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February 13, 2012

Insurance Technology - eQuoteDirect Explains How Telematics Software Can Benefit Courier Van Insurance



eQuoteDirect is an insurance broker which specializesin the commercial insurance market. The company recently took the time to explain telematics-based protection policies, so that the public  can understand how these complicated systems can help the couriering industry profit.

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eQuoteDirect broker insurance represents clients from a number of different industry sectors. While the telematics software appears to be a business to customer based technology platform, brokers have shown how delivery businesses can leverage the advantages of this impressive software.

Telematics devices work in a manner of combining telecommunications and information technology in order to analyze and interpret its host-vehicle's exact movements. It then processes the information and sends it across to a third party who will then keep a tab on the driver's behavior. The device in many ways is similar to that of an airliner's “black box.”

eQuoteDirect believes that the telematics software has the ability to bring down courier van insurance. Couriers continue to spend a large part of their working day on the road and with the continued rise of online shopping, the courier industry will continue to expand. eQuoteDirect have clearly highlighted that by making use of telematics-based insurance policies, professional motorists will be able to considerably bring down their employer's premiums by driving safely.

In a release, a spokesperson for the brokers said, “Telematics software has been used by trucking fleets in the past to monitor driver efficiency -- it is great to see some insurers adopting the technology to monitor driver safety. Courier businesses can monitor drivers in the exact same way and now - they can benefit from an even fairer quote as well.”


Carolyn John is a Contributor to TMCnet. To read more of her articles, please columnist page.

Edited by Rich Steeves
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