TRANSPORT FORUM WORKSHOP HOSTED BY RTMS - 25 May 2021 JUSTIN BRICE HCV Specialist
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TRANSPORT FORUM
WORKSHOP HOSTED BY
RTMS
25 May 2021
JUSTIN BRICE
HCV Specialist
Discovery Business Insurance
1
UNIQUE CHALLENGES KNOWLEDGE &
FACING THE INDUSTRY AWARENESS IS KEY TO
ADDRESSING THESE
CHALLENGES
UNIQUE CHALLENGES FACING THE INDUSTRY
UNIQUE CHALLENGES FACING HCV INSURANCE PROVIDERS
TRUCK
DISTRACTED DRIVER
Impacts steering, braking
and acceleration, making it
difficult to control the truck
Impairs breaking and 71% 13%
increases distances required
to stop, which is exacerbated
in poor weather.
Causes braking systems and of drivers were fatigued
tires to overheat and wear at the time of their accident.
of commercial vehicle
rapidly accidents were caused by
Places undue strain on the Fatigue leads to lane changing,
axles and mechanical distracted driving, with poor decision making and
components of the truck cellphone usage being the slow reaction times.
main culprit
ROOT CAUSES OF CLAIMS
FACTORS THE MOST COMMON THE MOST COMMON
INFLUENCING TRUCK CAUSES OF TRUCK TYPES OF TRUCK
ACCIDENTS ACCIDENTS ACCIDENTS
⟩ Human Factors ⟩ Driver error ⟩ Lane Change
⟩ Vehicle Factors ⟩ Driver Fatigue ⟩ Loss of Control
⟩ Road and Environmental ⟩ Poor Vehicle ⟩ Roll over
factors
Maintenance ⟩ Rear End
⟩ Inclement Weather ⟩ Load Shift
⟩ Equipment Failure ⟩ Jack-Knife at low and
⟩ Improper or Over high speeds
Loading
KNOWLEDGE &
AWARENESS IS KEY TO
ADDRESSING THESE
CHALLENGESRTMS PROVIDES STANDARDS TO HELP HCV OWNERS MANAGE THEIR FLEET WELL & KEEP DRIVERS
SAFE
▪ Medical fitness
▪ Chronic illness management Payload optimization with
▪ Fatigue management minimization of overloading
▪ Driving hours (Mass assessment & verification)
▪ Wellness initiatives (e.g.
nutrition) Driver Loading
wellness control
Driver Safety /
training compliance ▪ Vehicle maintenance
• Providing skills development to
▪ Servicing intervals adhered to
ensure drivers obtain and
▪ Basic roadworthiness
retain competency to be safe,
▪ Minimizing breakdowns
compliant and thus provide
▪ Speeding controls
minimal risk on public roads.
▪ Accident analysis
▪ Traffic violationsTHE RESULTS OF USING TELEMATICS TECHNOLOGY IN COMMERCIAL INSURANCE
HAVE BEEN POSITIVE
Loss ratio by Vitality Drive for Business status Claim severity by Vitality Drive for Business status
100 100
62
56
49
39
35
27
22
13
No Vitality Blue Bronze Silver Gold & No Vitality Blue Bronze Silver Gold &
Drive for Diamond Drive for Diamond
Business BusinessCLIENTS HAVE EARNED GREAT REWARDS WITH VITALITY DRIVE FOR BUSINESS
Accumulated monthly cash back
“Discovery Insure’s business
on Vitality Drive
offering has enabled us to for Business
realise a decrease in accidents
of over 20% since the
implementation of Vitality Drive
for Business.”
in annual claims frequency
Sept-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20HOW CLIENTS ARE REWARDED FOR MANAGING THEIR HCV FLEETS WELL
DRIVER ACTIVE REWARDS VITALITY HEALTH CHECKS FOR DRIVERS
Each week, drivers who have achieved a driving score ❑ All drivers will receive an annual Vitality Health
of 70 or higher and have driven more than 100km, Check on site at their business premises.
qualify for an Active Reward such as an airtime or data
voucher, meal, coffee or smoothie from one of our
partners at no additional cost. ❑ All other employees that are not with Discovery
Health or Discovery Life also get access to the
same Vitality Health Check at a reduced cost of
R375 per person.11
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