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Many fleets exposing selves to unnecessary risks

Commercial vehicle operators are carrying significant risk due to lack of/poor technology and processes, new research suggests.

Simon Murray, Sales & Marketing Director at ProVision
Simon Murray, Sales & Marketing Director at ProVision

Analysis by ProVision’s newly developed Fleet Risk Assessment Tool, an interactive survey tool designed to help commercial fleet operators accurately evaluate individual business risk exposure, found that of the 200-plus responses received, more than six out of 10 respondents had a risk score above 70%. This puts operators near a 100% risk rating, which means that a fleet is not operating any technologies that can help them avoid accidents and adequately monitor fleet, driver and hardware performance, and is not actively monitoring compliance.

The research found:

17% of respondents do not carry out walkaround checks

15% admitted not having any accident reporting process

Only 20% had cameras in all vehicles and 50% of respondents had no cameras installed

42% of those with cameras only had a single windscreen-mounted dashcam

52% reported that their cameras did not alert them of hardware failures

80% reported they did not have remote access to camera footage

Simon Murray, co-founder and sales & marketing director at ProVision, said: “Of all the data we extracted, the overall picture is that many fleets are opening themselves up to unnecessary risk and exposed to large claims, insurance fraud, lawsuits, high legal costs and a heavy administrative overhead while dealing with claims.”

The highlights of the findings can be viewed, and the full report, along with infographic versions of the key data, downloaded at: 
www.provisioncameramatics.com/fleet-risk-survey-report/

The Fleet Risk Assessment Tool can be accessed here.

For more of the latest industry news, click here.

Written by Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

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