telematics

In this enlightening episode of the Sustainable Supply Chain podcast, I had the pleasure of hosting Erin Gilchrist, VP of Fleet Evangelism at IntelliShift, and host of the Straight Talk on Fleet podcast. Erin brought a wealth of knowledge and practical advice to the table, discussing the multifaceted approach needed for achieving sustainability in fleet management beyond the simple transition to electric vehicles.

We delved into the significance of leveraging technology and data to enhance fleet safety, efficiency, and sustainability. Erin highlighted the critical role of telematics in monitoring and managing fleet operations, advocating for a data-driven strategy that supports informed decision-making.

An interesting point Erin made was about the importance of internal collaboration within organisations. By bringing together legal, HR, operations, and supply chain teams, fleets can develop comprehensive sustainability plans that align with organisational goals and drive significant improvements.

Erin also shared valuable insights on change management and the necessity of setting realistic sustainability goals, reminding us that progress in sustainability is a journey, not a sprint. It's about making incremental changes and adapting to new technologies and practices that collectively contribute to a more sustainable future.

Whether you're a fleet manager looking to embark on a sustainability journey or someone passionate about the intersection of technology and environmental stewardship, this episode offers actionable insights and thought-provoking discussions on making fleets more sustainable and efficient.

Tune in to discover how IntelliShift is aiding fleets in navigating the complexities of sustainability and learn practical steps you can take today to make a meaningful impact. Your journey towards a more sustainable fleet starts here.

Don't forget to also check out this episode on YouTube

Podcast supporters
I'd like to sincerely thank this podcast's generous supporters:

• Lorcan Sheehan
• Krishna Kumar
• Olivier Brusle
• Alicia Farag
• Joël VANDI
• Luis Olavarria
• Alvaro Aguilar

And remember you too can Support the Podcast - it is really easy and hugely important as it will enable me to continue to create more excellent Digital Supply Chain episodes like this one.

Podcast Sponsorship Opportunities:
If you/your organisation is interested in sponsoring this podcast - I have several options available. Let's talk!

Finally
If you have any comments/suggestions or questions for the podcast - feel free to just send me a direct message on Twitter/LinkedIn.

If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it.

Thanks for listening.

The show discusses auto and home insurance issues in California, focusing on rising premiums and coverage challenges. Karl Susman explains factors causing rate increases, including more expensive repairs, labor shortages, and catastrophic wildfire losses. He outlines proposed state regulations to improve competition and availability. 

Key points include:

- Auto repair costs are rising due to sophisticated technology like sensors and cameras in bumpers. 

- Labor shortages also drive up garage bills. Insurers pay higher costs.  

- Insurers struggle to predict losses amid worsening wildfires. 

- Catastrophic claims strain profits. 

- Many insurers restrict new policies, forcing people to limited plans.  

- Proposed regulations would require insurers to offer policies in high-risk areas, allowing risk-based pricing. 

- More competition could lower rates.  

-Consumers must inform insurers of changes like teen drivers or home rentals that affect risk. Failure to disclose changes can jeopardize coverage. 

-Transparency with insurers is critical. 

Overall, California faces availability and affordability issues but proposed reforms could improve competition and stabilize the property insurance market.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS and FOX, and now his popular radio program is syndicated across several key radio stations throughout California.

Listeners can now tune in to Insurance Hour on:
-- KMET 1490 AM & 98.1 FM
-- KALZ 1400 AM
-- KZSB 1290 AM
-- KFIV 1360 AM
-- KSTE 650 AM
-- KTIE 590 AM

In addition to traditional radio, Insurance Hour has embraced the digital age. The program is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com

Episode 624: On today's Unscripted, Neil Alldredge, NAMIC president and CEO, talks with Mark Berven, Nationwide Property & Casualty president and COO, about the new era of risk and how the company is responding to the changing environment affecting all aspects of the insurance industry.

SambaSafety Report: From Perception to Practice: An Insight into Insurer Data Strategies and Sentiments

John Barbagallo, former President of Commercial Lines at Progressive, brings 40 years of insurance experience to SambaSafety. As a Strategic Advisor, he specializes in leveraging technology and data to drive profitable growth, enhance decision-making, and foster continuous process improvement within the insurance industry. He has played a crucial role in pioneering advancements with telematics that helped capture market-leading positions in Commercial Auto.

Motor insurance is stoking inflation in the UK if we allow it do so.   Data from Consumer Intelligence put the average motor policy increase at 34% in May and the Office of National Statistics said that motor policies were up 50% in the year to June.
These increases make it vital that no driver accepts an automatic renewal and that they all start to find the best deal a month out from their renewal date.  
You can save hundreds of pounds by renewing early.
Renewal quotes can rise enormously even when there have been no claims or incidents in the previous 12 months. This makes it all the more important to check the whole insurance market including the companies that are not on price comparison sites.  
Now is the time to cut insurance premiums  and help in the fight against inflation.

