Technological innovation improving risk in the transportation sector · 2019-04-18 · Commercial...
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Technological innovation improving risk in the transportation sector Mike Shaw Commercial Insurance Manager
Transcript of Technological innovation improving risk in the transportation sector · 2019-04-18 · Commercial...
Technological innovation improving risk in the transportation sector
Mike Shaw
Commercial Insurance Manager
04/19
Learning objectives
• Knowledge of transportation technology both
in-vehicle and associated.
• Understanding of how technology improves
insurance risks.
• Awareness of future industry developments.
• How to use your knowledge to get a competitive
edge.
Transportation technology
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Safety Security
Efficiency Economy
Environmental
Technological developments
Mechanical technology:
• Lifts
• Powered trucks
• Cement mixers/volumetric mixers
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Large capacity tail lifts
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Powered pallet trucks
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Piggy-back fork-lift trucks
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Piggy-back fork-lift trucks
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Cement mixers
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Volumetric mixers
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Digital technology:
• Apps
• Driver aids
• Fleet management
• Telematics
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Defect notification App (walk around
checks)
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Checking with a stick!
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Commercial vehicle SAT NAV
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GPS data technology
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Improved digital tachographs
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Lane change assist
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Lane change assist
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Reversing aids:
- Cameras
- Beepers
- Messages
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Surround view technology
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Surround view technology
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Mute in reverse
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Electronic PODs (point of delivery)
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Tracking systems - telematics
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Claims App (FNOL)
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Driver styles data using telematics
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Future industry developments
Autonomous emergency braking
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Face recognition
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Electric vehicles
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Autonomous vehicles
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Autonomous vehicles - roadtrains
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Getting a competitive edge
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Win and keep more transportation clients by:
• Demonstrating your knowledge of technology
• Including questions in your Fact Find
• Giving examples of how technology reduces risk
• Providing a thorough presentation for a competitive
quotation
The best risk presentation gets the best quote
Summary
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In summary, today we have considered:
• The scope of mechanical and digital technology in
transportation today
• How technology improves insurance risks
• Future industry developments
• How to use your knowledge to get a competitive edge
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About M R Ratcliffe Underwriting
• Transportation specialists for over 43 years
• Advice from our team of experts
• Rated insurers only
• Quick turnaround of quotes
• Non-standard risks
• Single vehicles to fleets
