Skip to main content

Collision Management Systems debut in fleet risk management market

The Concirrus Connect platform developed by Concirrus, provider of cloud-based software for the Internet of Things (IOT) has been chosen by Collision Management Systems to launch its solution for the fleet risk management market. The new DriveGuard solution utilises next generation telematics technology combined with the latest IOT platform, both from Concirrus to deliver technical flexibility and real-time intelligence for those dealing with the incident and claims process. By gathering more information
December 10, 2013 Read time: 2 mins
The Concirrus Connect platform developed by Concirrus, provider of cloud-based software for the Internet of Things (IOT) has been chosen by Collision Management Systems to launch its solution for the fleet risk management market.

The new DriveGuard solution utilises next generation telematics technology combined with the latest IOT platform, both from Concirrus to deliver technical flexibility and real-time intelligence for those dealing with the incident and claims process. By gathering more information and combining this with research, the DriveGuard system provides powerful insight and a holistic view of incidents from first notification of loss through to the settlement of claims, dramatically reducing costs and exposure to fraud.

"The use of telematics in the insurance industry is gathering pace and has proven to be invaluable tool for identifying and managing risk. However, the DriveGuard solution represents a true step forward in utilising telematics data and the Internet of Things to handle claims more efficiently.” said Andrew Yeoman, CEO of Concirrus.

Charles Smith, CEO of Collision Management Solutions explained “We chose Concirrus as their platform allowed us to provide a leading edge and powerful solution in a remarkably short period of time. During our initial market testing there has been a great reaction from fleets, accident managers and insurers who see DriveGuard as the perfect tool to reduce their increasing claims costs.”

Related Content

  • Global toll revenues $8.5bn while technology ‘battles’ continue
    April 9, 2014
    ABI Research’s Dominique Bonte talks to Jason Barnes about trends in tolling and how a wider appreciation of technology options is sorely needed. Global Electronic Toll Collection (ETC) solution revenues will grow to $8.5bn by 2018, with ETC becoming a main source of funding for both Intelligent Transport Systems (ITS) and Vehicle-to-X (V2X) cooperative infrastructures, according to a new report from ABI Research (Chart 1). But, says the report’s author, ABI Research vice president and practice director Dom
  • Smart cities tie-up for Singapore and Shenzhen
    January 5, 2024
    Multiple MoUs signed between companies and organisations in both places
  • Developing markets to drive commercial telematics systems to $12 billion by 2016
    May 18, 2012
    Fleet management and trailer tracking system revenues will grow at a CAGR of 19.4 per cent in the next five years, rising from about US$5 billion in 2011 to exceed $12 billion in 2016. ABI Research Telematics and Navigation Group Director Dominique Bonte comments: "While commercial telematics in developed markets such as North America and Western Europe is reaching maturity, especially in the trucking segment, the major growth in future is expected to come from developing regions where safety and security r
  • Consumer telematics driving automotive electronics
    February 3, 2012
    This year's Consumer Electronics Show in Las Vegas was characterised by consumer telematics solutions, writes Dave McNamara