CBG and Eagle-i launch fleet telematics partnership
!["Contract]("http://telematics-fcbi-d5.ndpclient.com/files/images/Contract "\"Contract")
The first such fleet to be signed upis CJ Services. The company has implemented Eagle-i's Monitor3 telematics system in its entire fleet of 85 vehicles.
CBG recognises this as an effective and ongoing fleet risk management tool, and CJ Services consequently qualifies for CBG's two-year preferential fleet insurance policy.
Both CJ Services and CBG expect to see major financial benefits over the life of the two-year insurance deal, not least in lower accident rates and reduced repair costs, which should ultimately translate to lower premiums.
Manchester-based CBG has in excess of 1,000 fleets of all sizes on its books and expects that many of its larger customers will derive significant benefits from implementing telematics. Areas of impact include lower fuel costs and carbon emissions, improved operational efficiency and more effective fleet risk management, leading to reduced accidents rates and continuous awareness of driving standards.
CBG Group managing director Mike Askew said that the benefits of deploying telematics in fleets may well lead to the equipment becoming standard on many vehicles in five years' time.
The launch of Monitor3 has attracted huge interest from the insurance sector, fleet operators and contract hire and leasing companies. It uses a unique and completely customisable dashboard display and highly visual graphics to present business-pertinent KPIs to management in all functions of a client business.
