What:
Overhaul collaborates with CNA to offer motor carriers preferred insurance pricing and policy terms through a new risk-management app.
Why:
To help insurers more effectively assess motor-carrier risk and adjust motor-truck cargo legal-liability policy terms and conditions, as well as to help policyholders reduce loss, while increasing profitability and productivity.
How:
- The risk-management app TruckShield utilizes existing hardware in a motor carrier’s fleet to provide drivers with the ability to lock stationary equipment in place. If a theft occurs, an immediate alert is sent out, and an extensive law-enforcement network is brought in. The nearest law enforcement officer is tasked with successful recovery, which makes the prospect of equipment theft, the prime cause of cargo theft, much easier to mitigate.
- TruckShield also works to simplify insurance, maintenance, and safety administration, as well as allows motor carriers to build a data profile that demonstrates ongoing safety and compliance improvements