Wednesday 27 April 2016

Other than legal compliance, what else should outsourced fleet risk management do for you?”


This question goes to the heart of what fleet risk management is really about. 
In addition to satisfying your duty of care, many fleets buy fleet risk management to reduce insurance costs, others feel strongly about protecting the company brand and still others simply wish to increase safety for drivers and the public at large. 
So let us look at how these extra motivations behind fleet risk programs actually benefits end-user fleets:
  • Supply chain simplicity - any well-constructed outsourced fleet risk management program should smooth out the supply chain by offering only one solution that assesses and resolves all possible areas of driving-risk  for a fleet.   
  • Ease of operation – a single supply arrangement means the fleet only has one contact, one set of reports, one cost, one review meeting and one contract to deal with and that saves time and money  
  • Time-savings internally - this consolidated risk solution saves time and money for fleets by avoiding manual processing and maintaining spreadsheets.  For example, manual check licences and manual consolidation of different risk metrics.  
  • Internal expertise - Fleets can also avoid the need for specialist software and suppliers as well as the need to employ internal risk expertise.  In-house risk management may be self-defeating if the wrong conclusions are drawn from the data.
  • A view of the future – An insurance premium is determined by historic information so to control the future, Fleets need to be able to predict which drivers are the most likely to have accidents and why.  Armed with that data, action can then be taken to offset much of that risk.
     
    If you are interested in an outsourced solution that provides all of the above benefits, call us now on 01132248800 or e-mail us at info@rvmassist.co.uk
     
    At RVM our integrated approach allows us to help fleets to implement effective safety policies, analyse trends and identify high risk drivers. Our Driver Training program is targeted, timely and appropriate. The result is lower accident rates, improved driver safety, and reduced costs


“Driver Licence Checks – just a compliance issue or actually much more than that?”


Clearly, it is important to make sure that your main fleet and grey fleet drivers are legally allowed to drive.  That much is obvious and demonstrated by the fact that most fleets now have a formal checking procedure in place.   

However, a licence check result can do much more than perform a simple compliance test.  Indeed, the results can be more meaningful when set alongside the results of other types of driver metrics such as a claims history, online driver assessments or indeed the most recent telematics data feed. 

Consider for a moment that a licence check can represent confirmation or denial of discovered driving habits, it can reinforce decisions about types of remedial action as well as prompt training needs such as speed awareness, mobile phone policy or familiarity with UK road signs. 

Ultimately, a licence check result may also uncover high risk endorsements that link with driver attitude and which may prompt the creation of a specific in-vehicle training course that contains material designed to address that particular type of risk. 

If a fleet uses licence check results in isolation then important improvement opportunities may be missed.  That means any remedial action taken (in good faith) may contain the wrong messages given to the wrong drivers, which will have no impact on reducing insurance costs or claim frequency.

Therefore if you would like more information on how to enhance your Licence Checking data, call us now on 01132248800 or e-mail us at info@rvmassist.co.uk

At RVM our integrated approach allows us to help fleets to implement effective safety policies, analyse trends and identify high risk drivers. Our Driver Training program is targeted, timely and appropriate. The result is lower accident rates, improved driver safety, and reduced costs