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FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW...

Date post: 15-Jun-2020
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FLEET UNDERWRITING / LOSS CONTROL OVERVIEW [email protected] (937) 401-3227
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Page 1: FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW tomflaten@thornvalleysafety.com (937) 401-3227. 2 •Positive “Safety Culture” •Safety

FLEET UNDERWRITING / LOSS CONTROL OVERVIEW

[email protected](937) 401-3227

Page 2: FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW tomflaten@thornvalleysafety.com (937) 401-3227. 2 •Positive “Safety Culture” •Safety

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• Positive “Safety Culture”

• Safety processes in place

• Compliance with regulations

• Utilizing industry best practices

• Driver hiring, orientation, training

• Safety manual, Awards/Discipline programs

• Inspection, Repair and Maintenance

• Operations, Driver Supervision, HOS

• Accident Administration (Register, Root Cause Analysis and

Crash Counter-Measures)

[email protected](937) 401-3227

Page 3: FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW tomflaten@thornvalleysafety.com (937) 401-3227. 2 •Positive “Safety Culture” •Safety

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• Account Summary

• Narrative

• Detailed Survey

• Driver Qualification File Review

• Driver list

• Equipment list

• IFTA reports (if applicable)

• Safety policy, Forms, etc.

• Photos of representative equipment, premises

• Other items as requested by U/W or LC

[email protected](937) 401-3227

Page 4: FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW tomflaten@thornvalleysafety.com (937) 401-3227. 2 •Positive “Safety Culture” •Safety

Causation

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“Luck is a word devoid of sense; nothing can exist without a cause.” (Voltaire)

Fleet Safety & Crash Countermeasure Guides

• CMV and non-DOT versions

• Driver safety orientation and refresher

training

• Management and leadership

development

• Collision preventability determination

• Crash root cause analysis

• Small Fleet safety policy

Small Fleet

Page 5: FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW tomflaten@thornvalleysafety.com (937) 401-3227. 2 •Positive “Safety Culture” •Safety

Contributing Factors

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EmployeeDriverOperationsMaintenance

Equipment

InspectionRepairMaintenance

Environment

WeatherRoadLight

X Event

Event

Event

[email protected](937) 401-3227

Page 6: FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW tomflaten@thornvalleysafety.com (937) 401-3227. 2 •Positive “Safety Culture” •Safety

The True Cost of a Collision

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Direct + Indirect Costs (Indirect represents up to 4 x Direct Costs)

[email protected](937) 401-3227

Page 7: FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW tomflaten@thornvalleysafety.com (937) 401-3227. 2 •Positive “Safety Culture” •Safety

Safety

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• The Corporate Expense Pipeline• Recruiting • Operations• HR & Payroll• Accounts Payable• Sales & Administrative• Legalization & Compliance• Maintenance, Tires & Fuel • Depreciation, Interest, Insurance• Safety???????

• Profitable companies don’t rely on “Luck”• Safety drives profitability by reducing

accidents• Unprofitable companies typically have

high claims frequency and severity levels making paying premiums difficult.

Are sufficient resources allocated to Safety?

Page 8: FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW tomflaten@thornvalleysafety.com (937) 401-3227. 2 •Positive “Safety Culture” •Safety

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Measuring Driver Behavior• Telematics - VER• ECM• ELD• GPS• CSA - SMS• PSP• MVR• Investigation & Inquiries• Fuel and Maintenance Costs• Customer Feedback• Motorist Observation

[email protected](937) 401-3227

Page 9: FLEET UNDERWRITING / LOSS CONTROL OVERVIEW€¦ · FLEET UNDERWRITING / LOSS CONTROL OVERVIEW tomflaten@thornvalleysafety.com (937) 401-3227. 2 •Positive “Safety Culture” •Safety

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[email protected](937) 401-3227


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