work by specialists, costing a small fortune. With Fleetyr this can be done with a click of a button at a fraction of the cost.
The agreement between ZRS and Fleetyr enhances data analytics with business resilience; it enables the end-user to communicate concisely and effectively with senior management and executives. Most importantly it can optimise the return on investment on the very technology that produces the data in the first place.
Zurich Resilience Solutions and Fleetyr can provide this service to our insured customers, but they are also able to provide this to any fleet, working through our broker partners.
