harnesses telematics driving data from onboard fleet management systems or smartphone apps to help your business better manage the risks associated with operating vehicles, and potentially reduce your SG Insurance business auto premiums. Identifying and analyzing contextual driving risk may lead to better driving performance, a reduction in risky driving and improved driving safety—all of which could contribute to reducing collisions and related costs, protecting drivers, the motoring public, and saving lives.
Driving is risky business:
On average, motor vehicles crashes cost employers:
- $74,000+ for a non fatal crash (1)
- $500,000 for a fatal crash (1)
- $60 billion total annual costs for work-related collisions (1)
- Guidelines for Employers to Reduce Crashes; US Occupational Safety and Health Administration. National Safety Administration, Network of Employers for Transportation Safety.
- US Bureau of Labor Statistics 2016