Glenn Stebbings of GSIS Discusses the ROI Associated with M2M Technology at the M2M Evolution Event in Austin, Texas

TMCnet News

Norwalk, CT – September 7, 2011 – TMC (News - Alert) and Crossfire Media today announced that Global Services Insurance Solutions’ (GSIS) President & CEO Glenn Stebbings will discuss how M2M-based asset tracking technologies are bringing about a fundamental change in the insurance industry by helping manufacturers, food producers, shippers and logistics providers minimize loss in the supply chain, reduce claims, and lower their insurance premiums in the process. 

“According to the US Department of Justice, cargo theft on our nation’s highways accounts for more than $30 billion in lost assets each year. As a result, insurance premiums are on the rise, increasing the costs that retailers charge -- and consumers pay -- for anything transported through the supply chain,” said GSIS’ Glenn Stebbings. “In response to these trends, we’re introducing a new logistics management program that combines asset tracking technology with proactive recovery services, tailored insurance coverage and risk management consulting services, to help companies reduce loss in the supply chain, minimize their claims, and lower the costs of their insurance premiums.”

This session, which is scheduled for Tuesday, September 13^th at 1:30 PM, examines how the insurance industry is partnering with M2M technology providers to increase visibility in the supply chain and eliminate coverage gaps between manufacturers, shippers, and third-party logistics providers. Glenn Stebbings will also examine how technology helps shippers broaden their cargo coverage with less exclusions and warranties, and he will identify financial exposures beyond loss of cargo that shippers should be aware of. 

“This session clearly articulates the ROI model associated with M2M technologies and it’s going to be one of the most valuable sessions for shippers, third-party logistics providers, food and pharmaceutical producers and manufacturers of high-value merchandise,” said M2M Evolution Conference Chair Nikki Cuban, of OnAsset Intelligence. “M2M-based asset tracking technologies are clearly proving their value in reducing theft, and minimizing spoilage in the supply chain – which minimizes claims, and lowers insurance costs for shippers. We’re glad that Glenn is joining us in Austin to share this story first-hand.” 

Additional information on the M2M Evolution Conference is available online, and Registration for both M2M Evolution and ITEXPO remains open.  Members of the media can reserve media credentials by contacting Todd Keefe at For Immediate Release PR.

About GSIS:  

GSIS specializes in insurance programs for global and domestic logistics firms. The company’s executives have spent decades working for multi-billion dollar logistics firms providing warehouse, motor carrier, broker, freight forwarding, NVOCC, Rail, intermodal, and container delivery services. GSIS’s founders have developed their own insurance, risk management, and risk scoring metrics which have led to the creation of a new approach to providing insurance and risk management services to all aspects of the logistics industry. For more information, please visit www.gsis.com.

About Crossfire Media:

Crossfire Media is an integrated marketing company with a core focus on future trends in technology. We service communities of interest with conferences, tradeshows, webinars, and newsletters and provide community websites with the latest information in our industries.

About TMC:

Technology Marketing Corporation (TMC) is a global, integrated media company that helps clients build communities in print, in person, and online. TMC publishes the Customer Interaction Solutions, INTERNET TELEPHONY, Unified Communications, NGN and InfoTECH Spotlight magazines. TMC is the producer of ITEXPO, the world’s leading B2B communications event. TMCnet.com, which is read by two million unique visitors each month, is the leading source of news and articles for the communications and technology industries. In addition, TMC runs multiple industry events: 4G Wireless Evolution; Smart Grid Summit; M2M Evolution; Cloud Communications Expo; SIP Tutorial 2.0: Bringing SIP to the Web; VIPeering; Business Video Expo; Regulatory 2.0 Workshop, DevCon5: The HTML5 Development Conference; CVx; AstriCon; StartupCamp; MSPAlliance MSPWorld and more. Visit TMC Events for a complete listing and further information.

Media Contact
Todd Keefe (News - Alert) 
For Immediate Release Public Relations
617-262-1968 x 101
[email protected]