Scoop has an Ethical Paywall
Safe Driving Rewards Programme named Innovation of the Year
Safe Driving Rewards Programme named Innovation of the Year
15 November 2016 An initiative that rewards
transport operators that demonstrate safe driving by waiving
insurance excess has won Innovation of the Year at the New
Zealand Insurance Industry Awards.
The Safe Driving Rewards Programme is a collaboration between insurers NZI / Lumley and transport technology company EROAD.
Customers of EROAD who are also NZI / Lumley policyholders can sign up for the programme at no extra cost. EROAD’s market-leading Leaderboard tool benchmarks drivers against others in their organisation and against drivers in the EROAD driving population. Companies placed in the top 25% of EROAD’s driving population may qualify to have their insurance excess waived in the event of an accident.
The programme, launched in August 2015, has been extended to August 2017.
“Our customers have so far saved more than $136,000 in excesses,” EROAD CEO Steven Newman says.
“We believe data analytics has the potential to revolutionise the heavy vehicle insurance industry and we’re delighted that the innovative nature of this initiative has been recognised.
ends
RNZ: Parts Of Power System Could Be Out For 36 Hours In Event Of Extreme Solar Storm
NZAS: New Zealand Association Of Scientists Awards Celebrate The Achievements Of Scientists And Our Science System
Stats NZ: Retail Spending Flat In The September 2024 Quarter
Antarctica New Zealand: International Team Launch Second Attempt To Drill Deep For Antarctic Climate Clues
Vegetables New Zealand: Asparagus Season In Full Flight: Get It While You Still Can 
Bill Bennett: Download Weekly - How would NZ telecoms cope with another cyclone
