Reducing risk, reducing insurance premiums: MiX Telematics and Towergate benefit operators through Towergate Fleetcare+

24 Apr 2012

Users of MiX Telematics Fleet Manager solution are now able to benefit from potentially lower insurance premiums should they choose the Towergate Fleetcare+ product offered by leading commercial vehicle insurance specialist Towergate Insurance Motor.  This is because Fleet Manager meets the criteria laid down by  Towergate which allow risk to be assessed and remedial action taken to reduce the chance of any future losses occurring.

"As the use of telematics within the Commercial Vehicle sector increases, the question many operators are asking is: "Could the system we’ve selected reduce our insurance premium?" says Steve Coffin, Marketing & Operations Director for MiX Telematics. "The answer is 'Yes' for Fleet Manager users who chose Towergate Fleetcare+"

In creating Towergate Fleetcare+, Towergate has teamed up with some of the UK’s largest insurers and has created a telematics product that helps improve risk and reduce insurance premiums. Towergate has pre-approved systems from telematics companies that provide systems that demonstrate driving events such as speeding, harsh braking, harsh cornering, rapid acceleration, fuel consumption and driver ID, all of which are delivered by MiX Telematics' Fleet Manager solution.

From this data generated, Towergate is able to highlight the risks in the fleet and implement an appropriate risk management programme. Operators with a system that demonstrates the above can enjoy significant financial benefits, such as profit share and two-year insurance deals.


Larry Smith, Managing Director of Towergate Insurance Motor states, "The future is telematics. It predicts what could happen in the future and gives us the opportunity to stop the loss before it occurs. Telematics is the future of motor insurance in the UK."

Towergate
Towergate Insurance Motor has over 30 years expertise in the transport sector and is committed to providing clients with the support they need in order to help reduce risk within their fleets, effectively rewarding you with competitive premiums. For further information, visit: www.towergateinsurance.co.uk

MiX Telematics is an Introducer Appointed Representative of Towergate Underwriting Group Limited Registered Address Towergate House, Eclipse Park, Sittingbourne Road, Maidstone, Kent ME14 3EN. Towergate Insurance is a trading name of Towergate Underwriting Group Limited. Registered in England No. 4043759 Authorised and regulated by the Financial Services Authority. Calls may be recorded.

MiX Telematics
Founded in 1995, MiX Telematics is a global provider of vehicle tracking and fleet management products and services to consumers and companies of all sizes in 111 countries, across six continents. The company’s commercial product range – formerly marketed under the VDO brand and sold by Siemens VDO for 10 years – helps fleet owners ensure driver and passenger safety, reduce fleet running and fuel costs, comply with selected industry regulations, and track and protect vehicles and drivers. Commercial customers include Parmalat, Schlumberger, Chevron, Greyhound, Spar, and Scania. MiX Telematics has offices in South Africa, Germany, the United Kingdom, North America, Australia, the United Arab Emirates, Qatar, and Uganda, and works via an extensive global distribution network.

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