 

Please send ideas questions, tips and warnings about rip-offs to Mrs Mean through the contact page on her website: mrsmeanmoneyshow.co.uk or to infomrsmean@gmail.com

Looking for tools to change the conversation in this hard market? Shane and Tonya discuss the evolution of telematics, changing your lens as a agent, and how to market it to clients effectively.

Learn more at iaforward.com and follow IA Forward on LinkedIn, Instagram, and Facebook.

The trucking industry faced several challenges in 2022, but rate growth for primary auto insurance flattened for the first time in years. Today, Amanda and Scott are joined by Chris Slezak, Director of CRC Group’s Central Transportation Region, Julie Sirois, Director of CRC Group’s Northeast Transportation Region, and Alek Turko, Managing Underwriter and Office President with 5Star Specialty Programs. They’re going to fill us in on the state of the market for primary trucking insurance.

Featuring:
Chris Slezak - Director of CRC Group’s Central Transportation Region
Julie Sirois - Director of CRC Group’s Northeast Transportation Region
Alek Turko - Managing Underwriter and Office President with 5Star Specialty Programs

Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace.

Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!

What if just a few small changes in individual driving habits could snowball into significant emission reductions? In this second part of a series of two episodes dedicated to Telematics, our guest Philippe Moulin, CEO of DriveQuant, discusses the results of their eco-driving research. What are the implications of some of these changes in habits? How can insurers support their clients adapt to eco-driving?

Philippe Moulin, CEO of DriveQuant, is an engineer with a Ph.D. in applied mathematics. He worked for 15 years in a research institute for the automotive industry. He co-founded DriveQuant in 2017 to improve road safety and reduce the environmental footprint of mobility.

Our host today is Graham Johnston, Program designer for mobility products at SCOR.  He has over 30 years experience with global primary insurers developing personal lines strategy and products and he is a Motor underwriting specialist with 20 years experience in usage based insurance.

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Regulations  were introduced last year that were supposed to cut the cost of motor and homes insurance by £4 billion over the next 10 years.   But customers are being asked for increases of 80% and even the industry estimates we will all be paying an extra 30% on homes insurance this year and 15% more on motor premiums.

And unlike other years when we have been able to telephone our insurance company and negotiate a reduction, this year some companies are stating in their renewal letters the price and it is not negotiable.

So all customers have to start early when it comes to finding out where the best deals are and also to make sure they are not paying for features they do not need.

Remember the earlier you ask for a quote the cheaper it will be.  The closer to the renewal date the premium will increase because the insurance companies know you are running out of time.   We are frightened of missing the renewal date and being illegal when we drive or having no insurance when we claim. 

Loyal customers used to be overcharged now it may seem that all insurance customers are at risk of paying too much.  It is up to all of us to make sure we do not.

Please send ideas questions, tips and warnings about rip-offs to Mrs Mean through the contact page on her website: mrsmeanmoneyshow.co.uk or to infomrsmean@gmail.com

In today's fast-paced business world, having a connected supply chain is essential. That's where Transflo comes in - a company that specializes in helping businesses in the freight sector connect their supply chain operations.

On this episode of the podcast, I'm thrilled to have Transflo's CIO, Don Burke, as my guest. He'll be sharing the company's journey from a provider of scanning solutions for drivers to a leading player in the freight industry with a connected ecosystem for clients. We'll also delve into the role that data plays in transforming the industry.

Join us for a fascinating conversation filled with valuable insights and learn more about how Transflo is helping businesses stay ahead of the curve in the logistics space. Don't miss it!

Podcast supporters
I'd like to sincerely thank this podcast's generous supporters:

• Lorcan Sheehan
• Krishna Kumar
• Olivier Brusle
• Alicia Farag
• Joël VANDI
• Luis Olavarria
• Alvaro Aguilar

And remember you too can Support the Podcast - it is really easy and hugely important as it will enable me to continue to create more excellent Digital Supply Chain episodes like this one.

Podcast Sponsorship Opportunities:
If you/your organisation is interested in sponsoring this podcast - I have several options available. Let's talk!

Finally
If you have any comments/suggestions or questions for the podcast - feel free to just send me a direct message on Twitter/LinkedIn.

If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it.

Thanks for listening.

