Is your fleet risk reducing?

Are you in this position yet..?

• Accident management is in place
• The drivers are being trained
• The on-line driver assessments are being completed
• Grey fleet is under control
• Licence checking company is operational
• Last year’s claims statistics are available
• Appointment in the diary with the FD to review next year’s insurance costs
• Fleet size is more or less the same as last year
• All road risk data has is available in one receptacle
• The board remains committed to reducing road risk

Is your fleet risk program working?

Now, what we need to look at is whether the program is working and whether fleet risk is reducing. The answers to these questions are more complex than you might imagine.

Points to consider…

• What information is available from whom and in what format?
• Who will have the responsibility of collating this data in such a way that useful conclusions can be drawn?
• When should this exercise take place given that the insurance renewal dates may different to the financial year end and outsourced services will have varying review dates?

Whilst some fleets are now in this position many fleets will recognise from the above statements that they are not yet there. In practice there is more than one way gauge the success or failure of a road risk program.

How to gauge the success, or failure, of your road risk program

The following list may represent some good clues as to how to gauge the success or failure of a road risk program:

• Are insurance costs rising
• Feedback from drivers shows that the safety culture is more evident than previous years
• Are there more high risk or fewer high risks being identified as a part of the assessment stage
• Is claims frequency higher or lower than last year
• Are overall costs associated with claims rising 
• Do fault claims represent a higher or lower proportion of last year’s claims  
• Is the nature of the fault claims more or less serious than last year
• How many injuries have been incurred (own driver and third party)
•  Do total losses pose a financial threat
• How many more penalty points have drivers incurred compared last year

 

Pause once a year to reflect

These are just some of the examples of ways in which the effectiveness of a road risk program can be measured.

Of course best practice would indicate that fleets should pause once a year to reflect on the answers to these questions before starting the process of constructing the following year’s road risk program. 

Take a new approach

The Full Circle risk management program from RVM Fleet Services represents an exciting new approach to the way Fleets consume risk services.

In answering the points raised above, Full Circle can offer:

• A truly integrated and bespoke program
• Transparent view of the effectiveness of the chosen program
• Guaranteed service delivery by personal risk managers direct to drivers

 

For more information about Full Circle, or any of our fleet services, please contact us on 0113 2248888.

Executing a safe manoeuvre is more important than how you feel doing so

Doing the right thing (despite your temper) should always govern decision-making at the wheel. In life we often want to show our feelings but social conformity dictates we suppress them in favour of achieving a better result.

The 'Red Mist'

In driving it should be the same. We all know the red mist can sometimes descend when driving but that doesn’t mean we should be reckless to prove a point.

In assessing and training drivers we appreciate there are many different triggers that cause the blood to boil and these depend on both the driver and the circumstances. Reckless decision-making caused by road-rage can result in costly claims and even risk to life.

Keeping your fleet safe

As their fleet risk manager, our customers expect us to find solutions to this. The good news is that it is possible to identify the triggers and teach the driver to use techniques to avoid the flashpoint and move on safely.
 
Speak to RVM Fleet Services learn more about this and book your drivers onto one of our in-vehicle courses.

Phone Us: 0113 224 8888

Email Us: info@rvmfleetservices.co.uk

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Gallagher Heath (retail insurance division) intends to develop closer links with RVM Fleet Services to provide fleets with a new approach to road risk management.

After working together successfully to bring tailored and specialist solutions to some of the fleet clients of this prominent and progressive broker, RVM Fleet Services is pleased to be able to broaden the scope of its arrangements.

David Plowman, Head of Risk Management at Gallagher Heath (Retail Division) commented:

 “Gallagher Heath Risk Management offers an audit service to our clients in relation to motor fleet risk management systems; these usually highlight a number of areas where elements of the (RVM) Full Circle product can be utilised. We have worked in a joined up fashion on a number of cases in the past…. and…. I would like to go down the route of formally considering an agreement to introduce RVM on our fleet book of business”

In response, Diana Rose, MD of RVM Fleet Services commented:

 “Our partnership with Gallagher Heath represents an enlightened approach by a major broker towards managing fleet road risks.  The partnership is a perfect fit as Gallagher Heath offer the risk consultancy advice and can follow through by delivering the solution via RVM.  Strong logic draws us together through our mutual desire to reduce the cost and frequency of road traffic accidents."

Full Circle represents a truly integrated approach to Road Risk Management in the way it is constructed and delivered.  It is made up of the following five service options:

• Driver Profiling
• Licence Checking
• Grey Fleet Monitoring
• Accident Management
• Driver Training

For more information visit www.rvmfleetservices.co.uk or contact us on 01132248898.