Insurance Business Australia
by Mina Martin
Link to original article
Mercurien Insurance, in partnership with Zurich Australia, is set to launch an Australia-first telematics-enabled motor fleet insurance, to help insurance brokers deliver value to clients.
The Zurich-backed insurance offering will build on Mercurien’s proprietary BetterDriver telematics technology, and use the insights that BetterDriver delivers around fleet safety, risk and taxation outcomes.
Michael Graham, Mercurien CEO and co-founder, said BetterDriver is a “best-in-class telematics offer” developed for Australian conditions to assist organisations and drivers in managing risk.
“BetterDriver measures the quality of driving across multiple parameters including braking, cornering, acceleration, speeding, length and time of journey, and specific geolocations,” Graham said. “The outcome we seek is fewer injuries, fewer crashes, lower costs, less downtime, reduced fuel usage, and enhanced asset utilisation. We are very excited to now be able to combine the insights from BetterDriver with an insurance offering, backed by leading motor fleet insurer Zurich.”
Andrew Murrie, COO and co-founder of Mercurien, said the technology will enable Australian fleet operators to assess and manage emerging risks.
“Australian fleet operators are constantly on the lookout for better ways to manage their fleets and with our simple, cloud-based solution, they can assess their operations – from driver behaviour to tax credits, in near real-time,” Murrie said.
“As a leading motor fleet insurer we’ve seen first-hand the benefits of telematics in terms of driver safety, fleet maintenance and efficiency,” said Giles Crowley, head of commercial insurance, at Zurich General Insurance Australia and New Zealand. “We look forward to working with Mercurien and believe their offering will complement our broader motor proposition.”
Zurich Mercurien Motor Fleet Insurance will be available from June 22.