Linh C Ho, Chief Marketing Officer, Zelros

According to the US Federal Highway Administration, the average US driver clocks up around 11,500 miles per year. In this nascent age of artificial intelligence, data derived from driving habits – telematics insurance – offers the potential for personalised, usage-based insurance. This can be linked either to how you drive or as and when you drive. And this is just part of a revolution upon us in insurance. Robin Amlôt of IBS Intelligence speaks to Linh C Ho, CMO of US InsurTech Zelros.

Insurance team analyst Helena Kingsley-Tomkins discusses Tesla’s move into high-tech auto insurance and how it will affect the competitive landscape. Plus, Mark Wasden of the Banking team and Gideon Lubin of the Structured Finance team explain how sanctions on Russian businesses and assets will affect aircraft leasing companies and ABS backed by aircraft and related leases.

Related content on Moodys.com (some content only available to registered users or subscribers): 

• Aircraft Lessors and Aircraft Lease ABS – Global: Lessors can absorb effects of moderate exposure to Russian airlines; exposed aircraft ABS vulnerable
• Property & Casualty – Global: Tesla’s insurance venture puts incumbents under added pressure to innovate
• Property & Casualty Insurance – US: Insurers better match rate to risk as telematics gain consumer acceptance

Helena Kingsley-Tomkins and Paulette Truman of the Insurance team discuss how tech is transforming the insurance business, from connected devices that help prevent injuries and accidents to auto manufacturers entering insurance distribution. Plus, Sonny Hsu of the Banking team discusses the results of the Hong Kong Monetary Authority’s first climate stress test of banks, and Jasper Cooper of the Insurance team talks about the scope of insured losses from the recent Marshall wildfire in Colorado.

Related content on Moodys.com (some content only available to registered users or subscribers): 

• Banks – Hong Kong SAR, China: Hong Kong Monetary Authority's bank stress test on climate risk is credit positive
• Property & Casualty – United States: Homeowners and commercial property insurers face losses from Colorado wildfire
• Property & Casualty Insurance – US: Insurers better match rate to risk as telematics gain consumer acceptance
• Insurance – Global: Innovation critical for insurers as technology threatens their traditional earnings

For much of our show, we’ve focused on our market here in the United States, but what about the rest of the world?

Fleet Managers that get assigned to international markets quickly learn just how different other countries operate compared to the United States. 

Size of roads, availability of refueling stations, access to repairs and maintenance, laws and regulations, traffic density, and accessways, it’s endless, the myriad of systems in play around the world. 

Meet Raj Bajaj, Vice President for Webfleet Solutions International, a Bridgestone Tire company. They are on a mission to make it easier to operate a fleet anywhere in the world. And to do this, it requires highly sophisticated and localized data plus an intimate knowledge of how each country operates. 

All of this data is used to gather better insights to make better recommendations on how to more efficiently operate a fleet. 

If you’ve ever been curious about how international markets prepare for maintenance, how critical infrastructure around the world plays a massive role in how goods are shipped or wanted to know why a tire company would want to buy a software company, this is your episode.

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The Fleet is brought to you by our friends at Lytx. Whether you manage a fleet of five vehicles or 5,000 – Lytx is here to help. 

Lytx fleet dash cams are powered by best in class machine vision and artificial intelligence designed to help commercial fleets and drivers operate more safely, efficiently, and profitably.

Go to Lytx.com/thefleet to learn more today.

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The Fleet is created by the team at Mission. To learn more about our creative studio and network of podcasts, go to mission.org.

Where does a city turn in order to make their roads safer? Who does a private fleet call to improve driving conditions for its drivers? 

Because these questions went largely unanswered, a new organization was created to better address solutions for safer roads.

From companies like ABInbev and UPS to city governments, Together for Safer Roads, or TSR for short, is a global coalition on a mission to create safer roads. David Braunstein is the President of TSR and he joins us today to discuss how the organization has been making impacts for decades. 

From redesigning roads and intersections, to providing data and data collection systems to improve civil engineering decisions, TSR is playing a part.

David also discusses how TSR funding helps to enable smaller fleets to gain access to new technologies like Machine Vision or In-Cab cameras to help improve driver safety. 

And the impacts from these solutions aren’t just local. They are global. Learn more on today’s episode with David Braunstein.

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The Fleet is brought to you by our friends at Lytx. Whether you manage a fleet of five vehicles or 5,000 – Lytx is here to help. 

Lytx fleet dash cams are powered by best in class machine vision and artificial intelligence designed to help commercial fleets and drivers operate more safely, efficiently, and profitably.

Go to Lytx.com/thefleet to learn more today.

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The Fleet is created by the team at Mission. To learn more about our creative studio and network of podcasts, go to mission.org.

About 35 percent of U.S. trucking miles are driven empty. This means that roughly 1 in 3 trucks we see on the road are empty, traveling between jobs, burning fuel, time, and miles with nothing to haul and no money being made.

