Risk Management

There is no doubt that over the last few years risk management processes would have been built into the culture of your organisation. However, where fleets of motor vehicles are concerned, effective risk management or, indeed, risk analysis, is rarely employed and the issues are usually distilled to an exchange of monies to and from the insurer.

There are now two major initiatives which bring motor fleet risk management into greater focus.

1. It is estimated that 1 in 4 deaths on UK roads are "at work" deaths. It is now accepted that corporately owned or leased vehicles and their drivers come under Health and Safety legislation.

2. The Government has announced their intention to change the law on corporate manslaughter to make it easier to prosecute organisations for management failures that lead to deaths. Road accidents will inevitably be included under these changes.

One of the most important factors in controlling and reducing risk, is information. More often than not accident information relating to your vehicles is presented to you in a very general format just prior to your policy renewal date. We have developed a claim system, C.A.R.I.S.M.A., exclusively for the National Contract, which provides comprehensive, up to date information about your accidents and incidents. Contractually, we will give you this at the end of each quarter, but in cases of larger fleets we can provide more frequent reports.

C.A.R.I.S.M.A. enables you to recognise trends which could be damaging to your claims experience if they are not addressed quickly with solutions. We are able to assess the reasons behind accident trends by a combination of numerous factors.

If you undertake Risk Management reviews we would be happy to attend these and give assistance where appropiate. Furthermore, your Insurer can carry out a full Risk Management Audit at no cost.

We will also work with you to provide illustrations where appropriate.

Lastly, our vision is that in future, Trusts will have the necessary stimulation to engage in realistic risk management activities as far as their motor fleets are concerned, and the natural development of this is already evolving with the exchange and importation of best practice between Trusts.