Convoy is on a mission to change that. 

Joining the podcast today is Grant Goodale. Grant is the founder, former CTO, and now CXO of Convoy, an on-demand trucking service for arranging regional and local shipments.

Today, Grant tells us how his team is transforming the trucking and shipping industry by helping connect drivers and companies with orders around the country. Grant talks about how they built the Convoy network from the ground up, how they vet for and encourage safety among drivers, and how they are building a future without those time-sucking, fuel-guzzling empty miles.

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The Fleet is brought to you by our friends at Lytx. Whether you manage a fleet of five vehicles or 5,000 – Lytx is here to help. 

Lytx fleet dash cams are powered by best in class machine vision and artificial intelligence designed to help commercial fleets and drivers operate more safely, efficiently, and profitably.

Go to Lytx.com/thefleet to learn more today.

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The Fleet is created by the team at Mission. To learn more about our creative studio and network of podcasts, go to mission.org.

Earlier this season we sat down with Giovanni Bertolino of Enel X to discuss electric vehicles and the infrastructure needed to support them. Today, we dive even deeper into the world of EVs and what you need to know about implementing them in your fleets. 

Joining us for that discussion is Tim Campbell, the founder and Managing Director of Campbells Consultancy. He is one of the UK's most experienced commercial vehicle consultants in helping fleets transition from diesel to electric or hydrogen fuel cells. As he puts it, switching to “alternatively-fuelled vans or trucks is the start of the journey, not the end.”

In today’s conversation, Tim takes on that journey and helps answer the questions you don’t even know to ask about switching to EVs. From how to power your vans to what type of chargers to use to why it matters whether or not you are leasing your land to the role weather and location play in it all, Tim shares his take on everything you need to know about EV fleets.

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The Fleet is brought to you by our friends at Lytx. Whether you manage a fleet of five vehicles or 5,000 – Lytx is here to help. 

Lytx fleet dash cams are powered by best in class machine vision and artificial intelligence designed to help commercial fleets and drivers operate more safely, efficiently, and profitably.

Go to Lytx.com/thefleet to learn more today.

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The Fleet is created by the team at Mission. To learn more about our creative studio and network of podcasts, go to mission.org.

What trends should fleet managers and industry executives expect to see in the next year, 5 years, and 10 years? And how will these trends affect the day-to-day for drivers on the ground?

Joining the podcast today is Rajesh Rudraradhya, CTO of Lytx. Rajesh shares his vision for the future of fleet technology and what he is working on today to meet that vision. Plus, he dives deep into the key trends facing the industry as a whole - including cloud and increased connectivity, the impact of 5G, video as the new GPS, and the growing role vehicle sensors are playing in keeping drivers safe. 

From crosswind detection and weather-based speed recommendations, to sensors that can not only recognize black ice but communicate the location of that black ice to other drivers in the vicinity -- Rajesh and his team at Lytx are building the future of vehicle safety. Learn more on today’s episode.

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The Fleet is brought to you by our friends at Lytx. Whether you manage a fleet of five vehicles or 5,000 – Lytx is here to help. 

Lytx fleet dash cams are powered by best in class machine vision and artificial intelligence designed to help commercial fleets and drivers operate more safely, efficiently, and profitably.

Go to Lytx.com/thefleet to learn more today.

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The Fleet is created by the team at Mission. To learn more about our creative studio and network of podcasts, go to mission.org.

Today we have a special guest uniquely positioned to offer both a perspective on driving and on coaching -- Herschel Evans, Safety Trainer and Driver for Yellow Corporation. Herschel was recently awarded Lytx’s 2021 Coach of the Year and was the first-place winner in the For-hire Trucking category. Among countless impressive accomplishments, he has maintained a flawless driving record with over 3 million accident-free miles.

Today, Herschel explains how he got his start as a trucker 33 years ago, why he fell in love with the industry, and how his role has evolved from driver to coach. He tells us his philosophy on coaching, what he looks for when he conducts road tests, and why 3 decades later he still values being on the road more than anything else. Plus, he shares some of the craziest things he’s seen behind the wheel and why safety is always top of mind.

His personal story will give you first-hand insight into the driver’s world and what it takes to recruit and retain drivers for your fleet operations.

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The Fleet is brought to you by our friends at Lytx. Whether you manage a fleet of five vehicles or 5,000 – Lytx is here to help. 

Lytx fleet dash cams are powered by best in class machine vision and artificial intelligence designed to help commercial fleets and drivers operate more safely, efficiently, and profitably.

Go to Lytx.com/thefleet to learn more today.

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The Fleet is created by the team at Mission. To learn more about our creative studio and network of podcasts, go to mission.org.